Sunday, June 2, 2013

If you are purchasing Real Estate with an FHA/VA type Mortgage.....

If you are shopping for a home with a FHA or Va mortgage there are several things to keep in mind.
The home must have a good roof that will pass inspections. An older roof may cause issues in purchasing home owners insurance.  Wood rot on the exterior leads to water getting in to interior walls and causing mold. These conditions will prevent the Under Writer of the new mortgage from approving the loan until the seller makes repairs.  Ask a Realtor for more details if you are considering a FHA/VA mortgage.

For more homes for sale near the beach go to http://www.beachhomesdaytona.com

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