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12/29/11 05:40
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'In a somewhat surprising announcement, FHA has ann … ' Flipping Property

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In a somewhat surprising announcement, FHA has ann …

This forum post has messages dated from 11/29/10 through 03/04/11, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.

- Flipping Property

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Amargosa Valley, Nevada

In a somewhat surprising announcement, FHA has ann …

Thank author of this post/commentProperty flipping rule for one rule starting February 1, 2010, with regard to subsequent sales by purchasers. Here is the link ...flipping activity exists on property (as evidenced by multiple title transfers w/i 12 month) § Property marketed openly and fairly (Any ...property inspection and provides it to the purchaser. (Borrower may be charged for inspection.) § Waiver provides what the inspection must ...

#1

Marynor

There seems to have an increase in the cases of foreclosure and I think it is important that proper actions should be taken in order to lessen this case. The seller and the buyer must have a fixed agreement on buying a property in order to avoid cases of foreclosure. I think the creation of the waiver that was in the post will make it more formal as well.


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