Updated over 8 years ago on . Most recent reply
HUD home as primary residence
I'm looking at the property that is currently listed with HUD and available to owners occupied only (it just came in a market). The agent that send me the listing I used to buy a primary residence 6 months ago (paid cash) and the house is currently under construction (it's not unoccupied). Since, I didn't buy the first house with a loan from the bank can I purchase this one as my prime residence if I either pay cash or get a conventional loan?