FHA extends anti-flipping rule for additional year
by Ben Nicolas
on Wednesday, January 19th, 2011 at 8:30am.
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