Can I use VA loan to buy a foreclosure house that needs roof replaced?

I saw a house with lots of potentials. But it's a bank-owned property and the roof needs to be replaced before occupying. Being a first-time home buyer and I'm going to use my VA loan. Well, what kind of challenge will I have with VA and can I use a Title 1 loan for the repair?

2008-08-04T05:02:20Z

Please read the question and DON'T just fill in the answers with irrelevant facts or advertisements.

Leo F2008-08-04T09:46:55Z

Favorite Answer

No you can not use VA or FHA for a fixer home. The homes must be in average conditon or better. All repairs would need to be done prior to the loan.

10

Related Questions

I just bought a house it is paid off but i need to get a loan to put i new roof on it.?getting a loan to buy a house after a foreclosure?Can we buy a house that needs a new roof with an FHA loan?USDA loan on foreclosure in need of a new roof?I'm replacing the roof on my house and need to know how much roofing to buy. The roof measures 14 feet by 30 f

Trending Questions

My mom bought a house in full and managed to put it under my name?16 answersCan a tenant sue the landlord for harassment and win if he banged daily on the door several times a day demanding overdue rent payment?15 answersWhy do landlords always try to garnish their old tenants wages when they know the person is struggling?19 answersI'm a pensioner living in a over 55 housing association flat I stay at a lady friends at night does that effect my housing benifit?5 answersWhat happens if you and your boyfriend/soon-to-be fiancé can’t agree on a house you both like?18 answers