Josh Coplan Explains New FHA Flipping Rules On The Front Page Of East Valley Tribune

Posted by relocateaz on Mar 3, 2010 in Community, Foreclosure, Gilbert, housing market | 20 comments

A recent policy change by the U.S. Department of Housing and Urban Development is encouraging flipping to foster more sales of foreclosure homes.   This is a major shift in policy, as the regulations until now required a home to be on the market for 90 days before a home could be flipped. “Flipping” Coplan said,...