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FHA lending

FHA Waives 90 Day Flip Rule

by benjaminteam on January 16, 2010

in East Phoenix Valley and Gold Canyon Real Estate

The govt has announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. This move was in an effort to stabilize home values and improve conditions in communities where foreclosure activity is high.
The waiver will take effect on February 1, 2010 and is effective [...]

Tagged as: arizona foreclosures, FHA lending, flipped property

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