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Updated almost 15 years ago on . Most recent reply

User Stats

6
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0
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Joe S.
  • Real Estate Investor
  • Sheffield, AL
0
Votes |
6
Posts

Using a contract for deed to sell while under 90 day deed restriction?

Joe S.
  • Real Estate Investor
  • Sheffield, AL
Posted

Need some advice.....i just made a cash purchase of a fannie mae reo....now can i sell it on a contract for deed if i am still within the 90 day fannie mae deed restriction period? Just wondering if I could insert some verbiage into my contract for deed that would allow me to get around this 90 requirement e.g. purchaser agrees that deed will not be transferred from seller for 90 days. My atty told me he wont close it for me this way. thoughts?

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