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Government Suspends the FHA 90 Day Property Flipping Rule - Investors Avoid Seasoning Issues

June 15th, 2008 · 1 Comment

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Great News for property investors.. Your heard right!
In an attempt to lower the amount of homes on the market available for sale and assist in balancing out the heavy inventory of homes.. The White House temporarily suspends ruling that imposes a 90-day waiting period before foreclosed homes can be sold to receive [...]

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Tags: Foreclosure News

Foreclosures jump 57 % in last 12 months

June 1st, 2008 · No Comments

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Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments, real estate data firm…read more | digg story

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Tags: Foreclosure News · Uncategorized