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Updated over 8 years ago on . Most recent reply

Jeff Scholen's profile image
Jeff Scholen's profile image
Jeff Scholen
  • Flipper/Rehabber
  • from Alpharetta, Georgia
  • Member since Dec 1, 2016
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Jeff Scholen's profile image
Jeff Scholen's profile image
Jeff Scholen
  • Flipper/Rehabber
  • from Alpharetta, Georgia
  • Member since Dec 1, 2016
Connect
Jeff Scholen
  • Flipper/Rehabber
  • Alpharetta, GA
2
Votes |
20
Posts
Foreclosures

Bank 90 day restriction on resale

Jeff Scholen
  • Flipper/Rehabber
  • Alpharetta, GA
Posted
The bank placed a clause in the warranty deed that restricts the resale of the home we purchased for 90 days above a certain amount. Anyone know why they would do this? This was a short sale.
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Jeff Filali's profile image
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Jeff Filali
  • Rental Property Investor
  • from Broken Arrow, OK
  • Member since Mar 25, 2016
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Jeff Filali's profile image
Jeff Filali's profile image
Jeff Filali
  • Rental Property Investor
  • from Broken Arrow, OK
  • Member since Mar 25, 2016
Connect
Jeff Filali
  • Rental Property Investor
  • Broken Arrow, OK
1,140
Votes |
1,144
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Jeff Filali
  • Rental Property Investor
  • Broken Arrow, OK
Replied

Just another ridiculous regulation trying to keep the small guy from succeeding.  Sorry, I hate regulations that hinder the small business owners and individual investors.  Quit telling us how to run our businesses.

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