Good news for single-family home investors, rehabbers and buyers seeking to use FHA financing – the temporary waiver of FHA’s 90-day “anti-flipping” rule was extended last week through 2014.
Since 2011, FHA has made annual extensions of its waiver. This year, FHA extended the term for two years in order “to provide greater levels of certainty” for lenders and buyers, removing questions about whether, and for how long, the waiver would be continued.