fha: FHA Flipping Rules - What Buyers Should Know - 01/05/15 04:08 AM
January 5, 2015
by:  David Bailey, NMLS #658734
The FHA flipping waiver was not extended at the end of the year and expired December 31, 2014, so if you are looking at purchasing a home that the current owner has owned for 90 days or less, the property is not eligible for FHA financing.  Buyers, Realtors and investors need to keep this in mind when considering putting in an offer on a property or listing a property that was recently purchased.
What this means is that a buyer who wishes to use FHA financing must wait until the 91st day … (0 comments)

fha: FHA Flipping Waiver Expired December 31, 2014 - 01/05/15 04:05 AM
January 5, 2015
by:  David Bailey, NMLS #658734
The FHA flipping waiver was not extended at the end of the year and expired December 31, 2014, so if you are looking at purchasing a home that the current owner has owned for 90 days or less, the property is not eligible for FHA financing.  Buyers, Realtors and investors need to keep this in mind when considering putting in an offer on a property or listing a property that was recently purchased.
What this means is that a buyer who wishes to use FHA financing must wait until the 91st day … (0 comments)

 
David Bailey (RCS)

David Bailey

Fort Worth, TX

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