Another Trust/Seasoning Question?
What is the best way to handle selling to a end buyer who is going to use conventional bank financing? im working a deal right now were the house is in pre-foreclosure and im having a trust set up. but to avoid seasoning issues should i not record the transfer of beneficial rights untill the day or day before closing or not record the trust altogether untill closing, so that the loan is already underwriten. but when the bank wants to see a purcahse contract, whos name would be on that? the seller? or the trust? any help would be great. thanks
i was wondering the same thing, Thanks