1/15 HUD releases exciting news eliminating 90 day FHA seasoning

Foreclosures, Short Sales, Tax Foreclosures
1

This was just released by HUD Jan 15, 2010 Does anyone know how to post an attachment to this forum? It’s in PDF format so I cannot copy and past.

2

just post the link

3

http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf

i’m surprised there isn’t more talk of this. this is good news but i would like to hear more feedback before i get on the horn and call all my FHA buyers that wanted to put offers on my short sales ;]

4

I have my Attorney breaking this down right now. If you want to know what he comes up with let me know. I still say BUY THE NOTE!

5

i sent to my attorney as well. i would, however, also like to hear what yours says. please inform when you hear back.