A letter certifying it can be wired and available in US funds into a US based bank that has foreign origin. 

Also, based on location and size, I'm assuming the purchase is well under the $1.5mm threshold for FinCen, so the SCorp members wouldn't have to reveal themselves, although I doubt they're trying to hide their identity like some foreign billionaire or something.

Secondly, I think the tax you are referring to is what we call FIRPTA (Foreign Investment in Real Property Tax Act). 

As I recall, the China 25 are the 25 largest traded Chinese stocks that are allowed foreign investment (in this case, us).Simply put, you would buy FXI if you think the market is going up, FXP if you think down.FXI is the long play, FXP is an Ultra Short, which is to say it tries to double down on the index.

Our economy since the 70's has consisted of a large garage sale where we sell our country to foreigners.

I'll assume you meant "foreign" currency.

What are the pitfalls, etc I need to be aware of as an attorney in closing a purchase by a foreign party??...

Kumbaya foreign policy sure worked for Carter.No wait, I know.

My kickboxing instructor is delicious, and now you can't keep me out of the gym.

I need a help I found a house I want to buy its a legal single but set up like a two family...my first question is how hard is it to make it into a two family...Second they want me to take out a rehab loan on the property its bank owned is this good...I am a newbie and this is all foreign to me...thank you vjb