The temporary waiver of FHA’s 90-day “anti-flipping” rule has been extended

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.