Im trying to buy a home and ran into a problem, it is a 2 family home, the only problem is can i get an fha

Shanncitri
Shanncitri
Home Buyer
06260

approval if the property is commercialy zoned? keep in mind that the property was built 1929 and owner occupied until recenlty and never used for a buisiness.

Tue Jul 14 2009, 19:01 - Home Buying in 06260 - 1 answer
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Linda Lang-Bank...
Linda Lang-Bank...
Agent
New Haven County, CT
FIRST ANSWER

Hi - I'm not an appraiser but have run across this before. If it's present use is residential and you are going to be an owner occupant and use the house as a residential residence, the appraiser will need to document and explain that on the appraisal. I know that the lenders are getting very specific and detailed but it is worth the effort. Good Luck!

Linda Lang-Bankowski, Broker-REALTOR
CDPE~CRS~GRI~ABR~ASP~CSP~SRES~AHWD~ePro
Quinnipiac Realty, LLC
Cell (203) 619-4377 eFax (203) 306-3155
Linda@QuinnRe.com http://www.QuinnRe.com
31 Quinnipiac Avenue~North Haven~CT~06473
(203) 624-3000 Ext. 701 Fax (203) 624-3001
~Licensed in Connecticut~

Web Reference: http://www.QuinnRe.com
Tue Jul 14 2009, 19:55
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