BUYING PROPERTY IN THE US?

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Jul 9th 2007, 11:57 am

pickledpossum

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BUYING PROPERTY IN THE US?

Hi, can anybody tell me if there are any restrictions on buying property on a H1B visa?

Thanks,

PP

Jul 9th 2007, 12:00 pm

TouristTrap

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Re: BUYING PROPERTY IN THE US?

No.

Jul 9th 2007, 12:25 pm

USBound

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Re: BUYING PROPERTY IN THE US?

I think he meant...

no there are no restrictions...

Jul 9th 2007, 1:51 pm

Jerseygirl

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Re: BUYING PROPERTY IN THE US?

Quote:

Originally Posted by USBound

I think he meant...

no there are no restrictions...

I think you mean 'I think she meant...

no there are no restrictions..'

Jul 9th 2007, 1:53 pm

TRPardoe

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Re: BUYING PROPERTY IN THE US?

Quote:

Originally Posted by pickledpossum

Hi, can anybody tell me if there are any restrictions on buying property on a H1B visa?

Thanks,

PP

The visa has nothing to do with it.

Your credit score is the only thing that probably matters.

Jul 9th 2007, 4:53 pm

Bob

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Re: BUYING PROPERTY IN THE US?

Quote:

Originally Posted by TRPardoe

Your credit score is the only thing that probably matters.

but that's only regarding how much your going to get screwed, not if your allowed to buy or not

Jul 9th 2007, 10:35 pm

pickledpossum

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Re: BUYING PROPERTY IN THE US?

Thanks all, have been renting in Oz for the last 2 1/2 years and we really need to get back on the property ladder!!

PP

Jul 9th 2007, 10:43 pm

Sally

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Re: BUYING PROPERTY IN THE US?

We did it on H1b but had a tough time findiing someone who would accept our UK credit rating. THe concept of us not having one here just would not seem to register, no matter how slowly and how many times it was repeated "Weeee arrrrrre frrrrrrrrrom anotherrrrrrrrrrrrr countreeeeeeeee"
"Fine - no problem -let's feed it all into the computer. Oh. There seems to be a problem. Itis not accepting you because of the credit rating :curse::curse::curse:

Jul 10th 2007, 12:01 am

RaiseTheDead

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Re: BUYING PROPERTY IN THE US?

There are no restrictions..I just bought 19,000 acres near Fairplay Colorado with virtually no questions asked..One thing about these bloody Yanks- They'll take anybodies money.

Jul 10th 2007, 12:04 am

#10

AmerLisa

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Re: BUYING PROPERTY IN THE US?

Quote:

Originally Posted by RaiseTheDead

There are no restrictions..I just bought 19,000 acres near Fairplay Colorado with virtually no questions asked..One thing about these bloody Yanks- They'll take anybodies money.

Unless you mint it yourself, what's the problem?

Jul 10th 2007, 12:08 am

#11

RaiseTheDead

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Re: BUYING PROPERTY IN THE US?

Quote:

Originally Posted by AmerLisa

Unless you mint it yourself, what's the problem?

touché!

Jul 10th 2007, 1:27 am

#12

jumping doris

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Re: BUYING PROPERTY IN THE US?

Quote:

Originally Posted by pickledpossum

Hi, can anybody tell me if there are any restrictions on buying property on a H1B visa?

Thanks,

PP

No. We had it all sorted out before we left the UK.
Our relocation company gave us contacts at various places and I chose the one who had some understanding of mortgages/ house buying in the UK.

Jul 10th 2007, 3:18 am

#13

Sally

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Re: BUYING PROPERTY IN THE US?

Quote:

Originally Posted by RaiseTheDead

There are no restrictions..I just bought 19,000 acres near Fairplay Colorado with virtually no questions asked..One thing about these bloody Yanks- They'll take anybodies money.

I have been usurped as the Anti-American

Jul 10th 2007, 3:29 am

#14

TRPardoe

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Re: BUYING PROPERTY IN THE US?

Quote:

Originally Posted by RaiseTheDead

There are no restrictions..I just bought 19,000 acres near Fairplay Colorado with virtually no questions asked..One thing about these bloody Yanks- They'll take anybodies money.

I see that somebody is asking $4,000,000 for 4,000 acres there.

Is land there really worth $1,000 an acre and did you really pay $19,000,000 for it ??

Last edited by TRPardoe; Jul 10th 2007 at 3:38 am.