Cases Not Subject to Property Flipping Rules
  
 

The 90-day flipping rules do not apply to foreclosures within the last three years.  Also, the automatic 90-day property flipping exemption remains in effect for cases with any of the following characteristics:

  
 
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 Program Type is REO (HUD Real Estate Owned)  
 
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 Program ID is 36 Construction/Permanent  
 
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 Construction Type is Proposed or Under Construction  
   

 In addition, authorized HUD personnel can manually waive the 90-day property flipping rule for FHA case numbers assigned before September 15, 2015 that are deemed eligible for the property flipping waiver.
       
   
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