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Ok, I am buying a house. I was told today that there was some repairs on the house that needed to be done before I could close. I WAS supposed to close on Monday the 24th. It is a rural development loan. So they require the repairs to be made. My mortgage lender told me she was going to contact Rural Development and see if they could loan me more. The house was appraised at 5000 more than what I am buying it for. Will Rural Development do this? Anyone?

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2007-09-19 14:21:40 · 2 answers · asked by Sheena E 1 in Business & Finance Renting & Real Estate

2 answers

you shouldnt have fees already before you even bought it.. I would wonder. there are too many scams out there.

2007-09-19 14:46:36 · answer #1 · answered by Patty W 3 · 0 0

Scares me when you are required to spend money for repairs on a house BEFORE you own it.

2007-09-19 21:40:50 · answer #2 · answered by bdancer222 7 · 0 0

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