FHA Flip Rule

[Mark Spidell]

This FHA 90 day flip rule certainly causes confusion.

I am getting conflicting info of which date to go by as far as the acquisition date to use for this time measurement.  

My deed is dated as of 6/10/16, which gets me to the 91 day mark this week.  I have a full price offer on the line.  

However, the deed was not recorded at the county until 7/1/16, which put me at 9/30/16.  The delay related to the settlement company being backed up as well as a problem with a signature.

Which do I go by? 

[Russell Brazil]

You go by the day of the actual deed. That is when the house was sold. When it is recorded could be up to 6 months later depending on how busy the county is recording deeds.