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Special Alert for Realtors… FHA Sunsets the “Flip Waiver”
I hate to remind you of bad news, but better to know than put your seller or buyer’s “foot in it”. Starting January 1, 2015, FHA is eliminating its Flipping Waiver. Below are the critical time frames : Re-sales occurring 90 days or less following acquisition. If the...
When is the Best Time to Buy or Sell a Home?
A client asked me, “When is the right time to buy?” This is a very interesting question, and goes hand-in-hand with the question, “When is the best time to sell?” Over the years there have been theories about winter, or spring, or fall. Growing up in Canada, where...
Termites!
Termites! I got a question from a Realtor today asking if the termite company doing the work on a condo was “VA approved”. This is a really good question. Most people think the VA and FHA have to approve of everything but they DO NOT. Great news. The VA has no...