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Best Expert Answer
Joe Wallace
10 months ago
FHA loans don't seem to address this circumstance directly, but in general you are free to sell or have the loan assumed as you wish. There is, however, an FHA anti-flipping rule that states that homes that are resold 90 days or fewer after purchase are not eligible to be purchased with an FHA mortgage. That would affect your sale of the home if the buyer wants to use an FHA loan. Lender standards and state law may also apply.
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