Posts tagged as:

property flippers

Fannie and FHA Pushing the Sales of Foreclosures

by Moe Bedard

Starting today home “Flippers” are now welcome at the FHA.

That’s right, with a glut of foreclosures plaguing the nation’s neighborhoods, the FHA is temporarily removing restrictions on investors who buy and sell homes within 90 days.

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Home Flippers Back to Business as Usual

by Moe Bedard

It’s hard to know what to make of this. Some people are looking to buy a home — that’s understandable, given that everybody needs shelter. And some people are looking to invest money with a long-term time horizon. And some people even fall into both categories at once. But that’s no reason to desperately try [...]

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