Saturday, November 24, 2018

For sale would fail inspection = no mortgage?

Property was not offered for sale "as is."
The seller was convinced it would not pass inspection by a contractor who obviously wanted a job doing the repairs.

They said no bank would give a loan on a house that failed inspection.
Can't the buyer who wants the home as is, get the repairs done at their cost and then able to get a mortgage?

Read more: https://allmortgage.net/forum/for-sale-would-fail-inspection-no-mortgage.html