As I understand it FHA will no longer impose the 3 month waiting period for investors to "flip" / resell homes that they have renovated, making it easier to get more loans through quickly. As long as the flippers out there realize, they need to be realistic in their asking prices so that they are
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01/26/2010
Some of you may know that lenders are trying to replace appraisals with BPO's...why? Cause they are cheaper of course. In the State of Georgia and Virginia and maybe others it is illegal for a Realtor to practice in the capacity of and appraiser without an appraiser's license. It should be il
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01/25/2010