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Blog post: Good News on FHA Property Flipping Policy for Sales Price Exceeding 2This forum post is dated 11/11/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.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: Good News on FHA Property Flipping Policy for Sales Price Exceeding 2 Property is fully executed and dated between Feb.1, 2010 and Feb.1, 2011. LLC?s, corporations, or trusts that are serving as sellers ...property can be found in the appraisal report). The property was marketed openly and fairly, via MLS, auction, For Sale by ...property is over a 20% increase. It must have a 2nd appraisal and the seller will be required to pay for ...property to substantiate the increase in value or, in case where no work is performed, the appraiser provides appropriate explanation of ...property value since the prior title transfer; and Orders a property inspection and provides the inspection report to the purchaser |
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