Flippers Beware - 09/14/09 11:45 AM
Worth repeating:
I have already read some posts that discuss the 90 day moratorium for  investment properties which means you must have possession of the property 90 days BEFORE your buyer can obtain FHA secured financing. BE SURE that your FHA appraisal in after the 90 day period. Remember that FHA appraisals are good for 6 months so if you pull the trigger too soon you may be setting on it for SIX MORE MONTHS!
Also another note on flipping worth mentioning is that FanniMae has reinstated its 6 MONTH anti flip policy that prevents investors from flipping a property for more that … (0 comments)

It's a Hard Thing to Do but... GET OVER IT! - 09/11/09 12:09 PM
I am not a politician, nor am I usually this vocal or comment this strongly about anything but I feel this needs to be said.
It is really sad what greed has done to our country. The consideration for our fellow neighbors and friends have been seriously clouded by the "Love of Money". I do hope for the best outcome for our country and everyone who lives in it.
One fact that cannot be overlooked is that there have ALWAYS been foreclosed properties to deal with and always will be regardless of the economic condition of the business or our country. … (1 comments)

 
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Ron Jenkins, CTG, e-PRO

Athens, TN

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Century 21 Robinson Realty, Inc.

Address: 1015 West Madison Ave., Athens, TN, 37303

Office Phone: (423) 745-4446 x 106

Cell Phone: (423) 506-7383

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