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Updated about 2 years ago on . Most recent reply

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Peter Kostas
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Section 8 Approval Pre purchase?

Peter Kostas
Posted

Had a question regarding section 8 approval. I want to rent a prospective home under section 8. I am trying to ensure the house I am looking at is turnkey (good shape), in hopes that it would be approved under S8. The thing is, I want to purchase of the home to be contingent under the fact that it gets approved for s8 vouchers. 

Is this possible? I wouldn't be sure what to do if the house did not get approved, and want to give myself some sort of assurance. maybe a contingency? Would love it if anyone has advice on this. Thanks!

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Patti Robertson
  • Property Manager
  • Virginia Beach, VA
2,244
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Patti Robertson
  • Property Manager
  • Virginia Beach, VA
Replied

Any property that is habitable can pass a SEC8 inspection.  In my area, none of the 7 Housing Authorities would inspect before you purchase. They all do it only after you have accepted a tenant and they have approved the rent amount.  

  • Patti Robertson
  • 7574722547

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