Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

80
Posts
53
Votes
Shane Elias-Calles
  • Developer
  • Orange County, CA
53
Votes |
80
Posts

Can I sell my primary residence?

Shane Elias-Calles
  • Developer
  • Orange County, CA
Posted

Hello Everyone,

I recently purchased my first deal with conventional owner-occupied financing. I had planned on living in the home for a year, however now I may have another job offer in a different state. 

My disclosure states that there is no prepayment penalty but also states I must occupy the home for a year.

I have renovated the entire home so it is now worth a lot more than I anticipated. Can I sell the home even though the disclosure says a year? Would I have to prove that I was moving out of state?


Thanks

Shane  

Loading replies...