Title Seasoning ? - Posted by Peter

Posted by Max-Va on May 13, 2006 at 14:33:38:

This varies by lender. Some have 12 months, some 6 months, and some 3 and a few have none at all. The key is finding lenders that it is not a problem and pushing your buyers to them.

Title Seasoning ? - Posted by Peter

Posted by Peter on May 13, 2006 at 13:52:17:

I’ve heard that after year 2000, lenders have now adpoted a “Title Seasoning” policy that requires the sellers to be shown on the property deed for at least 12 months before they will finance a new borrower to buy that home. Is this true? Could someone please give me some incite on this policy. Thanks in advance.