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Tuesday, December 4, 2012

FHA extends flipping waiver through 2014

FHA extends flipping waiver through 2014
This allows investors to sell properties that had been acquired in the previous 90 days, no waiting required if buyer obtains a FHA laon.

Home prices rise by most in 6 years

Home prices rise in Oct. by most in 6 years
Prices of U.S. homes rose compared to a year ago, in 45 U.S. states, the only exceptions were Illinois, Delaware, Rhode Island, New Jersey and Alabama.