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Laurelville : Real Estate Advice

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Activity 4
Mon Feb 29, 2016
Ahunt0576 asked:
Sat Dec 13, 2014
Dan Tabit answered:
Evonna,
The power must be on for the Appraiser and the Inspector. If you buy this house without a licensed highly competent inspector you are making a huge mistake. In most cases the owner or their agent can get the power turned on for a short period of time at minimal cost. If they are too cheap to do this, move along or put it in your name. Speak to the power company about whether you can leave it on or if it would be cheaper to turn it back off, but realize, in the winter a home without power or light can experience severe issues with plumbing, flooring, walls cracking etc. It really needs to be on or you may be buying a disaster if you get a freeze. ... more
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Thu Apr 24, 2014
Kimberly Lawson answered:
Hi Samantha, yes you can get a first time home buyer loan on any home. Although, buying a foreclosure, unless you qualify for one of the homepath properties, you may have to get an FHA 203k loan to rehabilitate or repair if nothing more what it takes for the property to meet the minimum requirements. If I can answer any add'l questions, I'd be happy to help. Best wishes otherwise, Kimberly Lawson, Licensed Mortgage Loan Originator - Ohio only. Contact and licensing information can be found on my profile. ... more
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