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.
The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunityFriday, March 26, 2010
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