FHA extends anti flipping waiver through 2012 end
The FHA renewed a temporary waiver of its 90 day ownership rule for FHA loans on flipped homes through December 31 2012. The move aims to stabilize prices and aid communities hit by foreclosures though strict conditions remain including arm’s length transactions and justification for price increases. In Irvine impact appears limited with only 5.46 percent of local 2011 sales using FHA financing. Cathy Haney, local broker, can be contacted for more details.
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Irvine World News staff and contact details
A staff contact list for Irvine World News at the Orange County Register includes editor Theresa Cisneros sports editor Tim Burt reporters Jeff Overley Brian Martinez and a team leader Paul Danison. It provides phone numbers and emails for staff and advertising, with submission guidelines for pictures entertainment events announcements and obituaries.
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Irvine asks residents to recycle Christmas trees at Sunset Environ
IRVINE residents can curbside drop trees for regular pickup or bring them to Sunset Environmental at 16122 W. Construction Circle through Jan. 17. The trees will be chipped into mulch and used as alternative daily cover at the landfill to prevent fires and odors while discouraging scavenging. Clark, Waste Management community relations representative, explains the program.
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