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Home › Forums › Closed Forums › Buying and Selling RE › Buying at the courthouse steps and financing later › SD Realtor wrote: Finally you

January 14, 2010 at 10:12 AM #503016
george
Participant

[quote=SD Realtor]
Finally you cant buy and then refinance. You will need to season the home for 6 months. In that time you are at the mercy of the bond market. How much cash you can pull out will depend on what your home appraises at.
[/quote]

Can you explain what you mean by “You will need to season the home for 6 months. In that time you are at the mercy of the bond market”?