I have relative who is not a us citizen and lives overseas and wants to buy a house here to rend it out. How?

Asked by Zhongli, Littleton, CO Tue Jan 27, 2009

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This question is about this property: http://www.trulia.com/homes/Colorado/Littleton/sold/205087-1…

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3
Chuck Strau…, Agent, Denver, CO
Wed Jan 28, 2009
Foreign nationals can purchase homes. The property you asked about, 10525 W. Montgomery Avenue in Littleton, appears to be under contract (as of 12/16/08). I didn't do a search of the area, but there are probably additional homes that might fit your relative's needs.
Hope this helps and good luck.

Chuck Strauss
Keller Williams DTC
720-318-7598
CStrauss@kw.com
0 votes
Joetta Fort, , Arvada, CO
Wed Jan 28, 2009
Foreign nationals can buy property here, happens all the time! Here's how - via the internet! (I too have a website they could use, so they don't have to input all the search parameters repeatedly. It's actually their own password-protected web page.) They need an agent who will preview properties for them (one of the services I routinely offer, which is especially helpful to buyers who don't live here. I go see any house they're interested in, take notes and photos, get any of their questions answered, and basically do the legwork they can't do since they're not here.) I love communicating online and have worked with several out of town buyers. Would you be assisting them? Would it help to have an agent who speaks some language besides English?
0 votes
John Keene, Agent, Denver, CO
Tue Jan 27, 2009
Zhongli,

Foreign nationals can purchase property in the US. In fact, there are even "foreign national" loan programs available:

http://www.choicefinance.net/foreign_national_mortgage.htm

Have your relative visit my website, where he can search the MLS. I would welcome the opportunity to work with you and your family, as investing in the current real estate market presents many great opportunities.

John Keene
Keller Williams
303-547-7578
0 votes
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