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Updated about 10 years ago on . Most recent reply

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Brit Foshee
  • Investor
  • Fort Myers, FL
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Will banks lend on a property with a green pool ?

Brit Foshee
  • Investor
  • Fort Myers, FL
Posted
Can you get a conventional mortgage on a home with a green pool ? The pool has a net covering over it. It would be the only possible hang up I can see for financing. Anyone have any experience with this ?

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

FHA, no. Conventional, doubtful. For you non Florida guys.....you do Not want to empty a pool in S Florida, if you don't know what you're doing. You'll learn the reality of a pool "popping out of the ground". Hint, we have a high water table and concrete "boats" do float.

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