HUD poised to extend investor flip waiver

HUD poised to extend investor flip waiver

HUD is set to extend the waiver on anti-flipping of REOs.  Put simply, that means that Investors will be allowed to flip HUD homes for another 2 years at least.  That's because the agency expects so many more REOs to hit the market, that they need all the help they can get from buyers to take them off the market in the coming 24 months.  So they are giving an incentive to investors to buy REOs, fix them up and re-sell them.  HUD says "Waiving the FHA regulation on property flipping will help stabilize neighborhoods. So if you are bidding on HUD REO homes to flip there is still light at the end of the tunnel.


Michael Bray Headshot
Author:
Phone: 915-549-1770
Dated: December 18th 2012
Views: 2,098
About Michael: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

May 7 2017 1332 1 - First Quarter numbers for the El
Hidden Mickeys On My Landscapping -  If you clicked on this you&
The Stress On Pets When You Move -  love my dogs! But after all
Home Sales Rebound - Pending home sales rebounded last

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Exit Realty El Paso
299 Shadow Mountain
El Paso, TX
915-209-4787
915-585-9599

Other Locations