Real estate blog entries tagged with title seasoning by Ken Cook, Web Dev, Brand Strategist 678-439-8683

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Home : Blogs : Ken "Yes You Can" Cook : Superior, HandCrafted Web Apps : Tag "title seasoning"

title seasoning: Tips Countdown: #24 Seller Seasoning On Title - 12/07/08 06:39 PM

Mortgage Tip #24 (Counting down to #1)
The seller purchased the property at auction on the 15th of February. They paid exactly $65,000 for the property. The listing price they chose is $110,000 which is 15% lower than the most recently sold prices in the neighborhood. They listed the property on the 16th of February and your client makes their offer of $100,000 on the 17th of February.
Don't count on getting a loan approval unless the seller has owned the property for 91 days. Unless the seller is the lender who foreclosed on the property or received it into inventory … (3 comments)

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Ken "Yes You Can" Cook

Marietta, GA

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Ken Cook, Web Dev, Brand Strategist 678-439-8683

Address: Atlanta, GA, 30339

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