All pre-paid deposit funds are spent on the purchase of the house. Buyers are often reimbursed for valuation, financing or home inspection problems. It really depends on the contingencies written in the contract, but the items listed above are fairly standard. Make sure you stay in touch with your real estate agent. That would be fine, you just need to make sure that the usda property address is justified. eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do The house you buy can be in any state. But the house must be your main home, occupied owner. USDA allows refinancing from payment, only for interest rate cuts. Learn more about all the USDA Refinancing FAQs here – www.usdamortgagesource.com/blog/2014/usda-loan-rural-refinance-homeowner-qa/ question: I owned a house years ago and now want to consider buying a beautiful brick house that I recently found. Can I buy this house with a USDA loan? I thought the USDA program was for first-time buyers. I know the house is located in the authorized USDA area outside of Tampa. D Clayton – Pasco County, FL Answer: USDA follows MANUEL HUD`s requirements on road guidelines.

In principle, the road should allow safe access from a public or private road. In addition, all roads must have an all-weather area and be maintained by all owners of the street or the owners` association through a road maintenance contract. Some dirt roads (particularly well-maintained counties) are in order and generally approved. Please contact us for more explanations. Recently, in October 2015, I bought a house with a USDA RD loan in the state of South Dakota. I was told that I was not able to buy a house that had a pool, but after this forum and others, it seems that it is allowed. I was also told that I had to live three years in the house, but the general consensus is that I am able to sell without predetermined conditions for the years stay. I want to sell this house and move to another state.