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Updated over 8 years ago,

User Stats

275
Posts
60
Votes
Allende Hernandez
  • Miami, FL
60
Votes |
275
Posts

Fanny Mae Deed Restriction

Allende Hernandez
  • Miami, FL
Posted

Hello folks,

I am closing on a Fanny Mae property this week and I understand that they normally come with a deed restriction to prevent selling it for more than 120% of the purchase price in less than 90 days.

I just received the closing documents from the title company and can't find such a restriction anywhere. In what specific document should I be looking? Is it possible they just didn't put it in?

Thank you in advance!

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