Avoiding Title Seasoning

[Alex Locklear]

So a buddy of mine was explaining a way he thought I could avoid title seasoning on double closings.

He said what I should do is transfer the property to a land trust with the sellers as the beneficiary & my agent as trustee...I could then give an affidavit of trust to the FHA lender and it shows that the property essentially didn't change hands..

I would also get an assignment of beneficial interest from the seller, that document doesn't ever get filed (or exercised) unless I would need it, like if someone is questioning ownership.

Since my agent (attorney, REagent, best friend, whatever) is the trustee, they handle the sale and distribute the funds..

Anyone ever heard of this?