We have just seen a change that some of the banks are enforcing. The FHA flipping rule that went into affect on 2/1/2010 states that if a seller lists and sells a house before 90 days of him purchasing the property and he sells it for over 20% of the seller's acquisition cost. The bank will requi
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03/19/2010
How did you answer these questions for your own business? Being confident in my business is__________________________________________. I know one of the greatest traits in a business partner is______________________. Within each of us is a hidden store of_______________________________________
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03/15/2010
Everyone thinks that the 90 day wavier to the flip rule opens the door to alot more purchases. Well Agents and Client's beware of the rules! I had a transaction that was signed on 2/1/10. Home is cuter then can be. The buyer was willing to pay what ever it took to get the home. The were multiple
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03/05/2010
