AGENT of THE
Steps to Apply for a Home Loan Steps to Buy a House in the United States The Importance of Real Estate Agents in Buying and Selling Homes Comprehensive Overview of Commercial Real Estate Investment Opportunities in the United States Analysis of Key Points in Chinese Real Estate Sales Contracts Analysis of Key Points in Chinese Real Estate Purchase Contracts Admission Application Process for Public and Private Schools
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3. Apply for home loan Pre-Approval Letter Before you get ready to seriously look at a house, preparing a mortgage pre-approval can help you understand the maximum amount of loan you can really get, so as to avoid wasting time and energy after you fall in love with a house only to find out that you can't afford it. Since the supporting documents required to apply for a mortgage Pre- Approval are basically the same as when you actually apply for a mortgage, getting the preapproval first will make it much smoother when you actually go through the house loan procedures later, which can speed up the entire house purchase transfer process. Pre-Approval is generally free, but some institutions may charge a fee. but if you apply for a mortgage directly from the bank without going through an intermediary, you may be able to save some additional intermediary fees. Some local Credit Unions may also have more favorable mortgage options.
Steps to Apply for a Home Loan in the United States
In the United States, a major feature of many Chinese buyers is to "buy houses with cash." Due to cultural and consumption habits, many Chinese buyers will have relatively sufficient financial preparations before buying a house and pay the full amount in cash. However, as everyone The awareness of rational planning of investment and financial management has been strengthened, and more and more buyers are choosing to purchase real estate through loans. So what are the steps to apply for a mortgage loan in the United States? 1. Check credit reports and prepare deposits Before you start buying a house, you should make preliminary preparations. For example, understand your credit score (Credit Score), confirm that there are no erroneous information and negative records on the credit report (Credit Report), and there are no large amounts of debt records, and prepare deposits for down payments and transfer fees, etc. 2. Looking for a bank loan or a mortgage broker? To apply for a loan to buy a house, you can apply directly with a lender (such as a bank), or you can ask a mortgage broker (Mortgage Broker) for help. The procedures are the same. Mortgage brokers are equivalent to intermediaries. They can usually inquire about different types of mortgages, different interest rates and handling fees provided by different banks, making it easier for you to compare and give you more choices. Most mortgage brokers also have more professional services and can better answer questions about mortgages. The bank will only provide its own mortgage project selection,
4. View the house and make an offer
After getting the pre-approval letter, you can choose a house within your ability based on the amount of the home loan you applied for. It is recommended to find a reliable buyer's agent to help. If you have a house you like, you can propose a purchase intention to the seller. After rounds of bargaining, the price and other conditions are finally determined.
6. Waiting for home appraisal: Appraisal After the bank accepts the loan, it must conduct a house inspection. If there are no problems with the house inspection, or the problems found during the inspection have been repaired, and the buyer has re-accepted the loan, the bank will arrange for a dedicated person to conduct a house valuation and then confirm whether to approve the loan. Get a mortgage. If the bank's valuation of the house is lower than the price listed on the house purchase contract, the bank will only choose the lower price between the house valuation and the contract price to approve the house purchase loan. Lenders will also require borrowers to purchase house insurance. Even if it is not mandatory, purchasing house insurance is an important means to protect the interests of homeowners. 5. Fill out the mortgage application form Mortgage Application After you have discussed everything with the seller and signed the purchase agreement (Purchase agreement accepted), you need to formally apply for a mortgage (Secure the mortgage). Most banks or mortgage brokers in the United States will use the Uniform Residential Mortgage Application, commonly known as Form 1003 (Form 1003), which is common across the United States. Fill in the type of home loan you are applying for, the loan period, the loan amount, the interest rate, and the information about the house you plan to buy. Detailed information such as address, purpose of loan application, borrower’s personal information, borrower’s job and income, etc. In addition, you also need to provide necessary supporting documents, the latest pay stubs, bank statements, tax forms and other documents. When the bank receives your home loan application, it will generally provide you with a written estimate of the cost of the home loan within 3 working days.
