Tag: recording date

What Date is Used for the Seasoning Requirement on a Flipped Property?

Question:  What date does FHA use as the start date for the seasoning requirement on a property being flipped? Answer: Typically, “legal ownership” happens at recording. That said, we are not attorneys and cannot speak to the land ownership laws of any state. FHA does not provide us with a specific definition of “legal ownership” […]

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