January 2013 FHA Waiver of the Prohibit for Flip Over Flipping: FHA is extending the availability of the temporary waiver of its regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition, until December 31, 2014. The waiver is applicable to all single family properties being resold within the 90-day period after prior acquisition, and is not limited to foreclosed properties. This is a very good news for investors. Investors are steady buying homes, based on a recent extension of an FHA temporary waiver. (0 comments)
January 2013 FHA Waiver of the Prohibit for Flip Over Flipping: FHA is extending the availability of the temporary waiver of its regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition, until December 31, 2014. The waiver is applicable to all single family properties being resold within the 90-day period after prior acquisition, and is not limited to foreclosed properties. This is a very good news for investors. Investors are steady buying homes, based on a recent extension of an FHA temporary waiver. (1 comments)