A HUGE NO NO (ON MY PART)

[Terrence Robinson-Brown]

I currently have a 2 family home under contract.  Im buying from Bank of America.  The price is great and the property is in rental condition (with paint, carpet, and a stove). 

The Problem: Im buying this home with an FHA loan. The home had to have running water for it to get approved. The home owner or someone else cut the copper pipes from the water tank. My crazy self got a plumber in there to fix it so it can pass the appraisal.

It did pass appraisal but now I have about 2 weeks to close.  My concerns are:

1. What if the lender finds something they don't like and I don't get the loan, even though I got a commitment letter? (money lost on repair)

2.  What if someone enters the home and rips out the copper again. (money lost on repair)

WAS THIS A FOOLISH MOVE ON MY PART?  BE HONEST!!  

ps.  I really wanted this property.  PEACE!!!

Terrence...