The 90-day waiting period to resell properties bought at foreclosure for a profit has been temporarily lifted. The rule made no difference toward preventing or lessening the current debacle (it probably made it worse, hence the change), and it is the right thing to lift it. I say keep the lift permanent.
The 90 waiting period was [...]
Posts Tagged ‘flipping’
Flipping Rule Eased
Posted in Foreclosures, Investing, tagged flipping on June 14, 2008 | 3 Comments »