Federal Housing Administration has extended the time they will allow sellers who have owned for less than 90 days to re-sale a property. I'm assuming the same restrictions as before will exist (i.e. 20% max appreciation, full home inspection by lender, 2 appraisals etc., etc.) If you are interested in finding out more info on this topic please call me at 310 874-1278 http://www.latimes.com/business/realestate/la-fi-harney-20110116,0,6473194.story This is good news for Real Estate Investors, First-Time Homebuyers and the Real Estate market in general. Which basically means this is good news for the overall economy.
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