Comments on: FHA Relaxes Anti-Flipping Rule Starting February 1, 2010

By: Gomer Homingway

Gomer Homingway — Mon, 15 Feb 2010 02:30:36 +0000

FHA Relaxes Anti-Flipping Rule Starting February 1, 2010 http://bit.ly/cdi9DX

By: jayferguson

jayferguson — Sun, 07 Feb 2010 09:05:51 +0000

FHA Relaxes Anti-Flipping Rule Starting February 1, 2010 can this be good thing or not? - http://mytinyurl.com/50wqh7jt59

By: Travis Foote

Travis Foote — Sat, 06 Feb 2010 07:40:23 +0000

Great News for Investors! FHA Relaxes Anti-Flipping Rule Starting February 1, 2010 - http://bit.ly/b8C1hX

By: AgentGenius

AgentGenius — Fri, 05 Feb 2010 10:08:51 +0000

#agnow [...] had rises in inventory numbers, but perhaps FHA’s announcement this week that they would relax a... http://bit.ly/9OMuz1

By: PC & MAC Solutions

PC & MAC Solutions — Fri, 05 Feb 2010 07:23:08 +0000

FHA Relaxes Anti-Flipping Rule Starting February 1, 2010 http://bit.ly/a8hg3C

By: Number of U.S. Home Sale Listings Increases in January

Number of U.S. Home Sale Listings Increases in January — Fri, 05 Feb 2010 05:08:51 +0000

[...] had rises in inventory numbers, but perhaps FHA’s announcement this week that they would relax anti-flipping rules, the U.S. Treasury has vowed to improve the Home Affordable Modification Program and the end of [...]

By: Kathy Beam

Kathy Beam — Fri, 05 Feb 2010 03:58:10 +0000

RT @BHGrealestate: FHA Relaxes Anti-Flipping Rule Starting February 1, 2010 http://ow.ly/13U3e

By: Austin Real Estate

Austin Real Estate — Fri, 05 Feb 2010 00:12:35 +0000

http://teampra.com FHA Relaxes Anti-Flipping Rule Starting February 1, 2010 http://bit.ly/9KdLau http://teampra.com

By: Trish Peters

Trish Peters — Thu, 04 Feb 2010 23:51:11 +0000

RT @BHGRealEstate: FHA Relaxes Anti-Flipping Rule Starting February 1, 2010 http://ow.ly/13U3e ?Flippers! U're back in business!!!

By: Michelle Morris

Michelle Morris — Thu, 04 Feb 2010 23:41:50 +0000

RT @BHGrealestate: FHA Relaxes Anti-Flipping Rule Starting February 1, 2010 http://ow.ly/13U3e

By: Patrick Flynn

Patrick Flynn — Thu, 04 Feb 2010 18:38:14 +0000

Hey lani~I just wrote a similar post the other day pugetsoundrealestateundressed.neighborhoodsundressed.com/2010/02/02/seattle-real-estate-fha-anti-flipping-rule-waived-for-1-year/ and I have to agree with Stephanie and Joe this is all smoke and mirrors.

By: Joe Loomer

Joe Loomer — Thu, 04 Feb 2010 15:51:32 +0000

Completely agree with Stephanie. Same situation in our neck of the woods. Lenders don’t care what FHA approves or mandates, they have their own guidlines for minimum scores.

Another huge factor is they can remove the 90-day requirement all they want, but if the “fine print” mandates a “seasoning” period if the home is being sold in the same calendar year (longer in some areas) for more than 20% more than the original purchase price, there’s additional hurdles anyway.

Screams as to why HAMP is largely a failure, too.

Navy Chief, Navy Pride

By: Stephanie Crawford

Stephanie Crawford — Thu, 04 Feb 2010 06:41:32 +0000

From what I hear this new option may not be much help. Apparently it will be a HUGE issue for many banks to change/remove their existing overlaying under-writing guidelines in order to comply. Similarly, the new FHA rule that allows purchasers with lower credit scores to to obtain loans is a waste of time. I can’t find a single local lender who will accept a buyer under 600, most say 620…