Buying with cash- Owner occupy clause

[Joseph Whelan]

Hi everyone, I'm considering buying a foreclosure home in cash but there is a one year owner occupy clause.  I do plan on living there as I fix it up but I highly doubt I will be there longer than a year.  I could see this being a huge issue if I were using a lenders money but in my case I will hold the title free and clear.  Am I taking a huge (legal) risk by potentially selling the home before the one year? I haven't been able to find any information on this topic when the home is bought with cash.  I hope you all can offer some help. 

Thanks!