InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Annual Reunion Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Vet the end buyer's lender for seller title seasoning requirements Posted by CC in OC on June 13, 2009 at 7:00 PM In Reply to: Success Story for Investor/Loss for FHLMC posted by Tricia_CA on June 13, 2009 at 9:58 AM Tricia, as you probably know, many lenders won't accept new appraised value for purposes of calculating the new buyer's LTV (loan-to-value) when the seller has owned the property for less than 90 days. For this reason, it's a good idea to make sure the end buyer has selected a lender that doesn't have seller title seasoning requirements. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Tricia, as you probably know, many lenders won't accept new appraised value for purposes of calculating the new buyer's LTV (loan-to-value) when the seller has owned the property for less than 90 days. For this reason, it's a good idea to make sure the end buyer has selected a lender that doesn't have seller title seasoning requirements. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455