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Various factors can disqualify a home from USDA financing, such as being located in an ineligible area or failing to meet acceptable safety and quality standards. According to the USDA Existing Home Observation Checklist, properties with significant structural damage or that lack essential utilities will not qualify. Understanding these disqualifications is important for homebuyers seeking USDA loans. Using a platform such as uslegalforms can assist you in navigating these requirements and ensuring your home is a solid investment.
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