How can a foreigner buy a house in America?
by Author on Saturday, July 31st, 2010 | 4 Comments
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You need to get a local real estate agent to help you find a house and a lender. Make sure she is familiar with the area. There are no stipulations for foreigners that is any different than any one else in the USA. That is the beauty of a free society… however, soon it will all belong to other countries!
An all cash sale would work.
Other than that the "foreigner" would have to qualify with a lending institution the same way a citizen would. By proving a source of income sufficient to pay the mortgage and a good credit history.
Any licensed Realtor would be thrilled to help you.
THere are no stipulations. Bring your money and start buying some houses.
China does it all the time…USA is mostly owned by foreigners. Haven’t you heard?