90 Day FHA flip rule waived for 1 year!

Effective February 1st 2010, FHA/ HUD will not require that a seller of a property be on title for 90 days or more in order to sell the property to a borrower acquiring FHA financing.  You can view it yourself here:

http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf