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Category: Finance and Credit Current Grade: B Total Views: 233 Member Comments: 0 |
Posted on: 04/13/2010 Posted by: dohardmoney Blog Points: 213 View all blogs >> |
FHA has announced changes of what has been know as the FHA 90 Day Rule. Basically FHA would require that an owner has been on title for 90 days prior to a new buyer being able to purchase the property with an FHA loan. HUD announced a temporary waiver to lift these restrictions for the next 90. These changes go into effect February 1, 2010. This Change will expedite Rehab and Retail transactions on foreclosure properties. Over the next weeks we will help you understand how this new change can help you as a real estate investor.
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Ryan G. Wright
DoHardMoney.Com
Apply for loans here: http://www.dohardmoney.com/loans/residential-loan-application
Ryan G. Wright
DoHardMoney.Com
Apply for loans here: http://www.dohardmoney.com/loans/residential-loan-application

