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title seasoning: Title Seasoning: a "Big Deal" when it comes to Mortgage Financing - 12/09/09 03:28 PM
Attention all real estate investors and buyers trying to buy homes from real estate flippers:
Most mortgage lenders now have strict guidelines when it comes to title seasoning.  Title seasoning is determined based on how long the seller has been in title to the current property.  If a seller has been on the title of the property for a very short period of time and now is trying to re-sell the property, banks will require the home to be title seasoned. 
A lot of people ask why a bank would care.  Well let me try and answer that question.  The mortgage … (2 comments)

 
Gary Rainmaker_large

Gary Miljour - Mortgage Lending for Arizona and California

Tempe, AZ

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Arizona BK-0920007 California DRE-01889021 My City Lender Home Loans NMLS#161428 Gary Miljour Licensed Loan Originator NMLS#207208


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