Don't forget about emergency repairs that may be needed when you're skiing down the slopes or 15 miles out off shore fishing. :)

{Saying that, I'm sure there is someone who may have created a convoluted structure with an offshore holding company that may avoid {evade} one of the two taxes ... for now.

So you rush to get all that info to them and then hear nothing but a long silence afterwards.Also, we have had many problems with the banks' title agencies who more often than not are in a completely different state and the contact person was off shore could barely speak english and hadn't a clue how to close.Unless the price is "bank approved" I wouldn't low ball it very much unless there are some serious major repairs necessary.

Being stuck with a house in a town that is dying because some factory has moved offshore?

And I am adamantly sure, in regard to that.However, I did decide that without much capital and a conventional work schedule (I work offshore), my options are initially limited. 

But the locals know the values and if the markets were devoid of outside influence's  IE CA or off shore investors the values would reach a true fair market value ( much lower than it is being offered to CA investors)..

@Marc Henderson   This is what I do half my investors are off shore..

I had one of my Off shore investors in from Asia.. there is no social support there..

Theyhave been pumping so much money into the economy to prop itup, its time to slow the expansion down before all that cash comesback on shore and haunts us in the form of outrageous inflation.Of course I believe the whole idea behind NAFTA, GATT, CAFTAFTAA, massive trade deficits, and this foreign outsourcing is to keepall that cash offshore so as not to tank our economy A revealing discussion on the expansion and contraction of the monetary system can be found in a publication called “Modern Money Mechanics” put out by the Federal Reserve Bank of Chicago.

A great deal more would need to be shared in order to give you advice.There are equity based lenders that will entertain offshore funding projects; expect the need for the borrower to come in with 25-30% to seal the deal.Regards,Scott Miller