Asked by Amanda T, Norfolk, VA • Sat Mar 30, 2013
If i am interested in buying a home that is sold "AS IS" priced at 130k that may need minor but many repairs, Would i have to apply for a different loan for funds to to use towards repairs or could i use my initial loan that i was quoted and can receive for buying the home.. Meaning if i was told i could get 190k and the home is 130k could i use the remaining funds for fixing on the home?
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