Here is some good news for anyone flipping properties. The FHA is waiving it's anti-flipping rules and will now insure mortgages on properties that have been owned by the seller for less than 90 days. The waiver is in effect until June 2009.
Full details here.
Results found at > Home > foreclosure > mortgages > Good News For Flippers!
Monday, June 30, 2008
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