Do cash purchases eliminate the rule of owner occupants when purchasing via auction?

[Tom K.]

Hello,

if one sees a property on auction that is considered owner occupant only. Can they bypass this requirement if paying in cash?

[Chris Martin]

Quote from @Tom K.:

Hello,

if one sees a property on auction that is considered owner occupant only. Can they bypass this requirement if paying in cash?

The short answer is 'no.' If you are buying from HUD, you will be contractually obligated to occupy the home for 12 months. These policies have been in place for decades. Here are some details, from a non-HUD site and from HUD. 

Government property sales, for the moment at least, distinguish between OO (Owner Occupant) and NOO (NON-Owner Occupant). President Musk may change this at any time.