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Category: Investors

FHA Waives 90 Day Flipping Rule

HUD Secretary Shaun Donovan announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. In an effort to speed the resale of foreclosed properties to new owners, HUD has decided to waive the 90 day flipping rule. They are hoping that this will bring [...]

Tips for Getting Those Foreclosure Deals in Northern Virginia

Author: Tyler

When you’re not careful, buying a REO or Short Sale can drain your bank account. REO or bank owned properties can have major complications without inspections and short sales can take forever to close, wasting your time. Be smart if you’re looking to buy a foreclosure in Northern Virginia.