It states because there is less then 18 inches to access underneath the house, an inspector will not be able to provide a wood infestation report and therefore the seller will not be held responsible for any wood damage in the house.

In the 5 minutes it took to get the water back off the entire house was flooded with an inch or two of water.

In the 5 minutes it took to get the water back off the entire house was flooded with an inch or two of water.

I know non-QM lending basically shut down, but I've seen some articles that it may be inching back...  

On the bedrooms make sure you have a closet and a window with legal egress - 5.7SF opening no more than 44 inches above floor.

Major items in the renovation include:Level floors, Lay new peel and stick vinyl throughoutRemove wall heater from bedroomRe-sheetrock in living room to smooth out wall (tie control thermostat wires in wall to provide power on roof)Install new plumbing runs throughoutInstall new drain lines where applicableInstall water line and in-wall box for refrigerator ice makerInstall new tubInstall new tile shower surroundMove over all light switches away from door trimRun wire to two new living room lights, install three way switch outside of bedroom and exterior patio doorInstall new light and wall switch in bedroom closetMove bedroom door 6-7 inches to the south to allow construction of half wallDemo existing living room closet and construct half wall (replumb gas and electrical as required)Demo kitchen cabinets, pantry and counterInstall sheet-rock over water damaged hardboard in bathroom and bedroomsInterior Paint throughoutInstall new bathroom vanityInstall new bathroom lightInstall new kitchen lightInstall new cabinetsInstall new granite counter topsInstall new AC registers (bedroom and bathroom)Install new toiletInstall three (3) new six-panel doors (bedroom, closet, bathroom)Install new outlets and coversInstall new switches and coversAgain, my four estimates for this work range from $14,000 to 25,000 and would complete in 2-3 weeks.

@Stacey Lancaster I'm so sorry this happened to you, been there before when we had to rip out an entire section of our newly installed hardwood floor and jackhammer thru 17 inches of concrete to fix a broken sewer line in our new property. 

Personally I would cover flood insurance on any property I own in Virginia Beach it is cheap in regards to the repairs that will have to be made after water (a consivertive estimate is about 1 inch of water = $30,000 of damage). 

It has rotted out a good 6' x 4' section of subfloor, and the toilet has sunk down an inch or more. 

Ideally, I have hardwood flooring, preferably 3/4-inch thick oak, in the bedrooms.