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Property-flipping rule suspended

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Mike Boyd

Elite Member
Joined
Jan 18, 2002
Professional Status
Retired Appraiser
State
California
Still need two appraisals for FHA.

I think this applies only if the proposed loan will exceed the REGULAR loan limits for that area. However, I have not seen anything relative to sales of repos and two required appraisals. If you have, please let us know.
 
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