I bought a home at a trustee sale in Virginia but it...


#1

I bought a home at a trustee sale in Virginia but it does not officially close until next week. In order to get the loan for this investment property I need an appraisal done. The previous owner is still living there and won’t allow me access.


#2

I’m no expert on Viriginia laws but you will likely have to evict the previous owner before you can get access. If Virgina is anything like CA that will mean either carrying the property yourself without a loan until the eviction is complete, or finding a hard money lender who will make the loan without an appraisal.