Tag: real estate term of the day

A distressed sale is almost exactly what it sounds like, meaning it is when a property or other asset is sold in an urgent manner. These types of sales often lead to a net loss for the seller because the …

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A Land Flip occurs when a group of buyers comes together to trade pieces of undeveloped land between them. This inflates the property price beyond the market value, and it is considered a fraudulent practice. It is considered fraudulent because, …

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