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Updated over 11 years ago on . Most recent reply
Help...I have to wait 90 days to sell?
hoping someone can assist. I purchased a house at sheriff sale 8/30, paid cash. I have a buyer and their bank is saying they cannot get a mortgage until its been 90 days since the previous purchase. I'm in ohio. Any direction would be hugely appreciated!!!!
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Have the buyer go to a different lender. This is that banks's policy, not industry "law". FHA doesn't even absolutely require 90 day seasoning any more. Large banks are usually the worst at getting a loan done.