Deed restriction for 30 days

[Adnan H.]

I am in process of buying a wholesale deal for the first time. I have deposited a $3000.00 and waiting on closing next week. The wholesaler called yesterday and let me know that because this was a short sale deal there is a 30 day deed restriction and he would be able to give me the deed after 30 days of closing. I have limited knowledge of this kind of restriction. Can anyone shed some light if this is a legit way of buying a property and what are the risks of closing on a property with this restriction? 

I do trust this wholesaler to be professional but I would like to understand more about what issues I may run into later with this restriction. He also let me know that I can start working on the property from the day I close but deed will come after 30 days.