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Updated almost 15 years ago,

User Stats

4
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0
Votes
Rafael Dominguez
  • Real Estate Consultant
  • Naples, FL
0
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4
Posts

Hafa and title seasoning

Rafael Dominguez
  • Real Estate Consultant
  • Naples, FL
Posted

Supplemantal Directive 09-09
Notice that the sale must represent an arms length transaction and that the purchaser must not sell the property within 90 calender days of closing, including certification language regarding the arm's length trancaction that must be included in the sales contract.

Has anyone run into any issues regarding this in an A-B-C transaction?

Would full disclosure and as long as the bank accepts the contract supercede any Hafa issues especially if your trying to use Hafa to the home owners benefit.

Thanks

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