(Policy available at http://www.freerealestatetraining.com/
"FHA's new policy allows real estate investors and other real estate professionals to acquire and instantly resale foreclosure properties to buyers using FHA financing, " says Bryan Ellis of http://www.FreeRealEstateTraining.com. "FHA's previous policy was designed to prevent real estate investors from profiting on properties that are bought and sold very rapidly."
The new policy is aimed at allowing real estate investors - and the significant liquidity that they bring - back into the resale market.
"It has long been the view of real estate investors that the government's campaign against real estate 'flipping' has been ill-advised. Real estate investors are able to acquire property, add value and improve market liquidity, and real estate 'flipping' is a primary avenue through which these results are achieved" says Ellis.
FHA's new policy is short-term in nature, being limited to one year only. Ellis expects real estate investors and public policy groups to campaign for the extension of the policy.
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