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Denver, CO, March 23, 2010 90-Day HUD Flipping rule Relaxed
With the numerous foreclosures, the U.S. Department of Housing and Urban Development (HUD) had enacted an anti-flipping rule which would not allow the resale of a residential property within 90 days of purchase. The mindset was that this would curb rapid escalations of home prices, which in turn over states an area's value. Unfortunately, this measure actually hindered the renovation of properties in communities with many bank-owned and foreclosed homes, as well as continued the cycle of lowered home prices and more foreclosures. |
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 Denver, CO, January 11, 2010
Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales
Rebecca A. Thompson with Keller Williams Action Realty has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows. |
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