Jerry Wright's (jerrywright) Blog

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Mortgage and Lending - Absolute Mortgage

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2010 

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In the past a borrower could not buy a house that the current owner had owned for less than 90 days.  The new borrower could not even make the offer until the owner had owned the property for 90 callendar days.   On January 15, 2010 FHa released a proposal to waive the 90 day rule for a period of...
01/19/2010
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