Home Buying in Coldwater : Advice

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Bill Jenkins, Real Estate Pro in Danville, IL
Bill Jenkins answered:
I am trying to use a USDA RDA loan to buy a Fannie Mae REO forclosure, and I'm stuck with a problem.
Typically Fannie mae will not make any pre existing repairs once an offer has been inspected. You have 10 days to conduct a full inspection and determine if you wish to continue with th ... more
0 votes Share Flag Fri Mar 16, 2012 Home Buying in Coldwater
Memphis Owne…, Real Estate Pro in Tennessee
Memphis Owners answered:
USDA RDA guaranteed loan inspection/requirements
USDA will examine the appraisal, and if these items are noted by the appraiser as needed items, then yes, the repairs will be required. USDA will also examine the home inspection, if s ... more
1 vote Share Flag Mon Aug 17, 2009 Home Buying in Coldwater
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