8. Handle real estate transfer Closing Closing (transfer settlement) is the last step in the U.S. home buying process. It takes an average of 45 days from signing the house purchase contract (Offer Accepted) to formal transfer settlement (Closing). On the settlement day, the buyer, seller, and all relevant personnel such as real estate agents, lawyers, closing representatives, escrow representatives, lender representatives, etc. usually make appointments to meet in the Title Company. The title company will be responsible for checking the real estate liens (Liens) and confirming that the seller has full rights to sell. The buyer formally signs a home loan contract and Deed of Trust (trust deed) with the bank. The seller signs the real estate title transfer and the buyer pays the required Closing. After paying the transfer costs, you can get the house keys. 7. View the detailed documentation of the house loan transfer: Closing Disclosure The lender must send the final details (Closing Disclosure) of the related home loan transfer fees to the borrower at least 3 working days before the planned closing date. Closing Disclosure is a form document that includes loan terms, estimated monthly payments, home loan fees and real estate transfer fees, etc. It also lists what fees the buyer needs to pay and what fees the seller will pay. Confirm the details and compare them with the Loan Estimate you obtained previously. If you find any discrepancies, contact your bank for verification.
Buying a house in the United States Steps and Notes
Buying a house is a big event in life. Real estate transactions in the United States have a sound system and complete laws and regulations, as well as complicated processes, and every detail is crucial. So what steps do you need to go through from choosing a house to getting the keys to move in? In fact, it can be roughly divided into the following eight parts: STEP 1: Be “aware” The first step here, “knowing what you are doing”, refers to knowing clearly what your purpose of buying a house is. Is it for investment, education or self-occupation? What is your approximate budget? Do you prefer new houses or second- hand houses? Different purposes will determine the type of house you choose and the approximate location. If it is for investment, you need to choose areas that are easy to rent out and have considerable rental income. You also need to consider whether property management is convenient. If it is for children's education, you need to choose a house in a good school district. If it is for self-occupation, you should also consider whether transportation is convenient, etc. In short, before buying a house, you should establish an "ideal type" for yourself.
STEP 2: Find the right agent Finding an agent with professional real estate knowledge and extensive experience is a very important step. Agents can help buyers analyze their needs and find suitable properties. Throughout the process, experts in many different fields will also be involved, such as your child's school district and home insurance, car insurance information, etc. Professional agents have their own experience and skills and can provide the latest and most accurate information to help buyers make reference choices. Finding the right agent is definitely the most critical step in the home-buying process. STEP 3: Determine the budget and issue a Pre-Approval letter Buying a house is not a small move and requires a lot of funds. Especially when signing a house contract, you need to pay the down payment and transfer fees first. At the same time, you also need to pay the house loan, HOA fees, property taxes, and other fees every month. Therefore, please base your savings and monthly Deposit and monthly income to reasonably determine the price range of the house you plan to buy.
Step 4: House selection and viewing Once you find a real estate agent and get a loan pre-approval letter, you can go look at properties. Communicating with the agent about the large demand for home purchases and screening suitable properties can save both parties time. If it is your first time to buy a house or invest in real estate in the United States, be sure to read more and compare more. After seeing many houses, you can "shop around" and choose the house that suits you best. When viewing a house, you should also listen to the professional advice of the agent and not blindly pursue your first impression of the house and the superficial features of the house. If you need to search for housing, you can use the "Meifangbang" WeChat applet. The agent will also help the buyer make a decision at this stage. Next, a Pre-Approval Letter (also called a loan pre-approval letter) will need to be issued to prove the buyer's credit limit and loan ability. The buyer can apply for it from the bank where the deposit is made, but in the end it does not need to be obtained from this bank. loan. This document is needed when the buyer makes an offer to the seller. If the Pre-Approval Letter from the bank is not obtained for the time being, it will not affect the subsequent house selection and viewing. Step 5: Negotiate price When you see a house you like, it’s natural to discuss the price. Before negotiating the price, please prepare the Pre-Approval letter in the third step of the process. You need to bring this letter to the seller when you make an offer. At the same time, you need to know more about the current market price of this house. This information includes: to check the sales prices of other houses in the same community in the recent period, you can ask your real estate agent to check this professional information; if your real estate broker is very experienced, he can provide you with the most correct price judgment. Ask your broker, "Is this price appropriate?"
