The waiver applies to all sales contracts executed on or after February 1, 2010, until 11:59 PM, December 31, 2014.FHA deems a sales contract to be executed when all parties to the contract have signed the contract, and the contract is enforceable under the law of the state the property is located.Mortgages that are made on properties in which sales contracts have been executed after 11:59 PM, December 31, 2014, are not eligible for a waiver of the regulation prohibiting property flipping.FHA will not extend the waiver beyond December 31, 2014.Section 203.37a(c) lists the sales transactions exempt from this rule.The exempt transactions include sales by HUD of real estate-owned (REO) properties under HUD’s regulations in 24 CFR part 291, sales by other federal agencies of REO properties, sales of properties by nonprofit organizations that have been approved to purchase and resell HUD REO properties, sales by state - and federally - chartered financial institutions and government sponsored enterprises (GSEs), and, upon announcement by HUD through issuance of a notice, sales of properties in areas designated by the President as federal disaster areas.The regulation, including its exemptions, is still in effect.Quick Links and ResourcesReview the Federal Register Notice (Docket No.

I waited patiently but it has to come out. Are your tired of Dodd-Frank, afraid of losing mortgage deductions worries about raising capital gains ,anti-flipping laws.Worried about the fed trying to deflate real estate...

As you push the HOA to take action, it is more than likely that you'll find yourself sitting on the board, if not holding the office of President.  

What would you advise me to help our HOA President and other owners to understand we should get this and will need to pay for it?

I got a major equity stake and was president.. ran that for 6 years.. 50 million HML in Bay area.disaster struck in 1989 to 1990  and I sold out in 1992  remember earth quake and war.Bay area took a huge hit then.I then through a sheer luck.. met my future bizz partner around the pool in Maui.. and I got in the timber business in Oregon I lived in Napa valley and commuted form 92 to 2001.. that was a GREAT run and one of the best business I have ever done.went into buying foreclosure in Oregon in 2001 it got uber competitive when trustee info become available on the net.. moved those funds back to HML  ( in those day I just wrote a letter ot the state and got a Mortgage bankers license no test required)  ran that company up to 35 to 40 million then got my postier handed to me in 2008 to 2010 and then put together a company to buy distressed assets.. ran that up to 350 homes form 2010 to 2013 got bought out and had a nice liquidity event.. now I just build houses in Oregon and Charleston and do JV deals with folks in 12 states.

I am a managing member of IPM Real Estate, a real estate brokerage in the state of Indiana, President of Indianapolis Property Management & Managing Member of Solaris Property Group, a licensed General Contracting Company in the state of Indiana.We specialize in out of town / out of country property management.  

Figured this is my shot to get involved, so i contact the bank directly mind you this is a local bank 6 branches tops in a small area of southern NJ, after talking to a few people I'm now talking directly to the assistant vice president, so I've been talking to him since April, explained my interest in purchasing the property and willing to submit an offer, he tells me they are still working on this and it's not ready for sale yet, every few weeks i call and ask when is this property going to be available the answer seemed to be the same "we are looking for a listing agent" or "Probably going to be listed by the end of the month" after months of endless phone call i contact him again in July, suddenly his realtor listing soon to come talk had changed and his exact words were that the bank had considered taking offers!

Hi, My name is Agbora Naanee I'm here to learn about RE investing. I know there is a lot to learn, however, I am ready to dive right in head first.I am looking to make some networking connections as well as to learn a...

I just closed on a san antoino property with Sam SharpSam SharpSenior Vice President of Mortgage [email protected]/SamSharpo: 773.290.0455 - m: 312.217.4030 - f: 773.516.6056I finished 3 deals with Steve (1 texas, 1 Indiana, 1 tennessee)Steve Bighaus | Senior Loan OfficerNMLS 112825SecurityNationalMortgage Company Co NMLS 31161604 Hewitt Avenue, Suite 703Everett, Washington, 98201(206) 930-1801 mobile(425) 903-5647 direct(888)409-0489 [email protected]://www.teambighaus.com/

I have talked to hundreds of banks and many vice presidents and presidents before.