The waiver of the FHA anti-flipping rule only applies to lenders, their subsidiaries or their vendors who are selling the foreclosed homes to owner occupant buyers. For more information, see my blog post "FHA Guidelines: FHA Waives Anti-Flipping Rule".

Carl Pruitt

http://fhaloanadvice.com

 

 
Post is included in group: Mortgages
Post is included in group: FOR SALE BY OWNER - MARKETING(FSBO)
Post is included in group: Georgia Real Estate
Post is included in group: Brokers and Correspondents – needing more sub prime products, support with 100% commissions and no fees!
Post is included in group: The FHA Mortgage Group

3 Comments on Sorry Investors, FHA Didn't Waive The Anti-Flipping Rule For You!

JUN
20
2008
289,520 Points 4 Featured Posts Outside Blog

yes this was good news of a sort. Investors wont benefit but some of the banks we sell for will. I think it was a good move on fha.

6:21am • #1
JUN
22
2008
181,332 Points Outside Blog
I have seen a lot of bad information on this. Thanks for sharing with us.
5:26pm • #2
JUN
28
2008
2 Featured Posts Localism Sponsor

Great information. Glad to know the real word on what's going on.

11:09am • #3

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Carl Pruitt - http://FHALoanAdvice.com

Buford, GA

More about me…

FHA Loan Advice

Office Phone: (678) 245-4744

Email Me

Information and updates about FHA mortgage programs


Links

Archives

RSS 2.0 Feed for this blog

Find GA real estate agents and Buford real estate on ActiveRain.