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Updated over 7 years ago on . Most recent reply

User Stats

113
Posts
44
Votes
Victoria S.
  • Overland park, KS
44
Votes |
113
Posts

Hud home problem/question

Victoria S.
  • Overland park, KS
Posted

I am buying my first investment property and it's a HUD home. The inspection states that plumbing was an issue: "the plumbing lines would not hold pressure indicating a leak or leaks."

The bank will not allow me to turn on the water. We are getting an inspection but what else can we do to ensure the property is worth buying. Now my lender is refusing to provide financing because "the house is not liveable."

This has turned out to be more work than I expected. Anyone have experience with this? 

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