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Home»News»Remote transaction for purchasing real estate in the USA

Remote transaction for purchasing real estate in the USA

April 10, 2025

You can conduct a purchase and sale transaction remotely. To do this, you will need to issue a power of attorney to a lawyer at the US embassy (consulate) in your country.

The lawyer will send a special form of power of attorney to the buyer by mail. The buyer will transfer the money to the so-called trust account of his American lawyer, from where it will be transferred to the seller upon conclusion of the transaction.

The risks in this situation are practically reduced to zero – provided that the buyer uses the services of a licensed specialist. Unscrupulousness in the transaction can lead to the lawyer losing his license, and it is very valuable, since another license for similar activities will not be issued. Therefore, the buyer can be sure of the legality of the transaction.

In those states where the transaction is carried out through an escrow company, the documents are signed at the US embassy and sent to the company, and the money is transferred to the escrow account, from which it is then transferred to the seller after deducting all expenses. Such a transaction also carries virtually no risks.

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