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Updated over 12 years ago,
Question about Quit Claim Deed Date for Refi Purposes
I sent in a quit claim deed to the county to transfer two properties from my LLC to my personal name so that I can refinance with conventional financing. The county took a month to send it back because they didn't like where the notary put the stamp. I corrected it and sent it back in, and they'll probably take another month to finally record it. When I complained, they said the "date of instrument" will still be the date that the document was originally notarized. Does anyone know if the lender, for the purpose of the 6-month seasoning period, will go by the "date of instrument" or the date when the deed was finally recorded? There will be a difference of about 2 months in my case. TIA.
- Mariah Jeffery