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...and look at the sales history for that place! And it's pending!
permanent_marker
@
2010 Jan 20, 9:04am
@ permanent_marker,
I got the answer for you. The seller is a flipper. He recently bought this home from US Bank. Due to the recent changes in real estate laws, FHA will not finance this home because the seller has not owned it for at least 6 months. The government changed the laws the curtail real estate speculators and flippers.
THANK YOU. This is what I was looking for.
grywlfbg
@
2010 Jan 20, 3:04pm
Unfortunately, as of February 1st, that is no longer true:
http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf
The game is fracking rigged people
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Take a look at this:http://www.redfin.com/CA/San-Jose/1625-Ridgetree-Way-95131/home/1199569says no FHA financing.Have you seen this before? Â What could be the reason behind it?