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  • June 17, 2009 at 5:52 PM #417677
    (former)FormerSanDiegan
    Participant

    Prior to this, how often were homes sold to FHA buyers that were also purchased within 90 days prior to that FHA purchase ?

    I think this is only a major problem for the commercial flippers (e.g. Bruce Norris) who have the machinery in place to rehab properties within 30 days or less. Still, they have to market and get it sold.

    It is not really a removal of buyers from the pool, more like a removal of available properties and an increase in the time (and therefore money) required by the flippers.

    June 17, 2009 at 6:28 PM #416961
    SD Realtor
    Participant

    I don’t believe this will affect the buyers pool at all. I do not know of many FHA flippers. Correct that, I know of no FHA flippers. I do know of many short sales and reo properties that will not work with FHA.

    Furthermore many FHA buyers get scorched when going up against conventional financed buyers.

    June 17, 2009 at 6:28 PM #417197
    SD Realtor
    Participant

    I don’t believe this will affect the buyers pool at all. I do not know of many FHA flippers. Correct that, I know of no FHA flippers. I do know of many short sales and reo properties that will not work with FHA.

    Furthermore many FHA buyers get scorched when going up against conventional financed buyers.

    June 17, 2009 at 6:28 PM #417459
    SD Realtor
    Participant

    I don’t believe this will affect the buyers pool at all. I do not know of many FHA flippers. Correct that, I know of no FHA flippers. I do know of many short sales and reo properties that will not work with FHA.

    Furthermore many FHA buyers get scorched when going up against conventional financed buyers.

    June 17, 2009 at 6:28 PM #417525
    SD Realtor
    Participant

    I don’t believe this will affect the buyers pool at all. I do not know of many FHA flippers. Correct that, I know of no FHA flippers. I do know of many short sales and reo properties that will not work with FHA.

    Furthermore many FHA buyers get scorched when going up against conventional financed buyers.

    June 17, 2009 at 6:28 PM #417686
    SD Realtor
    Participant

    I don’t believe this will affect the buyers pool at all. I do not know of many FHA flippers. Correct that, I know of no FHA flippers. I do know of many short sales and reo properties that will not work with FHA.

    Furthermore many FHA buyers get scorched when going up against conventional financed buyers.

    June 17, 2009 at 8:16 PM #416976
    JACKQLYN
    Participant

    SD Realtor, I have a scenario I would love to present to you for analysis.

    June 17, 2009 at 8:16 PM #417212
    JACKQLYN
    Participant

    SD Realtor, I have a scenario I would love to present to you for analysis.

    June 17, 2009 at 8:16 PM #417474
    JACKQLYN
    Participant

    SD Realtor, I have a scenario I would love to present to you for analysis.

    June 17, 2009 at 8:16 PM #417540
    JACKQLYN
    Participant

    SD Realtor, I have a scenario I would love to present to you for analysis.

    June 17, 2009 at 8:16 PM #417701
    JACKQLYN
    Participant

    SD Realtor, I have a scenario I would love to present to you for analysis.

    June 17, 2009 at 8:19 PM #416981
    SD Realtor
    Participant

    Present away Jackqlyn!

    June 17, 2009 at 8:19 PM #417217
    SD Realtor
    Participant

    Present away Jackqlyn!

    June 17, 2009 at 8:19 PM #417479
    SD Realtor
    Participant

    Present away Jackqlyn!

    June 17, 2009 at 8:19 PM #417545
    SD Realtor
    Participant

    Present away Jackqlyn!

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