bank owned: FHA Reverses Its 90 Day Flipping Rule...But
- 01/19/10 03:24 AM
On Friday, FHA reversed its 90 day flipping rule. FHA buyers will now be allowed to finance homes after an investor purchase within 90 days. But…… the following will apply: 1. THIS IS NOT JUST FOR FORECLOSED PROPERTIES PURCHASED BY INVESTORS. It is for any qualified property 2. If the resold price is over 20%, a second appraisal will be required 3. Proof of the improvements 4. If the home was not a rehab, a verifiable reason of the increase in price 5. Lender has the right to ask for the home inspection 6. The lender will require a copy of the home inspection if the property is purchased over … (2 comments)
bank owned: About The Halle Group
- 01/05/09 03:51 PM
When you choose The Halle Group you get superior knowledge, education, & experience. We are true professionals trained in preparing, staging, presenting & marketing homes with 10 years combined experience in residential real estate and residential mortgage. We require over 40 hours per month of continuing education in building science, energy efficiency, and AZ Real Estate practice and procedure and are EcoBroker ® Certified.
Want to know more about us? Visit http://www.katiehalle.com <!--StartFragment-->Here’s to a prosperous 2009!
Katie Halle REALTOR® EcoBroker® Certified The Halle Group Mobile: 480.250.0023 Office: 602.476.1942 Fax: 480.889.3695 http://www.katiehalle.com Listen to our podcast: http://myrealtalk.podbean.com/ Ask about … (0 comments)
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