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Mississippi | What do I need to know when buying property in Mississippi? | Expat Exchange
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What do I need to know when buying property in Mississippi?

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When we asked expats what advice they would give a foreigner before buying a property in Mississippi, they said...

"1. Research the local market and consult a real estate agent to make sure you receive the best property deal that meets your needs. 2. Make sure you have all of the necessary documents such as title searches, deeds, and mortgage documents. 3. Understand the differences among Mississippi’s two property tax systems: ad valorem and special assess taxes. 4. Familiarize yourself with the process of obtaining a loan in the state, as well as the different home loan programs offered. 5. Review and understand all the paperwork before signing any contracts. 6. Review and understand the local laws and regulations in your area. 7. Familiarize yourself with the homeowner’s rights and responsibilities in Mississippi. 8. Register your home with the local municipality and pay any applicable transfer taxes. 9. Have the property inspected before purchasing to ensure there are no structural defects or other problems. 10. Consider relevant homeowners insurance policies to protect your property in Mississippi," remarked another expat who made the move to Mississippi.

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What do I need to know when buying property in Mississippi?

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