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Updated almost 6 years ago,

User Stats

150
Posts
159
Votes
Wade G.
  • Houston, TX
159
Votes |
150
Posts

Question about title seasoning

Wade G.
  • Houston, TX
Posted

Seasoning has me confused. I purchased a property with hard money and then refinanced into a 30 year loan a month later. My loan officer has said a property must be held for six months before it can be sold. Title company I closed with says I can sell at anytime to a cash buyer but have to wait 3 months to an FHA buyer. I purchased this property with the intent to rent it out but it is looking more and more like selling it may be a better option. Also, does the time period begin when I purchased with the HM loan or the date it was refinanced?

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