http://varealestatetalk.com/2009/04/29/house-flippers-do-you-know-about-the-fha-90-day-rule/ A Peek at Life & Real Estate in Northern Virginia Mon, 30 Jan 2012 13:39:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://varealestatetalk.com/2009/04/29/house-flippers-do-you-know-about-the-fha-90-day-rule/comment-page-1/#comment-275 LVHudFha Tue, 12 Jan 2010 12:57:05 +0000 http://varealestatetalk.com/?p=489#comment-275 Thank you for sharing all this. I really hope that they do something about this. Thank you for sharing all this. I really hope that they do something about this.

]]> http://varealestatetalk.com/2009/04/29/house-flippers-do-you-know-about-the-fha-90-day-rule/comment-page-1/#comment-274 cindyjones Tue, 05 May 2009 15:02:22 +0000 http://varealestatetalk.com/?p=489#comment-274 Reny-I'm glad the post helped you. As I am sure you are finding out there are more and more flips showing up in the PW market and I suspect even some of the unsavvy investors are getting a surprise when they find out the property doesn't qualify for FHA financing. Reny-I’m glad the post helped you. As I am sure you are finding out there are more and more flips showing up in the PW market and I suspect even some of the unsavvy investors are getting a surprise when they find out the property doesn’t qualify for FHA financing.

]]> http://varealestatetalk.com/2009/04/29/house-flippers-do-you-know-about-the-fha-90-day-rule/comment-page-1/#comment-273 Reny Tue, 05 May 2009 14:56:48 +0000 http://varealestatetalk.com/?p=489#comment-273 Very good piece of information! In fact, I was just checking a property in Woodbridge, Va which looked very nice. Then, I checked couple of things. Firstly, it is way over its assessed value. Secondly, it was purchased for little and now being sold for three times as much. And lastly, the owner flipping this property is a real estate agent! Needless to say, he very carefully tiptoed around the 90 day rule by indicating "no FHA loans..." Had I not read your blog, I would have made a big mistake making an offer for this property! Very good piece of information! In fact, I was just checking a property in Woodbridge, Va which looked very nice. Then, I checked couple of things. Firstly, it is way over its assessed value. Secondly, it was purchased for little and now being sold for three times as much. And lastly, the owner flipping this property is a real estate agent! Needless to say, he very carefully tiptoed around the 90 day rule by indicating “no FHA loans…” Had I not read your blog, I would have made a big mistake making an offer for this property!

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