Can I also take a loan, is it better to wait for my green card?
2007-03-11 08:47:53 · 4 answers · asked by Tim George 1 in Business & Finance ➔ Renting & Real Estate
You can buy property in american if you're not a citizen, but you need some way to pay tax. 2 options, have a social security number, if you don't have that you need an ITIN number.
http://www.irs.gov/individuals/article/0,,id=96287,00.html
2007-03-11 11:17:41 · answer #1 · answered by Anonymous · 1⤊ 0⤋
yes you can buy now. WAMU and Greenpoint offer these loans. you have to have a hefty down payment but you can buy.
the market in most areas in the US are dropping now, so don't buy anything until it has settled a little. this market isn't going to jump back after the long drop we are experiencing. You have time to get a green card or just wait till the market stops dropping.
2007-03-11 10:48:09 · answer #2 · answered by Patrick G 4 · 1⤊ 0⤋
Sure, you don't need to be a citizen to purchase. To get a loan you still need a good credit score and 25% down payment (unless you have full-time verifiable U.S. income).
2007-03-11 08:54:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Honestly, If you are not a citizen, dont buy our property and make OUR money, get your cards, and pay taxes like all the rest of us. I do not mean to be rude and unkind, but If your gonna come to OUR country, speak the language, pay the taxes, and do it the right way.
2007-03-11 08:53:36 · answer #4 · answered by kimmy3 3 · 0⤊ 2⤋