Buying House Question

empirefg profile photo

I do not know a lot about buying house in US.
Please help me out. I don't know whether to ask a Lawyer or a Realtor
My question is: If a person is US citizen,. He invites his MOM (from asia) to visit him for a couple of month (she does not intend to stay for Good) The question is: CAN SHE BUY HOUSE IN USA, and what are the consitions
thank you

Comments(2)

  • linlin23rd November, 2004

    yes. If cash purchase - whatever is agreed on. If loan based - whatever lender asks

    If cash transaction over $10,000 sher will have to fill out LOTS of paperwork to show the money trail

  • empirefg24th November, 2004

    Let say the house is 400,000, what is the MAX down payment she need in order to purchase, and remember that she is not living in US , but just visiting
    thank you

Add Comment

Login To Comment