My house has been up for sale about 6 months and we finally got our first offer, but the buyer is using an FHA loan. I'm very nervous that our house isn't going to pass the inspection because the house is over 100 years old. We have had an inspection done already when we put it on the market and it wasn't bad, but I'm wondering if an FHA inspector will be more critical?
There is brand new central heat and air in the house, but there are no vents going to the upstairs except to the bathroom, so there are 3 bedrooms that don't have heating vents (but the upstairs does tend to stay pretty warm). There are also two more bedrooms on the main floor. The windows are old wood framed windows, they all open, but are still old and drafty. The basement foundation is OK and the inspector said in his report that there was "evidence of water damage and slight bowing of the wall, but it looks like they are old problems that have all been corrected."
Any information or personal experience with FHA loans would be much appreciated!
Read more: Will my house be declined for an FHA loan?
