Industry News

HUD releases new anti-flipping rules

Homes sold within 90 days of purchase ineligible for funding
Published on Jun 13, 2006

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by CareyBot

Only the actual owner of a home can sell that home with Federal Housing Administration financing, and in an attempt to discourage flipping, homes sold within 90 days of purchase won’t be eligible for FHA financing, the U.S. Department of ...

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