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is there any lender out there that will loan to someone who has been allowed to purchase their home

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August 29 2009 - Mount Clemens
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Answers (1)

Profile picture for Ron Borch
You are loooking to buy your old home back?  Is there a large difference between your sales price and the amount for what you want to buy it back?  There is no seasoning on how long the seller should be on title.  However, caution should be exercised in the case of a recent flip and how that impacts the appraised value. In this case the lender may use the LOWER of the current appraised value and the most-recent sales price.
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August 29 2009
 

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