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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Proposed HUD "flipping" rule Posted by Matt Timmons on September 14, 2001 at 6:09 AM Ward, Have you had a chance to analyze the implications of the proposed HUD rule that would require a seller (i.e, investor) to hold a property for at least 6 months before it could be purchased by an FHA financed buyer? There are case-by-case exception, but it doesn't look good to me. Other than the exceptions, which really don't even allow for the reality that the seller's price might be right at FMV, do you see a way around this if it becomes law? Thanks Proposed HUD Rule Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : Have you had a chance to analyze the implications of the proposed HUD rule that would require a seller (i.e, investor) to hold a property for at least 6 months before it could be purchased by an FHA financed buyer? There are case-by-case exception, but it doesn't look good to me. Other than the exceptions, which really don't even allow for the reality that the seller's price might be right at FMV, do you see a way around this if it becomes law? : Thanks Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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