What rules and regulations does the US have for foreign (Australian) company purchase of residential properties?

Asked by Interest, Newton Center, MA Thu Jun 9, 2011

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Scott Beard, Agent, Newton, MA
Sat Jun 11, 2011
Hi, I am not aware of any restrictions. I do know that if a business is buying a residence that it can only qualify for a commercial loan and not a residential mortgage.

If a foreign individual is buying a proprty they have to provide the appropriate visa.

If you have any other questions or would like to look at a particular property please give me a call or email. Cell is 603-930-7777 or email Scott.beard@virtualhomes.com
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