how long do you have to own before you can sell?

Asked by geneandbobbie, 27205 Fri Oct 12, 2012

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Jim Olive, Agent, Key West, FL
Fri Oct 12, 2012
Depends on any restrictions placed on the property either when you bought it or through the deed. It is not uncommon for lenders to place restrictions on distressed properties to try and limit "flippers" from making too much money at the lender's expense. Have your real estate agent check for the specific property you are looking at.
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