Flipping definition

Flipping a consumer home loan means the making of a consumer home loan that refinances within forty‑two months an existing consumer home loan of the borrower when the new loan does not have a reasonable, tangible net benefit to the borrower, considering all the circumstances, including the terms of both the new and refinanced loans, the cost of the new loan, and the borrower’s circumstances.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Flipping means the process of purchasing, renovating, and attempting to sell the property for a quick profit.

Flipping means the purchase of property, whether or not remodeled or reconstructed after its purchase, that is sold or transferred to a new owner within six (6) months of its purchase.

Examples of Flipping in a sentence

• How To Fill Out A Real Estate Purchase And Sale Agreement - How To Fill Out A Real Estate Purchase And Sale Agreement by Flipping Mastery TV 233,258 views 4 years ago 11 minutes, 43 seconds - Watch this step-by-step tutorial on exactly how to fill out a real estate purchase and sale agreement, and specifically what you ...

• How To Fill Out A Real Estate Purchase And Sale Agreement by Flipping Mastery TV 1 year ago 11 minutes, 43 seconds 112,298 views Watch this step-by-step tutorial on exactly how to fill out a real estate , purchase , and , sale agreement , and specifically what you ...

• Flipping, running and bouncing off the walls is dangerous and can cause serious injury and must be done at your own risk.

• Flipping/ Wrestling/ Piling: Improper use of the inflatable includes flipping in the air, wrestling, and participants piling on themselves.

• Flipping the switch is all it takes: we just point your domain to our servers and the change to the new website will be instant.

• In the event The Bidder fails to pay the remaining balance for a property by 2pm the following business day of the sale of a successful bid The Bidder forfeits their Bid Deposit to Its Flipping Simple, LLC.

• By signing this agreement the Bidder hereby indemnifies Its Flipping Simple of any responsibility and waives all rights towards any damages and / or lost profits that may or may not have resulted due to a missed sale to the fullest extent enforceable by law.

• Flipping the switch on the wall above your sink activates the in-sink garbage disposal.

• How to Make a Million Dollars a Year Flipping Houses-▇▇▇▇▇ ▇▇▇▇▇▇ 2014-12-03 If done correctly and with the right system, flipping houses should be a million dollar a year business.

• Its Flipping Simple, LLC makes no express or implied warranty as to the condition, or lien position, of any property listed on their daily short list.

More Definitions of Flipping

Flipping means knowingly refinancing an existing home loan when any of the following occurs:

Flipping or "churning" means making a consumer home

Flipping means when a person performs, employs others to perform, or for compensation with the intent to sell the structure, arranges to have performed any work described in R.I. Gen. Laws § 5-65-1(3) if within a twelve-month period offers for sale that structure on which that work was performed and who is required to be registered with the Board.

Flipping a mortgage loan means refinancing a mortgage loan within 12 months following the date the refinanced loan was originated, unless the refinancing is in the borrower’s best interest