What’s NewExpiration of the Federal Housing Administration’s Property Flipping WaiverToday, the Federal Housing Administration’s (FHA) Office of Single Family Housing announced that the temporary waiver of FHA’s regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition, expires on December 31, 2014.

The greatest wealth migration we have seen in over fifty years is now occurring.Let's rewind to December 2008 when the recession was officially announced.

I googled the owners name for an obituary and came across the funeral announcement.

And announced those intentions on the internet...

It citedFBI survey data that found that the city's metropolitan area had a significant rate of violent crimes: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault.[61][62]According to Detroit officials in 2007, about 65 to 70 percent of homicides in the city were drug related.[63] The rate of unsolved murders in the city is at roughly 70%.[64]City finances[edit]Further information: Detroit bankruptcyOn March 1, 2013, GovernorRick Snyder announced the state was taking over the financial control of the city from the local government.[65] The state is requesting a review team to look over the financial state of the city and determine if an emergency manager is needed to take over control of city spending from city council.[65]On March 14, 2013, Michigan's Local Emergency Financial Assistance Loan Board (ELB) appointed an emergency financial manager, Kevyn Orr, effective on March 25, 2013.[66] In mid-May 2013, Orr released his first report on Detroit’s finances since he took the job.[67][68] The results were generally negative regarding Detroit’s financial health.[67][68] The report said that Detroit is "clearly insolvent on a cash flow basis

Much will be undefined and some aspects are as to what is generally accepted, what has been defined by agencies in bulletins or announcements.

BUT, my area has increased greatly since 2010 when I purchased the home, and the equity is there.I am in the same boat right now, I just asked a question about Fannie Mae's 97% LTV loan that was announced back in December.

Last week we announced the launch of our mobile-friendly forums.  

I wrote in red ink one time and she yelled at me telling me that red ink was only to announce death.

@Patrick Fernandes I think they announced they were going to a few years ago but it doesn't seem to be active any more or never got off the ground.