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Updated over 12 years ago on . Most recent reply

Mary Elizabeth C.'s profile image
Mary Elizabeth C.'s profile image
Mary Elizabeth C.
  • from Missouri
  • Member since Nov 26, 2012
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Mary Elizabeth C.'s profile image
Mary Elizabeth C.'s profile image
Mary Elizabeth C.
  • from Missouri
  • Member since Nov 26, 2012
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Mary Elizabeth C.
  • Missouri
0
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13
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Rehabbing & House Flipping

Frannie/Freddie SFH Owner Occupy Rules

Mary Elizabeth C.
  • Missouri
Posted

How well enforced are the owner occupied preferences for Frannie and Freddie?

What is to stop someone from claiming they would move into the property then change their minds and rehab/rent for the 12 mo no sale period then sell?

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Phillip Dwyer's profile image
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Phillip Dwyer
  • Real Estate Agent
  • from Henderson, NV
  • Member since Aug 26, 2011
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Phillip Dwyer's profile image
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Phillip Dwyer
  • Real Estate Agent
  • from Henderson, NV
  • Member since Aug 26, 2011
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Phillip Dwyer
  • Real Estate Agent
  • Henderson, NV
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Phillip Dwyer
  • Real Estate Agent
  • Henderson, NV
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Check out the affidavits you must sign, and then see if you want to chance it.

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