What happens to the property you buy in US when you visa period gets over and u dont get GC?

Question

Iam on H1 visa and have applied for GC from past 3 years .I have never been late on paying my bills have excellent credit scores, paid my mortage on time always.What happens to my house if I dont get GC and leave to my country?.Will the goverment take back my house ?.Will i be allowed to stay here to sell the property?.

Answer 1

Put it up for sale before the visa runs out , or rent it out .I don't think they can take it if you pay the payments ,and it would give you another reason to visit the country . (if you were deported )
It sounds to me like you live by the rules , so maybe your green card will be granted.

Answer 2

The property will still be yours.
I think if your green card is not granted you could sign a power of attorney for a good friend who would be allowed to sell your property and send you the money.


"What's a Power of Attorney?

A Power of Attorney is a legal instrument that is used to delegate legal authority to another. The person who signs(executes)a Power of Attorney is called the Principal. The power of Attorney gives legal authority to another person(called an Agent or Attorney-in-Fact) to make property, financial and other legal decisions for the Principal.

A Principal can give an Agent broad legal authority, or very limited authority. The Power of Attorney is frequently used to help in the event of a Principal's illness or disability, or in legal transactions where the principal cannot be present to sign necessary legal documents."

Answer 3

Since being a legal citizen is not needed in order to own property in the U.S.A., you will still have the property as long as you pay the taxes and mortgage payments. Unless you have plans to come back to the states I wouldn't worry too much about credit scores.

Answer 4

No... you still will own the property...