I have a short sale home I purches also a buyer,bank say i canot sell beford 90 day what can I do

In Selling Property - Asked by alfred c. - Jun 17, 2011
Report Abuse
Answer this Question

Answer(s)

Aurelio M.
Broker/Agent
Torrance, CA

Most banks follow the 90 day flip rule. It's not a law it's a banking rule. Your buyer needs to work with a lender that doesn't follow the 90 day anti flip rule. I know this exists because I just represented a buyer with a less than 90 day investor flip. My lender said only one out of ten lenders will not care about this rule. My friend Mark Latini of Divita has the lenders.
He is out of Huntington Beach California
Good Luck
Aurelio Mattucci
Mattucci Real Estate

Jun 18, 2011
Report Abuse
Jesse M.
Broker/Agent
Copperas Cove, TX

Wait 90 days. This was simple! Rent to buyer till 90 days to close. Just make sure you have a good temp lease in place!

Sep 9, 2011
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question