Asked by Curtis N. Coleman, Myrtle Creek, OR • Mon Jan 12, 2009
I am told I have to have a prequalification letter from my bank in order to obtain a HUD loan on this property.
Also, I am told in order to get repairs included in that loan, I need to tell HUD how much those repair are, and commit to making them. How do I go about doing this? Do I pay for an inspection first, without an offer? I don't understand the procedure here. We really like this home, and want to get the letter from my bank here in Oregon, but have to understand which card must be placed in what order.
This question is about this property: http://www.trulia.com/property/1064986489-204-Keystone-St-Bu
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