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Cheap_Coffee t1_j9aqrvd wrote

Reply to comment by therapeutic-distance in Organizations that help with home repair by BTVwifey

I'm not sure you can get a mortgage on a property with major structural damage unless you can prove you have the cash to repair it. Put yourself in the bank's position... would you loan money on a house that's likely to collapse?

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therapeutic-distance t1_j9arjt2 wrote

Yeah, it would have to pass a home inspection/appraisal. It depends on how much they need to borrow, income coming in, credit rating, how bad the condition of the house is. A lot of factors. A long shot.

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