Most lenders have some type of time restriction on when your house is on the market until you are able to refinance your house.

We are in Southern California, and as an example, our home was purchased in 2001 for $220,000, then soared to a vaule of $550,000 at the height of the market, and now we'd probably get about $350-400,000 out of it.If we could buy this triplex and I could count on more appreciation, then I might be tempted to go ahead and take the plunge.

If one was to establish a relationship with a listing brokerage/agent, are there no ethical or legal restrictions prohibiting them from releasing info on an upcoming property to an outside source while it is in the BPO stage?

No - I am not talking about the same thing :)I was talking about the deed restriction when you buy a FNMA property VS the FHA 90 rule....Sorry - read the thread wrong.

It means the house sold for $150K at the height of the bubble.

f=q&source=s_q&hl=en&geocode=&q=15th+street+and+shields,+chicago+heights,+il&sll=41.50186,-87.621889&sspn=0.015845,0.038624&ie=UTF8&ll=41.504351,-87.623477&spn=0.007922,0.019312&z=16&iwloc=A&layer=c&cbll=41.504276,-87.623472&panoid=elh1roas2KcAXmgb2OhM5g&cbp=12,146.9764233088035,,0,31.69999999999999

Fannie Mae and Freddie Mac recently increased the restrictions on their underwriting guidelines for lending on condos.

v=7PC9fkLMZmo I still cannot believe that cartel (The Federal Reserve) can cut deals with international bankers, control our money supply, and yet the U.S congress is restricted (by law) from looking at the books.

I've never heard of conventional financing having any seasoning restrictions whatsoever.Of course, if this is re-finance, there will be seasoning requirements, but not for a flat-out sale.I would recommend you speak to another lender; in fact, call a big bank in your area, like Wachovia, BoA, etc. and see what their mortgage person tells you.If I'm giving you bad information, I humbly apologize, but I'd be very surprised if this is a FL rule or any type of rule.

Not a lawyer, but I'm not aware of any laws restricting property ownership for foreign nationals.Property taxes are levied by "counties".