Financing in 48084>Question Details

Bob S, Home Buyer in Michigan

Can a Canadian citizen buy a home in Michigan?

Asked by Bob S, Michigan Wed Jan 25, 2012

My parents considering buying a home, and for me to rent from them. Are they able to qualify for a mortgage as Canadian Citizens/Residents?

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of course. choose a local realtor in that area , they will able to help you. make sure you know the market very well to make the right decisions
0 votes Thank Flag Link Wed Mar 7, 2012
Bob,

We have two canadian investors in year 2011 who purchased turn key properties in nicer suburbs of michigan (Macomb county)..both are north of I-696.

We can help..
Ron@thebestmihomes.com
http://www.AffordableMIHomes.com
http://www.youtube.com/TBMHomes
0 votes Thank Flag Link Thu Jan 26, 2012
Yes they can. I can put you in touch with a local MORTGAGE BROKER who can help you. Thanks Steve. Meanwhile, you can access my web site below to find any home in Michigan.
Web Reference: http://www.michiganhome.net
0 votes Thank Flag Link Wed Jan 25, 2012
Bob,

Good Afternoon!! A Canadian citizen can definitely buy a home in Michigan. I just closed on one. However, it was a cash sale. The best advice I can give you is to talk to an area mortgage lender. There is no charge to ask the question. If you need the referral of one I would be happy to help.

Good Luck,

Karen Paytas, GRI, CMS
Realtor
Real Living Kee Realty
586-709-8465
kpaytas@mirealsource.com
0 votes Thank Flag Link Wed Jan 25, 2012
Hello again,

More information is needed to give you a thorough explanation. But the basic answer is, if your parent's DO NOT have US Social Security numbers, then you will not be able to obtain financing here in the states.

But I do know that there are certain networks of people (in Florida) that specialize in foreign buyers since a lot of foreigners do buy homes there. Of course you can always obtain private funding or do a Land Contract if you think you can pay off the note in a few years some how.

There are ways to do it if you get creative. Where are you looking to buy?

Thanks again,

HAIG
Elias Realty
(248) 379-6547
realtorhaig@aol.com
0 votes Thank Flag Link Wed Jan 25, 2012
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