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Blog post: Conditions of HUD 90 Day Rule RemovalThis forum post is dated 10/30/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it. - Property Inspection
| Blog post: Conditions of HUD 90 Day Rule Removal Property to sit vacant over a 90-day period of time. The policy change will permit buyers to use FHA-insured financing to ...property (Underwriting will look for any transaction in which there is an indication of an assignment the the contract) * The ...property is 20% or more over and above the sellers acquisition cost, the increase must be documented and/or a second appraisal ...property to substantiate the increase in value. Our DE underwriters will require detail lists and the cost of all renovations plus ...property is 20% or more over and above the sellers acquisition cost, HUD also requires a property inspection which must be |
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