http://foreclosedhomesin.com/fannie-mae-foreclosure-purchase.htm Thu, 11 Mar 2010 18:49:43 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://foreclosedhomesin.com/fannie-mae-foreclosure-purchase.htm/comment-page-1#comment-376 dan a Tue, 14 Jul 2009 18:42:24 +0000 http://foreclosedhomesin.com/fannie-mae-foreclosure-purchase.htm#comment-376 From my interpretation, sounds like it saying that you cannot sell the property for more than $150k before 3 months of the purchase and you cannot mortgage the property for more than $150k before 3 months. It is put into place to discourage "flipping" the house. I would advise speaking with an attorney for a exact interpretation. From my interpretation, sounds like it saying that you cannot sell the property for more than $150k before 3 months of the purchase and you cannot mortgage the property for more than $150k before 3 months. It is put into place to discourage "flipping" the house. I would advise speaking with an attorney for a exact interpretation.

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