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Updated over 5 years ago,
Do I need an inspection if im getting the fha 203k loan???
Hi guys. I have my first house under contract, a multi family. As you know the closing costs are extremely high. Do I need to pay for an inspection from a licensed home inspector ? Being as though the house needs alot of work and the lender knows this, is it a requirement? Or does the 203k consultant do an inspection? Also, do I have to pay the 203k consultant up front, At closing, or can I work the fee into my loan??
Thanks alot!!