Colorado Real Estate Investing

FHA Waives 90 Day Rule for 1 year

January 17, 2010 · Leave a Comment

Effective Feb 1, the Housing and Urban Development Department will waive for one year an FHA rule that prohibits insuring a mortgage on a home owned by the seller for less than 90 days, giving FHA borrowers access to a broader array of recently foreclosed properties.

Categories: William Bronchick · real estate investing

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