But it must be noted that whether the price can be negotiated, it is completely It depends on many factors such as market conditions at the time, the time of purchase, and whether the seller is eager to sell. Step 6: Sign the housing transaction contract If the buyer and seller agree on the price, then they need to set a time to sign the housing transaction contract. The housing transaction contract is a formal document with legal effect. It is a formatted contract that is very complete and fully takes into account the interests of both the buyer and the seller. The contract contains a large amount of Information, such as the price of the house, how the buyer will pay, when the house will finally be transferred, and so on. When signing a house transaction contract, the buyer needs to pay two fees: 1) Earnest Money deposit for house purchase, which is generally about 3% of the house price, which is equivalent to the deposit for house purchase. This money will become your home purchase deposit during the final step of the transfer. part of the payment. Note that this money can be refunded within a certain period of time after signing the housing transaction contract, which depends on the specific time in the contract; 2) Option Fee: about a few hundred dollars, depending on the specific situation. Step 7: Home Inspection House inspection, also known as inspection, is a necessary procedure after the house transaction contract and before the house transfer procedure. You need to hire a third-party house inspection agency to check the quality of the house. The cost is about a few hundred yuan, depending on the size of the house. You can ask your real estate agent to recommend a reliable home inspector. If major problems are discovered during the house inspection, naturally you will not be able to purchase.
After completing the loan application, you need to deposit the balance of the down payment and various transaction document handling fees into Escrow before the transfer closing date. A week before signing the house contract, you need to contact different home insurance companies, such as Geico, State Farm, etc., to request a price list, compare prices, so as to finalize where to buy from and transfer the information before signing the house contract. Communicate to the loan company. Your real estate agent can also recommend good home insurance salespeople. Step 9 (last step): Sign the house transfer documents and pay the transfer fees The last step of buying a house is to go to the title company to sign the house transfer documents and pay the closing costs. 1 to 2 days before signing the transfer procedures, you will receive a transfer fee list (called HUD-1) from the loan company. This list clearly indicates that on the day of signing the house contract, you need to pay the cost. Transfer costs may include the following items: Loan Costs, also known as loan processing fees, which are related expenses incurred by the loan company to prepare for the loan; and Appraisal Fees, which are the fees the loan company hires to hire someone to appraise the house. The cost of conducting an appraisal; Flood certification fee, which is the loan company's fee to check whether the house is in a flood zone; Survey fee, which is the fee to determine the property line of the house. Title-related fees (Title Charges): That is, related service fees paid to the title company, and title insurance purchased for the loan company to avoid errors in previous title inspections; Government Registration and Tax Fees (Government Charges/Record Fees & Transfer Tax): The fees charged by the government vary greatly from state to state. You need to pay the above fees to the title company by bank check or bank transfer. After signing and paying the money, the property rights delivery procedure is completed. After completing the above nine steps, you can successfully get your keys and move in. Every aspect of buying a house It is necessary to take care of every detail. I wish you success in buying a house!
You can withdraw from the previously signed house contract, get back the house purchase deposit, and continue to choose and view houses. If there are minor problems during the house inspection, you can negotiate with the seller and ask the seller to repair it, or ask the seller to make some concessions on the price. Step 8: Determine Loans and Insurance If you are purchasing a house with a loan, you need to start submitting a loan application at this time. The lending bank will conduct a house appraisal to ensure that the house meets the market value and determine the loan amount. If the loan cannot be obtained for any reason during the period, it will be determined based on the contract signed between the buyer and the seller before, whether the contract can be canceled unconditionally and the full deposit returned. Usually, the contract will state that if the loan cannot be obtained, the buyer can unconditionally cancel the contract and get back the entire deposit. If there are no problems with the valuation and the loan is approved, the lending bank will send all the loan documents to the notary company (Escrow) for the buyer to sign. After signing, they will be sent back to the lending bank for review. Once confirmed, the loan will be released.
