Can I refinance after my house has been in the market?

Chonchi asked:


We had our house for sale and after 2 months we decided to stay here refinance and use the money to do upgrades. Now I’ve been told that we need to wait 6 months before we can do so. We live in NC, and now we don’t know what to do.

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Tags: House For Sale, Money, Refinance House

This entry was posted on Monday, November 3rd, 2008 at 5:59 pm and is filed under Renting & Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Can I refinance after my house has been in the market?”

1. elle55407 Says:
   November 5th, 2008 at 1:06 pm

   Who told you that? I have never heard of such a thing. Call the bank and find out.

2. Leo F Says:
   November 7th, 2008 at 12:23 pm

   Yes its true, in fact its one of the question on the appraisal. Has the subject prop been listed or for sale in the past 12 months. The appraiser must research your homes past listings. They don’t what you to refi and take out the equity and bale on them

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