Updated almost 18 years ago on . Most recent reply
Bob MaleckiPoster
#4 Tax Liens & Mortgage Notes Contributor
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- Kingston, WA
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Chain of Title-- How Important for resale to retail buyer
Bob MaleckiPoster#4 Tax Liens & Mortgage Notes Contributor
#4 Tax Liens & Mortgage Notes Contributor
- Investor
- Kingston, WA
I was listening to another guru podcast and he is stating that in a subject-to, the investor takes title for a short (hopefully!) period prior to reselling to a retail buyer. He said that many lenders will not loan on that property if the loan has not been seasoned for at least 90 days.
Has anyone found this to be a problem?