How important is the role of an agent when buying and selling real estate in the United States? It is no exaggeration to say that choosing an agent is even more important than choosing a house! Although the essence of an agent’s work is that of an intermediary, real estate agents in the United States are by no means the same as Domestic "housing agents" are by no means the kind of newcomers who have just graduated and have no experience in China, nor are they the kind of salespeople who work in real estate company stores and take customers to see houses on electric bicycles. In the United States, a real estate agent is not just a simple intermediary, but more like a professional manager with comprehensive knowledge of law, real estate, economics, and policy. The U.S. government only issues real estate broker licenses to those who meet the qualifications and professional ethics, and brokers must hold a license to work and have strict management and assessment systems. There are also many American brokers with master's and doctoral degrees, and many brokers have more than twenty or even thirty years of experience. This is an industry with extremely high professionalism. Buying and Selling a House: The Importance of a Real Estate Agent
Meticulous one-stop service
Brokers play a vital role in real estate transactions in the United States. American house buying and selling is a complicated process, even if you were born and raised in the United States and have rich experience It is difficult for customers to handle all the details on their own, but brokers can help customers Take care of all the trivial matters before, during and after the transaction. In terms of house selection, agents can rely on their own experience and professional skills to advise clients, especially overseas buyers who are unfamiliar with the local U.S. market. Agents can also optimize the location of the house and what nearby facilities are worthy of attention. The quality of the school district, whether the transportation is convenient, and the future appreciation space are clearly sorted out. Of course, customers can do this homework on their own, but it takes a lot of effort, and often the information is incomplete or the focus is biased. Brokers can provide customers with various suggestions from the macro to micro details, and it is easier for customers to be accurate. judge.
Brokers open the door to a new world for you
Agents excel at negotiating optimal prices for homes, leveraging their extensive real estate experience. Serving as "document experts" and offering support in tasks such as inspections and utility coordination, agents streamline the buying or selling process. Beyond these visible roles, agents provide invaluable insights into less apparent aspects. Specializing in specific areas, they possess localized knowledge about police presence, fire response times, road conditions, and the types of people frequenting different locations. This information, not easily accessible online, contributes to a comprehensive understanding of the neighborhood. Additionally, agents pay attention to critical factors like building structure, water and electricity layout, and potential risks, offering clients a more informed perspective often overlooked during the typical buying or selling focus on aesthetics.
For domestic buyers who are new to the market, the agent is a living encyclopedia and can efficiently provide help in all aspects. For those who have lived in the United States for a while, the agents’ unique vision, concepts, professional knowledge, and rich experience in the real estate market are also very beneficial. All in all, the importance of a broker has exceeded the real estate transaction itself but has reached the level of "opening the door to a new world" for clients.
Understanding U.S. Commercial Real Estate
The U.S. commercial real estate market is a powerhouse, boasting a staggering value of over $11 trillion, contributing more than 10% to the nation's GDP. This sector surpasses the U.S. stock market in scale while being half the size of residential real estate. Commercial real estate spans a spectrum of structures, from small establishments like restaurants and gas stations to more extensive facilities such as offices, schools, and hotels. Despite sharing similarities with residential real estate transactions, the key differentiator lies in the emphasis on managing risks and returns. Whether you're an immigrant in the U.S. or based in China, investing in U.S. commercial real estate presents an effective avenue for securing stable, long-term income. Critical factors, such as location, transportation accessibility, people flow, area purchasing power, urban planning impact, and comparative pricing, form the foundation of commercial real estate considerations. For those concentrating on retail-focused real estate, such as shopping malls and department stores, evaluating the current tenant situation, lease details, and rental income is paramount.
