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Updated almost 10 years ago on . Most recent reply

Wrap Arounds & Title Seasoning in PA
All,
I'm negotiating on a deal and the sellers attorney advised him that instead of going subject to for 1 year that we do a wraparound. So essentially this would involve us closing on the sale but having all of the documents held in escrow as opposed to being recorded publicly. After the 1 year term I would refinance the property and cash out the seller.
My question is this. After six or nine months will a conventional lender consider the title seasoned?
Are there any other factors I need to consider with this scenario?
Thanks as always