Are homes listed as "Cash or Conventional Only" discriminatory?

Mortgage and Lending with Liberty Home Mortgage Corporation Originator NMLS ID 120117

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Comments (2)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:

Happy Taco Tuesday and make it a productive day.Ā  Sell a house. Bill

Jan 24, 2023 04:09 AM
Kat Palmiotti
406-270-3667,, Broker/REALTORĀ® - Kalispell, MT
Helping your Montana dreams take root

I did watch this entire video and had a "what if?" for you.

What if I'm selling a house that is in terrible shape - holes in the roof, peeling paint, exposed electrical system, unworkable well, and the seller cannot afford to fix anything and is selling "as is"- While VA and FHA loans can cover a lot of issues if the issues are repaired, how would they allow a deal like this to move forward? Renovation loans? What if the seller is in a rush because they're going into an assisted living facility?

I know that's far fetched but just wondering if there ever is a time where VA and FHA (and the like) won't work.

Jan 24, 2023 05:54 AM