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Updated almost 4 years ago on . Most recent reply

User Stats

43
Posts
7
Votes
Derek Persuit
  • Investor
  • Fort Worth, TX
7
Votes |
43
Posts

HUD lease back to previous owner! Lawyers wanted!

Derek Persuit
  • Investor
  • Fort Worth, TX
Posted

This is a queation whether the following scenario that I find myself in will be legal to pursue.

State: Pennsylvania

A friend of my grandmother has her house going on sheriffs sale because she has not paid taxes on her house. The sale will commence next month and she will have nowhere to go and surely will need to be housed by the local housing authority. She wont be able to sell in that time because the market is cold in the area and the house is out dated.

If I were to make the purchase at the sheriff sale and she qualified for housing assistance and I was able to get the house qualified for HUD, then could I rent the house back to her?

I have never met the woman. This is the house she grew up in and lived for 8 decades. Its the best way I can see myself helping her out.

Please let me know what youre thinking. I obviously do not know much about HUD or how the tenant process works.

All are welcome to comment.

Most Popular Reply

Account Closed
  • Investor
  • Princeton, TX
1,080
Votes |
1,900
Posts
Account Closed
  • Investor
  • Princeton, TX
Replied

@Derek Persuit   You should contact the housing authority where the house in located.  Most places have a long waiting list to get into section 8.  You might be able to get her to be considered homeless which would allow her to go to the top of the list.  That does not mean they will automatically have a section 8 voucher available.

If there are no other liens, you should consider acting before the auction.

If you are trying to help her check out this information 

https://www.pabar.org/pdf/guidelegalservicessc.pdf

Look at the property tax rebate section.  There is a number included.  I do not understand enough about PA taxes but that property tax might have been suppose to have been rebated.

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