Posts Tagged: "deed restrictions"

I wanted to take a minute to discuss Sherry Byrne’s comment on the blog post, “The Changing Real Estate Market and HUD Owned Properties.” She pointed out the new deed restrictions put into place by Fannie Mae owned properties. These restrictions are for a 3 month period after taking possession and limit the price you can resell the property for during that time to 120% of the price you bought it for.

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