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Posts Tagged ‘seasoning’

Posted in Blog on April 7, 2010

FHA, Seasoning and How it Applies to Investors

As some of you may know, selling a property you have owned for less than 90 days to an FHA buyer has been virtually impossible for the past few years due to HUD seasoning guidelines. On January 15, 2010 David Stevens, the Assistant Secretary for Housing, waived the existing guid ... Continue Reading

Posted in Blog on January 18, 2010

90 DAY SEASONING LIFTED….

HUD No. 10-011 Lemar Wooley (202) 708-0685 FOR RELEASE Friday January 15, 2010 HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties WASHINGTON – In an e ... Continue Reading