Benefits of Investing in U.S. Commercial Real Estate Ownership Assurance: U.S. commercial real estate offers permanent ownership, unlike countries with time-limited property rights. High-Income Potential: With a robust rent-to-sale ratio of 1/20, U.S. commercial real estate provides a lucrative income opportunity compared to the lower ratios seen domestically (1/50 or less). The average business return rate in the U.S. is 6- 8%, outperforming China's average rate of below 4.5%. The international market scope adds stability for long- term investors. Cost Responsibility: Landlords in commercial properties typically charge rent, with tenants handling taxes and maintenance. Longer leases (5-10 years or more) reduce tenant turnover hassle. investment Flexibility: Investing in U.S. commercial real estate offers flexibility. Explore loan options for property purchase, refinance for cash flow after buying, and collaborate with others for shared equity. Global investors, including Chinese nationals, are drawn to the stable income and business opportunities. Managing commercial real estate provides valuable operational experience and integration into American society.
House Sales Contract
In the U.S. real estate process, the buyer signs a home purchase contract, and the seller signs a home sales contract, known as the Listing Agreement. When the seller signs this contract with the real estate agent, the agent becomes the listing agent for the seller's house. The house sale is then handled by the agent, and the seller usually doesn't participate directly. We'll now explain key terms in the Listing Agreement and highlight important points. (This article refers to the latest version of C.A.R. Form RLA, Revised 12/18, updated in December 2018.)
EXCLUSIVE RIGHT TO SELL This is the "exclusive agency," the key focus of the entire contract. Among real estate agency methods, it's the most scientific, widespread, and least controversial. Almost all U.S. second-hand housing agents use this approach. COMPENSATION TO BROKER In this method, the seller and the real estate agency clearly define the commission in the written contract, usually a percentage of the final sales price, eliminating any pricing issues. ITEMS EXCLUDED AND INCLUDED Commission specifics, ranging from 5% to 7%, are mutually agreed upon due to U.S. antitrust laws. The contract outlines what parts are sold to the buyer, typically the house and directly connected construction parts, unless stated otherwise. The seller's personal items, like furniture, are usually excluded unless specified. MULTIPLE LISTING SERVICE Confirm with the agent about uploading listing information to the MLS system. Using the MLS system often speeds up the house-selling process, but not all information needs to be uploaded.
BROKER‘S AND SELLER‘S DUTIES This section delineates the roles of both the broker and the seller. AGENCY RELATIONSHIPS It outlines the relationship between the broker and the seller, including instances where the same broker is hired by both the buyer and seller. SECURITY, INSURANCE, SHOWINGS, AUDIO AND VIDEO The section clarifies that if property damage occurs during a buyer's viewing post-listing, the agent is not liable, but the seller can opt for insurance. The seller also consents to the agent capturing photos or videos of the home with potential buyers. PHOTOGRAPHS AND INTERNET ADVERTISING For marketing, the agent will capture visuals of the house for online promotion, with the seller having the option to agree. KEYSAFE/LOCKBOX The use of key boxes or combination locks is also addressed.
The contract includes clauses addressing issues like non-discrimination based on the buyer's race, additional items, and dispute resolution methods. While not the primary focus, it's crucial for everyone to thoroughly read and understand these clauses before signing the contract. The final section of the contract involves filling in accurate information and providing signatures.
House Purchase Contract
Paragraph 6: Additional Documents and Consultation Lets the buyer list extra conditions not in the standard contract, providing space for additional preferences or requirements using a multiple- choice form. Paragraph 7: Other Conditions Buyer can add extra conditions not in the standard contract in written form. Paragraph 8: Handling Fees Allocation Specifies who, buyer or seller, will cover certain closing costs. This includes costs related to environmental conditions, reporting fees, title insurance premiums, agency fees, land value taxes, or other government fees. Paragraph 9: Included and Excluded Items Lists accessories included with the house purchase. Details of what is part of the sale, such as carpets, water pipes, and heating systems. Items not typically included, like wall art or furniture, should be confirmed here. Paragraph 10: Construction Safety and Materials Covers the seller's disclosure to the buyer regarding potential hazards or dangerous materials in the house. It includes information on paint materials, disasters, and the buyer's right to cancel the contract. Paragraph 11: Handover Inspection Advises buyers to thoroughly inspect the property's current condition. Despite legal regulations, buyers are encouraged to request the seller's disclosure of any property defects.
