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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Foreclosures
HomeForumsForeclosuresSeasoning Issue
Larry Gonzales's profile image
Larry Gonzales's profile image
Larry Gonzales
  • from Loma Linda, California
  • Member since Jan 7, 2008
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Larry Gonzales's profile image
Larry Gonzales's profile image
Larry Gonzales
  • from Loma Linda, California
  • Member since Jan 7, 2008
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Larry Gonzales
  • Loma Linda, CA
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Foreclosures

Seasoning Issue

Larry Gonzales
  • Loma Linda, CA
Posted Oct 23 2008, 10:36

I have a 4-plex REO with an ARV of $460K, It is being purchased by me for cash of $200K, now I have a buyer willing to purchase and is pre-approved for $300K, however I may run into a seasoning issue according to my escrow officer. Does anyone know of a way to get around this?

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