Updated about 5 years ago on . Most recent reply

Closed on Condo as Primary Residence But Moved Out Of State
Hello,
I Recently closed on a condo in Chicago but also moved to out of state to Indiana for college. I want to rent out the condo but I secured financing as primary residence and First Time Home Buyer. I want to rent out the condo but I have not lived in it. What are my options?
Most Popular Reply

Review your loan documents to ascertain exactly what it is you promised to do. That said, people's lives take unexpected turns. In a legal case, intent (absent a confession) can only be inferred from conduct and written and oral representations.