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Old 03-07-2009, 12:56 PM
 
3,408 posts, read 5,139,486 times
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I'm selling and got an offer that had a pre qualification letter showing that it would be an fha loan. I'm not concerned about the appraisal, but I am concerned about the inspection. The buyers knows the roof is old, but it is uncertain how many years are left on it. There are no leaks, but there were a couple in the past. My realtor said that fha loans can be contingent upon the roof being in good enough conditon.

I read online that roofs needing to have 2 years or more life on them. This may or may not be the case for my house. I don't want to waste a couple weeks to find out that the deal won't go through and I can't change the roof.

Would this be a good case for a fha 203k loan?
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