Home Buying in 75035>Question Details

Shelley_wang…, Real Estate Pro in Plano, TX

Can foreigner buy HUD House?

Asked by Shelley_wang78, Plano, TX Wed Dec 19, 2012

I am here with a visting visa, and want to buy a HUD house here. I plan to live in for few months with my daughter. After I left the US, can my daughter keep stay in there with her family? Can I buy it as owner occupanty?

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Answers

6
Generally speaking foriegn national can buy re in the US on cash or international financing. However, check on HUD website to make sure HUD is OK with it.
0 votes Thank Flag Link Mon Feb 17, 2014
Are ;you interested in purchasing the home as an investment property or do you wan to help your daughter buy her first home? Call me and let's talk about your plans.

Kathy Hines/Broker
Keller Williams Dallas Preston
972-632-6530
0 votes Thank Flag Link Thu Dec 27, 2012
I believe you must be a U.S. Citizen, have cash or have a work visa.
0 votes Thank Flag Link Wed Dec 19, 2012
Shelley - ni hao,

I agree with Brent below that you need to contact HUD. You can try calling them at (800) CALL-FHA (5342). Is your daughter a permanent resident here? Are you buying with cash?

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
English-Indonesian-Hokkien
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net

http://www.dfwdreamhomes.net

Servicing your real estate need is my priority!
0 votes Thank Flag Link Wed Dec 19, 2012
Shelley,

I recommend that you speak with someone at HUD directly. You can use this link:

http://portal.hud.gov/hudportal/HUD?src=/topics/buying_a_home

Brent Rice, Trulia Top Recommended Broker (Pro & VIP)
The Rice Group, Inc.
Website: http://www.ricegroupinc.com
214-808-3100
Brent@RiceGroupInc.com
0 votes Thank Flag Link Wed Dec 19, 2012
You must live in the house for 3 years to qualify as owner occupied.
0 votes Thank Flag Link Wed Dec 19, 2012
I am plan to come to US every year and living for few months. Is that ok to qualify as owner occupied? Thanks so much for your answer.
Flag Wed Dec 19, 2012
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