Lake Tahoe Incline Village real estate news. FHA Waives Anti-Flipping Rule Through Year-End to Speed REO Sales.
FHA Waives Anti-Flipping Rule Through Year-End to Speed REO Sales. According to FHA, the waiver contains strict conditions and guidelines to prevent the predatory practice of property flipping, in which properties are quickly resold at inflated prices to unsuspecting borrowers. Among these conditions, all transactions must be arms-length, with no link between the buying and selling […]