FHA – Timeline for Flipping Rule – What exact date does FHA use to determine the 90-day rule for property flipping?

Answer: Per the guideline below, you have to measure from the date the seller legally owned the property to the date the buyers executed the sales agreement.  You will need to discuss what constitutes ‘legal ownership’ in the subject property state with your company’s management or in-house attorney.  I can’t provide that information, as this […]

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