Ar_home_b_search
 



fha rules: FHA extends the anti flipping rule - 12/27/11 10:48 AM
FHA Extends Waiver of Anti-Flipping Regulations Through 2012:
 
In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration (FHA) Commissioner Carol J. Galante will extend FHA’s temporary waiver of the anti-flipping regulations. 
 
With certain exceptions, FHA regulations prohibit insuring a mortgage on a home owned by the seller for less than 90 days.  In 2010, FHA temporarily waived this regulation through January 31, 2011, and later extended that waiver through the remainder of 2011.  The new extension will permit buyers to continue to use FHA-insured financing to purchase … (1 comments)

 
Dsc_9411favedit_jpg Rainmaker_large

Andrew Monaghan CRS, GRI, EPro Associate Broker

Glendale, AZ

More about me…

Keller Williams Professional Partners

Address: 7025 W Bell Rd Suite 10, Glendale , AZ, 85308

Office Phone: (602) 308-4660 x 203

Cell Phone: (602) 920-4343

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog