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FHA waives the 90 day flip rule

I received a nice email from Michael Neill of American Alliance Mortgage Company with the following fantastic news:

BREAKING NEWS!!!!!FHA WAIVES 90 DAY FLIP RULE

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

 In an effort to stabilize home values and [...]

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Buying Foreclosures from Banks

by Tony Pomykala, REALTOR, ePro
Sunrise Investments, www.HomeListingsArizona.com

Many people still don’t get it, so I’m going to try to explain it a little better here. 

The housing market evolves. When the market evolves, the buyers and sellers must adapt or be rendered ineffective.  That’s natural. That’s survival.

If you are trying to sell a house and no one [...]

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REO vs. Non-REO Sales by City (Foreclosures vs Other Sales)

Posted by Tony Pomykala
Sunrise Investments
www.HomeListingsArizona.com
Written permission granted from Ultimate Information Systems, Inc., to use this Copyright© 2009 material – Thanks to Bob Yarrow Sourced: AZ Regional Multiple Listing Service website. Information included here is deemed reliable, but not guaranteed.

ARMLS Reported Sales – Segments of Maricopa County – Single Family Detached – JUNE 2009

REO vs. [...]

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