|
 |
|
|
|
|
|
 |
|
|
Welcome to the Brettin Law Office bloG, an occasional source of news, opinion, and viewpoint of the author on topics specific to current business and law interests. Posts are intermittent as time permits. These BLOG posts are to be read as commentary, not legal opinion, and do not form the basis of a lawyer-client relationship. Please call 206-522-7100 if you have questions about any BLOG post content, or if you would like to speak with a lawyer on a topic appearing in the BLOG. Thank you . Lee February 12, 2010
Effective February 1, 2010, FHA has suspended the 90 day anti-flipping rule. The waiver is limited to a sale within the 90-day period if the property is acquired through foreclosure, and is effective for a period of one year, with regard to sales of properties acquired by mortgagees, whether sold directly by the mortgagees or by their subsidiaries or by vendors to whom they have transferred titles to properties for the purpose of effectuating sales of those properties. This change of position will help facilitate more positive movement in the housing market and in particular will help first-time home buyers. No Comments » No comments yet. RSS feed for comments on this post. Leave a comment You must be logged in to post a comment. |
|
* Grizette = grist-gazette. The BLOG, and other content of this website, is not legal advice, please do not view it as such. The BLOG posts do not form the basis of an attorney-client relationship, actual or implied.
Home | Practice Areas | Attorney Profile | Resources | Contact
|
|