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Least yet again...

Posted by SS buyer BoA on January 27, 2013 at 3:50am
I know almost everyone on here preaches about having a problem keeping a buyer. Well I am a buyer and my husband and I have a preapproved priority buyer loan for up too 100k. We live in a semismall community and have been trying to purchase a home for a whole year now. We hav lost 2 homes due to seller back out. Our 1st home the seller backed out after waiting for 3 months. The latest one was even worse. We waited 5 and a half months! Our realtor told us that we were approved and were waiting on the actual paper approval. Another seller called and decided not to sell. Now we cannot find a home that can get USDA or FHA financing because when people are leaving their homes they are taking the outside A/C units or the well pumps, or water systems, or al of the above or more. According to my realtor, these homes cannot financed. Is there any way around this? So bummed almost tired of trying anymore.
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  • Bryant Tutas January 28, 2013 at 1:39am

    You can ask your lender about a FHA 203 k loan These are designed so buyers can place the costs of needed repairs and upgrades into the loan.

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