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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] A problem could occur... Posted by CC in OC on June 05, 2009 at 3:28 PM In Reply to: Re: Examples of portfolio lenders posted by BR on June 05, 2009 at 3:00 PM ...if the end buyer says, "But I want to obtain a loan from Provident Funding. They have the best rates." Indeed they do, but they're legendary for being sticklers and they surely wouldn't approve a property you bought for $X and sold a month later for $Y. What are you going to say to your end buyer--"you can't use that lender because they don't approve that I made a profit?" In other words, seller title seasoning requirements are your--not the end buyer's--problem. Follow Ups: Re: A problem could occur... BR 6:55 AM, 06/06/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : ...if the end buyer says, "But I want to obtain a loan from Provident Funding. They have the best rates." : Indeed they do, but they're legendary for being sticklers and they surely wouldn't approve a property you bought for $X and sold a month later for $Y. What are you going to say to your end buyer--"you can't use that lender because they don't approve that I made a profit?" : In other words, seller title seasoning requirements are your--not the end buyer's--problem. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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