Tuesday, October 15, 2019

Your Guide to Buying a Flip at the Right Time

Did you know that if a buyer’s contract of sale is dated within 90 days of the seller’s deed, the buyer may not be able to get a mortgage commitment? Underwriters at mortgage lenders have policies against issuing loans when the dates between the prior deed and the current contract of sale are too close in time.

Read the full article by Andrew Lieb, Esq. published in Dan's Papers here.