BEWARE when buying investor owned flips

Just helped another client find her dream home in Anaheim Hills. Gorgeous turnkey VIEW home in the Hills. Investor owned properties come with a laundry list of items to watch out for. There’s the lender’s 90 day rule  and the title insurance’s 120 day rule.
Make sure the property has transferred title atleast 90 days prior to avoid underwriting nightmares and additional buyer costs. Be alert and check with the Title insurance company to get the full comprehensive coverage for properties that changed hands within 120 days.
Contact me for more details and information.

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