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Updated over 8 years ago on . Most recent reply

User Stats

12
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2
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Julius Smith
  • Nashville, TN
2
Votes |
12
Posts

Can't Finance Property because Seller Removed Kitchen Cabinets??

Julius Smith
  • Nashville, TN
Posted

Hey everyone,

I'm pretty new to bigger pockets and RE investing in general, so hello to all! Have a question. I was in the process of writing an offer on a vacant property and my realtor just called me saying we couldn't do the deal anymore due to the following:

This past weekend we walked the property with the seller. During that day, he was cleaning out the house from the last renters, and he ended up pulling out several things including the kitchen cabinets. My realtor is telling me that this now makes the property "uninhabitable" and i can no longer get a loan for this deal (I'm unable to do a cash offer). 

First, is this true? And second, do any of you have experience with this and what have you done in circumstances like this? I'd rather not deal with a hybrid or construction-type loan. Really only because i haven't looked into that at all and not sure what that would entail

You're help is greatly appreciated! Thanks! 

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