I have a few questions about USDA guaranteed home loans.?

Most government mortgage loans would require all repairs be made prior to you occupying the property. The seller would be required to make these repairs. The seller could place funds in an escrow account so as when the repairs are made the contractor would be paid.

What the appraiser see if what he would make a note of during his/her appraisal inspection. If there is a pool on the property then the appraisal would list the pool. If there is a pool listed it would have to function as a pool prior to you occupying the property.

If the seller would not want this pool listed it should immediately remove this pool or have it covered over, so as you would have flat land as oppose to a pool. All connections should be severed and capped so as not to have a potential water problem.

Normally government backed loans would not accept a written statement that the pool would be filled in after occupancy.

To get a pre-approval would depend on who you are getting the pre-approval through. if you are using a direct lender it would be sooner than if you are using a mortgage broker. the normal time is about 7-10 working days no matter who you use. Make sure you are able to immediately supply your lender with any additional documents that might be necessary to finally get your pre-approval.

I hope this has been of some benefit to you, good luck.

"FIGHT ON"

NOT a good idea to get a 0% down loan, they are the main cause of the current mortgage foreclosure crisis

Once you buy the home, ALL costs of repairs are YOURS. No the seller is NOT responsible. Is this house being sold AS IS?