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Updated over 8 years ago on . Most recent reply

User Stats

553
Posts
314
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Seth Borman
  • Rental Property Investor
  • Phoenix, AZ
314
Votes |
553
Posts

Effect of Steep Stairs on Financing and Saleability

Seth Borman
  • Rental Property Investor
  • Phoenix, AZ
Posted

We have an old house, 1937, with steep stairs that are uneven. One set of stairs goes down and makes a gradual turn.

Not only are they steep, they vary in height and depth along the way.

We are selling the house with a broker. The broker says that it might effect a conforming loan and therefore make the property less marketable.

Whats the real scoop?

Most Popular Reply

User Stats

553
Posts
314
Votes
Seth Borman
  • Rental Property Investor
  • Phoenix, AZ
314
Votes |
553
Posts
Seth Borman
  • Rental Property Investor
  • Phoenix, AZ
Replied

The house sold in less than 24 hours for a full price offer. We priced it too low.

The stairs were not an issue

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