If you purchase a short sale and the Seller's investor is Fannie Mae or Freddie Mac, be aware that you, as the buyer, are prohibited from selling the property for any sales price for a period of 30 days from the date of the deed.
After a 30 day period, and until 90 days from the date of the deed the buyer is further prohibited from selling the property for a sales price greater than 120% of the short sale price.
Note: The above restrictions will run with the land and are not … (2 comments)
Attention Real Estate Investors: 
;)
;)
;)
