Foreclosure Douglasville
Question about VA loan when buying a house?
Hello. My fiancee and I found a house we are very interested in here in Douglasville,GA.
Its a foreclosure and the only issue with it is it needs roof work, either repaired or a whole new roof.
My fiancee was wondering if a VA (he was in the Marine Corps for 5 years) will buy a home like this?.. Does any body know?
Oh, the agent/owner is not repairing the roof before we would buy it.. it is not included in the house price. If we fix it, it will be out of our pocket obviously.
thanks for any info.
Oh, Also he got a pre approval letter from Bank Of America and its a Conventional loan and not FHA.
Not necessarily out of pocket. You can tack on money to the loan for repairs of credit is good.
As for whether the loan will buy it…it is up to your credit.
There are restrictions if you sell it though.
7059 Skippingstone – Douglasville Atlanta Foreclosure Investment Property with Top Rental Returns
