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can you get a loan on a home that has a cistern but no well

the home i am looking at is in a very dry area and it is very hard to find water when digging a well there is a county well that you have haul your water from and dump into a large cistern
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February 22 2012 - Prosser
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good question... From my understanding you probably cant get a loan with out doing a construction loan to add a well. I know fully covered cisterns that are spring feed will pass but since you will be hauling the water in that's a different situation. This is a good question to ask your lender, if anyone. They can give you complete terms and conditions of the loans they provide. We as agents try but in the end the lender should know more than us about this. I know they have options for alternative energy served properties but potable water is very important!!!!!!!!!!!!!!!!!!!!!!
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February 25 2012
 
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can you get a loan on a home that has a cistern but no well
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