: 90 Day FHA Flip Rule has been waived for 1 year!

90 Day FHA Flip Rule has been waived for 1 year!

FHA 90 Day Flip Rule Is Waived for 1 Year

HUD has ruled on waiving the 90 day seasoning financing contingency for buyers. What does this mean? 

Effective February 1st 2010, FHA/ HUD will not require that a seller of a property be on title for 90 days or more in order to sell the property to a borrower acquiring FHA financing.  This is an incredible opportunity for the majority of buyers & sellers in today's market.

Investment Properties, Flips, Foreclosures, Short Sales

This news is an important decision handed down by HUD as it propsed to dramatically assist the real estate market recovery. (READ MORE)

Comment balloon 0 commentsTed Canto • January 16 2010 02:09PM

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