fha agrees on home flip waiver: FHA Agrees on Home Flip Waiver, Which is Great For Real Estate Investors in Chicago's Northwest Suburbs and Entire Chicagoland Area
- 12/28/11 10:26 AM
FHA Agrees on Home Flip Waiver, Which is Great For Real Estate Investors in Chicago's Northwest Suburbs (Palatine, Schaumburg, Barrington, Long Grove, Lake Zurich, Hawthorn Woods, Mundelein, Libertyville, Wauconda, Vernon Hills, Island Lake etc.) and Entire Chicagoland AreaFor the second year in a row, FHA is extending a temporary waiver of its "anti-flipping" rule. Homebuyers relying on FHA-insured financing will continue to be able to buy homes that have changed hands in the last 90 days.The waiver is great for investors seeking to rehab and flip properties, because it expands the pool of eligible borrowers to include those relying on FHA-backed … (2 comments)
FHA Agrees on Home Flip Waiver, Which is Great For Real Estate Investors in Chicago's Northwest Suburbs (Palatine, Schaumburg, Barrington, Long Grove, Lake Zurich, Hawthorn Woods, Mundelein, Libertyville, Wauconda, Vernon Hills, Island Lake etc.) and Entire Chicagoland AreaFor the second year in a row, FHA is extending a temporary waiver of its "anti-flipping" rule.
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