Signing a house purchase contract is a crucial step in buying a home. This written agreement, signed and committed to, protects the interests of both the buyer and the seller. However, understanding the contract can be tricky for regular folks due to its use of professional and legal terms. Today, I'll break down the California home purchase contract for you, covering all the details! The latest version, updated in December 2018 (C.A.R. Form RPA-CA, Revised 12/18), is what we'll be discussing. Paragraph 1: Brokerage Firm This part outlines the deal between the buyer and the brokerage company. If you need more details, just ask. Paragraph 2: Broker Confirmation of both the buyer's and seller's brokers and their companies. It checks whether the brokers represent one party or both. Paragraph 3: Bid This section is like a summary, capturing essential details. It includes the buyer's name, the exact address of the property, the offered price, and when the buyer wants to "hand over the house."
Paragraph 4: Payment Details of how the buyer will pay, including
specifying the method for the "INITIAL DEPOSIT" and involving an "Escrow Holder" as a neutral third party to safeguard the deposit. Here, the buyer can note the need for a loan or the use of existing funds for the purchase. Paragraph 5: Sale of Buyer’s Own Home This applies when the buyer must sell their current home before buying this one.
Paragraph 12: Buyer's Home Inspection Details the buyer's right to inspect the home within a specific period (BUYER'S INVESTIGATION OF PROPERTY AND MATTERS AFFECTING PROPERTY). The buyer can personally inspect or hire a professional home inspector. Paragraph 13: Property Rights Seller provides a title report, and the buyer accepts it. Paragraph 14: Time Limits and Cancellation Rights The buyer has a 17-day period to inspect the home and review documents. After this, the buyer can request repairs, but the seller isn't obliged to make them. If no agreement is reached, the buyer can cancel the contract and receive the deposit. If the buyer doesn't cancel or fulfill obligations within 17 days, the seller can cancel, providing a 24-hour notice. Paragraph 15: Repair Specifies that if the seller agrees to repairs, they must be completed before handing over the house. The buyer can inspect repairs before finalizing the sale. Paragraph 16: Tax Issues Covers the agreement on property tax and other expenses proration between the buyer and seller if the transaction completes before the payment deadline. Payments follow the agreed rate if conditions are met.
Paragraph 17: Contracting or Agent Relates to paragraphs 31 and 32, explaining additional steps required if the contract signatory isn't an individual. Paragraph 18: Instructions from Third- Party Trust Companies Explains that the third-party trust company, mentioned in paragraph 3, pays the broker after completing the payment transaction. Paragraph 19: Buyer’s Remedies Details remedies if the buyer breaches the contract. If the buyer cancels without sufficient reason, the seller can seek compensation, typically limited to the deposit. Paragraph 20: Resolving Differences Agreement for mediation in case of disputes or claims between the buyer and seller. Both agree to avoid court and resolve issues through an arbitrator, who decides on disputes and financial matters. The buyer also commits to using arbitration for disputes with the broker during the transaction.
Paragraph 21: Options for Other Expert Services Buyers and sellers have the liberty to choose their service providers, despite the broker's recommendations for home inspections or other professionals. Paragraph 22: Changes to the Entire Contract Must Be Made in Writing Emphasizes that any modifications to the contract must be in writing, safeguarding both parties' interests. Verbal promises during negotiations aren't legally protected unless documented in writing. Paragraph 23: Additional Documents Allows the buyer to include extra conditions and documents not covered in the contract. Paragraph 24: Definition Defines terms listed in the contract for clarity. Paragraph 25: Broker Informs buyers about their agent's potential dealings with other buyers and whether their agent represents the seller as well. Alerts the seller that the seller's agent may also be involved in selling properties directly or indirectly through affiliated agents. Paragraph 26: Instructions Given by the Buyer and Seller to the Third-Party Trust Company Instructs the escrow company and informs both parties about additional document signing requirements. Directs the third-party trust company to pay the broker upon completing the sale. Paragraph 27: Commission Paid by Buyer to Broker States that the buyer is only obligated to pay a commission if specified in another written document.
