From the category archives:
FHA Extends Waiver of Anti-Flipping Regulations Through 2012: In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration (FHA) Commissioner Carol J. Galante will extend FHA’s temporary waiver of the anti-flipping regulations. With certain exceptions, FHA regulations prohibit insuring a mortgage on [...]
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According to the Cromford Associates, LLC, as of November 18, 2011 from Arizona Regional Multiple Listing Service (Maricopa County): There were 27,344 Active Residential Listings; At the same time last year we had 45,798 Active Listings Of these Active Residential listings: 2,399 were Lender Owned- (9%) – same time last year: 8,733 (19.3%) 10,244 were [...]
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Navigating through the sea of Phoenix and Scottsdale Foreclosures, normal sales, and previously flipped homes, I have finally found the one that fits specifically to my client’s needs. Found a great home, very well done, in the 85254 Zip Code which is one of the nicest areas located in Scottsdale. It is tough when you [...]
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So if you don’t know about the FHA Anti Flip Rule Rumor: So I have heard rumors on the FHA anti flip rule, that is is getting abolished. I’m not sure but am hearing that they will be getting rid of the 90 day anti flip rule February 1st of 2010. If you do not [...]
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