How does the FHA know when you've moved in to your new home? Do they send people to spy on you?
I'm hoping someone might be able to tell me how the FHA verifies if you've moved in to your new home (purchased with an FHA loan) within the required 30 days after closing. Do they send people to spy on you? I know that sounds pretty silly, but I'm wondering--do they? Or do they just check to see if you've forwarded your mail to the new address and changed your address on all your credit cards?
I ask because I want very much to purchase a house in the county next to mine before the government's new home tax credit expires (assuming that they don't renew it for next year). However, I have a good job that I don't want to leave yet (especially not in this economy) and there is no way I'm going to do a two and a half hour commute each way from the
location of my new house to my current job.
The house I want to buy is really just a cottage and the mortgage payments would be so cheap I could pay them and rent on my current apartment with no problems, until I'm ready to move to my cottage--preferably some time between March and July of next year. And of course, I would drive up every weekend to check on the house, get my mail and do landscaping, which would be no trouble because the drive is only an hour when you're not in rush-hour weekday traffic.
I'm a very law-abiding person, though, and I'm just wondering--would I get in trouble for doing this? I fully intend to live in the cottage as my primary residence, I just don't want to move in for another six months. If they found out that I'd moved half my things there but wasn't actually sleeping there every night, would I get in big trouble?
Any help you might would be much appreciated. Thank you!