FHA Extends Anti-Flipping Waiver through 2012

Just sharing some important information with my fellow Real Estate Friends:

In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosures activity, the FHA on Dec. 29, 2011 extended a temporary waiver of its anti-flipping regulations through Dec. 31,  2012.  The decision will allow buyers to continue to purchase homes with FHA-backed loans from real estate investors who have owned the properties for less than 90 days. 

For more information please visit:  HUD.GOV 

As I get more updates I’ll make sure to pass them along.  We hope you all exceed your goals this year!


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Jennifer Ferri, Owner

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