flip

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flip

To buy low and sell high in a fairly short period of time;sometimes associated with predatory practices such as securing an option on property about to be foreclosed and then exercising that option only if able to find a purchaser who will pay enough to generate a profit. In the meantime,the consumer cannot sell to anyone else.

• Condo flipping is accomplished through buying reservation rights in condos to be built in the future, and then selling those rights, not the actual condo, shortly before project completion. There are many Web sites devoted to nationwide markets for condo flipping.

• House flipping usually refers to the practice of buying a home at a price substantially below market because of the need for repairs and then making the renovations and selling in a short period of time, at a substantial profit. Acquisition and renovation is typically financed with a mortgage note due in six months. The practice is risky for those unfamiliar with construction, because delays can be catastrophic.

References in periodicals archive ?
Nog antagonistic action occurs in undifferentiated mesenchymal cells that are to be differentiated into osteoblasts (69).
Each Tir Na Nog location includes architectural pieces, furniture and bric-a-brac from churches and castles shipped from Ireland.
n Goeie boer verkoop diere terwyl hulle nog sterk is," verduidelik sy.
Somehow, Silk Nog tastes creamier and, well, silkier than fat-free eggnog (which has similar numbers).
Ons het nog 'n hele paar ander lekker resepte ok ingesit.
Shaw-Ross International Importers is making their premium Irish Egg Nog available again for the holiday season.
LAST September, the first ever Dail na nog (Children's Parliament) was held.
Of this work, more than $445 million was issued as options under the $2 billion contract awarded to B&W NOG in 2010 and more than $65 million is issued under a new agreement awarded for fiscal year 2013.
o uitzetten van PMD en GFT minicontainers in enkele specifieke wijken binnen de bebouwde kom waar grondgebonden woningen met tuin nog niet beschikken over een minicontainer.
The other horse to back with a fitness edge is Jim Bolger's Teofilo filly Ceol Na Nog in the Come To The Family Day May 15th Handicap (3.
So much so that Theatr na nOg has extended the opening week of Tom.