Flipping Houses is like Being Gay - 0 views

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  #1 Cherry Choate on 04 Jul 13

   

  In the 21st century, absolutely everyone knows the word "gay" refers to folks that are homosexual, but back in the 1950s, the which means was contested. The alternate definition was "complete of joy and mirth."
  
  Can you picture the confusion? Inform one group of people that you're "gay" and they will assume you happen to be happy. To check up more, consider having a peep at: arizona real estate attorney. Tell one more group and they will reach for a cross and a can of gasoline.
  
  Right now, "flipping houses" generates the very same impact. It has two definitions:
  
  1) The approach of *legally* promoting a property for a rapidly profit, often employing small or none of your personal cash
  
  two) The approach of *illegally* promoting house for an artificially inflated value, typically involving a group of criminal appraisers, loan officers, and investors
  
  Do you see the similarity with "gay?" A single definition is upbeat and accepted, while the other is (currently) unacceptable and downright scary. The majority of the planet understands "flipping" as an illegal activity, where a tiny minority are trying to redefine it as a genuine true estate investment technique.
  
  The purpose: excellent old Uncle Sam. When the government talks about flipping, they use the second definition. According to the Department of Housing and Urban Development, flipping happens when:
  
  A recently acquired house is resold for a considerable profit with an artificially inflated worth
  
  Getting closely connected to the government, attorneys, accountants, and the press are hanging on to that definition. So, the subsequent time you go to them, do not be surprised if they "flip out" (pun intended) at your approach.
  
  The exact opposite is true with genuine estate investors. You can get a residence and then "flip" it to another investor for a small but quick profit, enabling you to reinvest your money and repeat the process. You can also assign contracts for a fee (an additional form of flipping), allowing one more purchaser to close on the home in your spot.
  
  Which definition will win? If "flipping homes" follows the etymology of "gay," the far more acceptable definition will come out ahead. We found out about arizona landlord tenant law by searching Yahoo. Who knows? Maybe they will make a film about it. Visiting purchase here seemingly provides aids you could tell your aunt.

   

  <div class="cArrow"> </div><div class="cContentInner">In the 21st century, absolutely everyone knows the word "gay" refers to folks that are homosexual, but back in the 1950s, the which means was contested. The alternate definition was "complete of joy and mirth." <br /> <br /> Can you picture the confusion? Inform one group of people that you're "gay" and they will assume you happen to be happy. To check up more, consider having a peep at: <a href="http://www.harperlawarizona.com/" rel="nofollow">arizona real estate attorney</a>. Tell one more group and they will reach for a cross and a can of gasoline. <br /> <br /> Right now, "flipping houses" generates the very same impact. It has two definitions: <br /> <br /> 1) The approach of *legally* promoting a property for a rapidly profit, often employing small or none of your personal cash <br /> <br /> two) The approach of *illegally* promoting house for an artificially inflated value, typically involving a group of criminal appraisers, loan officers, and investors <br /> <br /> Do you see the similarity with "gay?" A single definition is upbeat and accepted, while the other is (currently) unacceptable and downright scary. The majority of the planet understands "flipping" as an illegal activity, where a tiny minority are trying to redefine it as a genuine true estate investment technique. <br /> <br /> The purpose: excellent old Uncle Sam. When the government talks about flipping, they use the second definition. According to the Department of Housing and Urban Development, flipping happens when: <br /> <br /> A recently acquired house is resold for a considerable profit with an artificially inflated worth <br /> <br /> Getting closely connected to the government, attorneys, accountants, and the press are hanging on to that definition. So, the subsequent time you go to them, do not be surprised if they "flip out" (pun intended) at your approach. <br /> <br /> The exact opposite is true with genuine estate investors. You can get a residence and then "flip" it to another investor for a small but quick profit, enabling you to reinvest your money and repeat the process. You can also assign contracts for a fee (an additional form of flipping), allowing one more purchaser to close on the home in your spot. <br /> <br /> Which definition will win? If "flipping homes" follows the etymology of "gay," the far more acceptable definition will come out ahead. We found out about <a href="http://www.harperlawarizona.com/arizona-landlord-tenant-law.html" rel="nofollow">arizona landlord tenant law</a> by searching Yahoo. Who knows? Maybe they will make a film about it. Visiting <a href="http://www.harperlawarizona.com/" rel="nofollow">purchase here</a> seemingly provides aids you could tell your aunt.</div>

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