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Updated 11 months ago on .

Arshiya Taami's profile image
Arshiya Taami's profile image
Arshiya Taami
  • Investor
  • from San Diego, CA
  • Member since Jan 29, 2024
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User Stats

25
Posts
12
Votes
Arshiya Taami's profile image
Arshiya Taami's profile image
Arshiya Taami
  • Investor
  • from San Diego, CA
  • Member since Jan 29, 2024
Connect
Arshiya Taami
  • Investor
  • San Diego, CA
12
Votes |
25
Posts
Mortgage Brokers & Lenders

FHA Loan on Auctioned homes possible?

Arshiya Taami
  • Investor
  • San Diego, CA
Posted

I was reading online and saw that FHA Loans accept auctioned homes but that got me thinking.

How can I get an FHA Loan for an auctioned home when FHA Loan requires an inspector to come check out the building and auctioned homes generally don't allow for people to inspect the house until after purchase?

would an alternative route be getting a limited FHA 203(k) Loan to purchase an auctioned home or does FHA 203(k) require an inspector first as well?

San Diego, California
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