FHA 90 day waiver, not for us!
Posted in Everyday Stuff on Sep 25th, 2009
The new FHA 90 day seasoning waiver is not for us investors. That only applies the cities and other government agencies (or companies that work for them) to sell homes without having to wait out the 90 day re-sale period. http://www.hud.gov/offices/hsg/sfh/waivpropflip.pdf, Specifically: Section 203.37a(b)(2) of the FHA regulations. 24 CFR, is hereby waived for a [...]