Thinking of investing in homes around Park City or the Heber Valley?

Posted by Derrik Carlson on Monday, December 15th, 2014 at 2:25pm



If you are an investor in Park City or the surrounding area of Midway, Heber, Kamas call me to discuss the the Big Investor News.  FHA has allowed the flipping waiver to expire.  Over the past few years the Federal Housing Administration (FHA) has not allowed a home to be resold within 90 days of the previous purchase which has caused some headaches for potential buyers and extra holding costs for investors. A property has not been able to be sold within 90 days of the previous purchase even after all updates, repairs are done, and there is a ready and willing buyer.  The waiver expires on 
12/31/2014.  

Derrik Carlson

(435) 200-5478

carlson@realestateinparkcity.com

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