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Updated almost 7 years ago on .

Benjamin Borum's profile image
Benjamin Borum's profile image
Benjamin Borum
  • Investor
  • from Virginia Beach, Virginia
  • Member since Jan 23, 2017
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Benjamin Borum's profile image
Benjamin Borum's profile image
Benjamin Borum
  • Investor
  • from Virginia Beach, Virginia
  • Member since Jan 23, 2017
Connect
Benjamin Borum
  • Investor
  • Virginia Beach, VA
0
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7
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Buying & Selling Real Estate

Residentially listed, commercially zoned

Benjamin Borum
  • Investor
  • Virginia Beach, VA
Posted
I am 2 weeks from closing and the appraiser informed me that the SFH in Florida I’m in contract with is zoned strictly for commercial use. This resulted in my residential loan getting denied. Does anyone have any suggestions for getting reimbursed for the inspection or appraisal? Is it common for Real Estate Agents to overlook this? Also, would it be possible to sell the contract to a commercial investor? Any other advice or recommendations are greatly appreciated. Thanks in advance!
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