The FHA rule prohibiting house “flipping” during the 90 days period after the home is acquired was reinstated in June 2015. http://bit.ly/2gNcPh3 Investors who use FHA guaranteed mortgages to acquire single family homes may not resell the property within the 90 day period, beginning on the day the deed was recorded. Beginning on the 91st […]
Saving Your KY Home From the Chopping Block. Can a Mortgage Modification Help?
Sat, Jun 8, 2013 by
It has been since around 2009 that there was positive news about the Kentucky real estate market, when it was reported that the number of foreclosures went down by 20%. However, since then there has been a gradual rise in the number of foreclosures with lenders sustaining huge losses, due to the inability of […]