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Old 05-06-2013, 11:47 AM
 
3 posts, read 2,838 times
Reputation: 11
Default USDA Home Loan and Repairs

I am a buyer that I have a found a home that is USDA approved by PNC Bank. The house is going to be my primary residence and I really want the house because it is within my price range and the layout I want.

The house has a hole open above the bathroom up to the board under the shingles with no insulation exposed The roof has water damange enough that it needs to be replaced soon, and a window is busted on the back of the house.

As a buyer, what are the chances of me getting this house through a USDA Loan? I do not know about the inspeciton or appraisal processes. The house is forclosed.

I was hoping to buy the house and do the repairs myself.
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Old 05-06-2013, 12:12 PM
 
2,336 posts, read 2,808,763 times
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Zero.
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Old 05-06-2013, 02:14 PM
 
3 posts, read 2,838 times
Reputation: 11
Quote:
Originally Posted by Pfhtex View Post
Zero.
Can you please elaborate on this? What would be the road blocks I would come accross on this?
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