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FHA “Flipping”

If you’ve ever flipped a home, or thought of flipping a home, you’ll want to constantly stay informed.  The real estate industry is constantly changing.  We just got the news that FHA (Federal Housing Authority) extended the “flipping” waiver through 2014!   FHA  has a rule that forbids “flipping” – executing a new sales contract for a home with an FHA-insured mortgage in 90 days or less. Read the rest of this entry