Paragraph 28: Terms and Conditions of the Bid Informs the seller that a buyer is preparing to submit an offer on the home. Paragraph 29: Validity Period of Bid Specifies the person authorized to receive the seller's acceptance of the contract on behalf of the buyer. This person lacks the authority to accept or sign changes to the contract without specific authorization. Paragraph 30: Fees Paid by the Seller to the Broker Details any fees the seller agrees to pay the real estate agent. Paragraph 31: Accept Bid Allows the seller to accept the buyer's offer or counter-offer, where the seller may propose changes to certain buyer requirements while agreeing to others. Explains the conditions for legal effect and the signing process. Paragraph 32: Final Verification of the Current Condition of the House Upon Handover Gives the buyer a final chance to inspect the house before the handover, ensuring that agreed improvements have been completed. Paragraph 33: House Delivery Describes the delivery status of the house the buyer wishes to purchase. Specifies the time for existing residents to vacate, allowing both buyer and seller to confirm the key handover time.
Note: Contract terms may vary, so refer to the actual document for specific details.
The Admission Processes and Considerations in the United States for Public and Private Schools
Securing a great education for your kids matters. In the U.S., we've got excellent public and private schools. Wondering how to get in? Let's talk about enrolling in elementary and high schools.
Visiting private schools in the U.S. differs from China. Applications or appointments are necessary, and multiple schools can be applied to. During this period, families can learn more about each school's situation and schedule a visit. Testing usually includes achievement, IQ, and EQ tests, along with interviews. A child's performance during the interview becomes a reference for admission. Private schools may dissuade or expel a child if academic or behavioral standards are not met. The teacher-student ratio is around one to seven, not exceeding one to ten. Are Private Schools Better Than Public Schools? While private schools are often seen as elite, the truth is that the educational level of some prestigious public schools in the U.S. is world- leading. Public schools can provide comprehensive education. Private schools offer more autonomy, smaller classes, and tailored education. The choice between private and public schools depends on individual needs and family values, with family education playing a crucial role.
Public vs. Private Schools: A Quick Guide Public schools are government-funded, free, and district-based. Housing prices vary based on school districts. Private schools are independent, tuition-based, often elite, and may have religious affiliations. They emphasize quality over facilities. Admission Procedures: Public Schools : Compulsory education within the district. Simple registration, no tuition, and usually no tests or interviews. Private Schools: Complex admission with interviews or tests. Applications may start a year in advance and consider academic and extracurricular factors. Public schools have no elimination system. Children with learning difficulties may go to special education centers, and then return. Teacher- student ratio: one to fifteen or more. Private School Admissions in the United States: What to Expect For private schools, the typical admission process involves scheduling a visit, submitting an application, undergoing testing and interviews, and receiving results. This process takes about a year, and parents should prepare in advance.
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Fion Yau 邱 愷 妍 CalDRE# 02068402 415.939.8927 fion@fionrealty.com 微 信 : HU-2222hu www.fionrealtysf.com
Northern California Bay Area Real Estate Expert Fion Take you to explore the entire Bay Area Achieve your American dream, serving the entire Bay Area, specializing in buying, selling, and investing in real estate. Understanding market dynamics, assisting first-time homebuyers or overseas individuals in investing in real estate in the United States.
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Northern California Bay Area real estate expert Fion Taking you to explore the entire Bay Area Fion Yau 邱 愷 妍 CalDRE# 02068402 415.939.8927 fion@fionrealty.com 微 信 : HU-2222hu www.fionrealtysf.com
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