Seasoning?

ralphes12 profile photo

Can someone please explain what seasoning is?

Comments(1)

  • jeff120025th September, 2004

    Some lenders (Primarily FHA Lenders) are requiring people to have owned a property for a period of time before they will finance a new buyer. Especially if the property is being sold for a significant profit. Tn other words, they require the title to be seasoned.

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