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Buying a house

Buying a house

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Old Jul 19th 2003, 8:49 am
  #1  
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Default Buying a house

Has anyone on here ever bought a house in advance of moving from the UK to the US?

Prices in the part of the US that we are looking at seemed to have bottomed out and it's a buyers maket, but we don't want to move until next year.

I though about buying a place and renting it out until we are ready.

Any problems with that?

Alex.
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Old Jul 19th 2003, 9:50 pm
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Default Re: Buying a house

Originally posted by g1ant
Has anyone on here ever bought a house in advance of moving from the UK to the US?

Prices in the part of the US that we are looking at seemed to have bottomed out and it's a buyers maket, but we don't want to move until next year.

I though about buying a place and renting it out until we are ready.

Any problems with that?

Alex.
Some places have rental restriction..but nothing is impossible..where were thinking of buying?
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Old Jul 19th 2003, 11:40 pm
  #3  
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Default Re: Buying a house

Originally posted by ray6
Some places have rental restriction..but nothing is impossible..where were thinking of buying?
Georgetown, Texas. No restriction on renting.

A.
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Old Jul 20th 2003, 3:24 am
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Default Re: Buying a house

Originally posted by g1ant
Georgetown, Texas. No restriction on renting.

A.
Oh!! just around the corner from us.a mere 1100 miles...
No problem then if your paying cash.. get yourself a buyers agent to close on the sale in your absence.. and then get a property management company to rent it out..assuming there is a demand for rented property in the area.
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Old Jul 23rd 2003, 12:48 pm
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We bought a house in NC in December, Love it, got great value for money, only problem is can't get a job at the moment, so it's just a holiday home. No restrictions on renting, and we paid cash, so saved a great deal on fees etc.
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