FHA flip rule is extended to keep buyers purchasing fix and flip properties in Phoenix, Az Having someone that has been in the power seat for FHA throughout the past few years was crucial to understanding the housing market and
Read more →
One issue we have with the housing market is that many homeowners in financial distress decide that it’s the banks fault for not helping them when they need it and then damage the properties once given notice to vacate the
Read more →
Early last year FHA waived a rule that stated the seller of real property must be on title of the home for at least 90days before a new borrower could purchase the house using an FHA insured mortgage. This rule
Read more →
The FHA loan is making another change for the worse! Effective December 18th HUD is putting new restrictions on flip properties. Flip properties are defined as a property that is being sold by a seller who has owned the property
Read more →
