I spoke to the realtor I made the offer with this afternoon. He reminded me of a hitch in purchasing the house that I had forgotten about
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Ohhhhh, that sucks. Oh well. There are plenty of other houses on the market. Another great deal is bound to turn up....especially if you have a better realtor on your side now.
The longer you wait, the more money you will have for a down payment. You may be able to get a nicer home. Keep in mind that it is not too long until you graduate and you will have a better income. It is all positive.
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I'm about to refinance with an FHA loan, I wonder if I'll have to do an inspection since I already own the property?
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