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trade-in
(redirected from trade-ins)

   Also found in: Dictionary/thesaurus, Encyclopedia 0.01 sec.
trade-in

The practice of a developer purchasing a buyer's existing home in order to facilitate purchase of one in the developer's new subdivision. Industry groups have asked the Department of Housing and Urban Development (HUD) for exemption of the practice from the FHA antiflipping regulations that deny FHA insurance if a house is purchased and then resold within 90 days,but HUD has been resistant to the idea.



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