ARCHIVED BLOG POSTS
The FHA announced that beginning February 1st, they will relax the anti-flipping rule. This is good news for investors who purchase distressed properties, fix them up and sell the property as renovated. With the 90 day rule waived, this will allow investors who purchase properties to flip to se...
Here in the Northern Virginia area, I'm seeing the housing market stablizing, prices are slowing coming up and we're seeing fewer foreclosure, but more short sales. Lenders are realizing that agreeing to a short sale is lowering their losses by reducing their costs associated with foreclosing an...