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January 28, 2010

HUD Opens the Foreclosure Floodgates

Filed under: Podcast — judson @ 1:12 pm

No More 90 Day Seasoning

On today’s special edition of Wha’ts News we discuss the new HUD temporary lift on 90 day seasoning to finance homes.  This is going to be big for real estate investors who buy foreclosed homes and then want to fix and sell them quickly.  No more waiting forever to get your homes sold.  It will also help neighborhoods begin to see re-stabilization after being hit hard by foreclosures and vacant homes.

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