Updated over 17 years ago on . Most recent reply
Seasoning
I need advice on transaction. I recently bought a home at auction. It was a great deal and in good shape. A family member was interested so I offered to sell it to them with very little profit. But we later found they dont qualify for a conventional loan. So now I'm stuck with it until its seasoned. They are willing to rent for 3 montsh but I'd rather get the capital back sooner. If we record the deed in their name will that help?