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FHA Waives 90 day No Flipping rule for ONE YEAR!

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Home Builder with Handyman Services

FHA Waives 90 day No Flipping rule for ONE YEAR!  This is great news for us in the Real Estate market in Virginia, Maryland and the District of Columbia.

We come across so many deals that are turned down because of the flipping role.  The new waiver, which takes effect on 2/1/10 should help heat up the market a little more.

Please let me know if you need a copy of the Waiver Requirements.

www.georgetownmortgage.net

 

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Bridget Cella
Re/Max Connection - Sewell, NJ
e-Pro, Realtor

Great news!  Hoping for a great 2010~!

Jan 18, 2010 12:36 AM