New FHA Financing Rule

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Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

Sure is nice to see that the Government has relaxed the 90 day "flip rule"!     With all of the first time homebuyers flooding the market again, in the price range they can afford, you only view short sales and bank owned properties that need alot of work.     These first time homebuyers do not have additional cash to make these repairs needed to live in a new property.

This new rule - glad to say - is in effect for one year!

 

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Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

This rule sure assisted many investors that were purchasing only to flip!

Feb 04, 2015 05:09 AM #1
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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