FHA Extends 90-day Seasoning Waiver
FHA recently extended the 90-day seasoning waiver which now allows real estate agents to list and sign contracts immediately upon property acquisition by an investor. Filed under: investor, LOan...
View ArticleHere are the things you need to know about this waiver:
1. The extension is effective for all sales contracts executed on or after 2/1/11 through 12/31/11, unless otherwise extended or withdrawn by FHA. 2. All transactions must be arms-length 3. Must be no...
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