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Glossary of Terms > F > FLIPPING

FLIPPING

The process of buying a property and then attempting to sell it relatively quickly - or "flip" it - for a profit. It is a goal of major real estate investors and small-timers alike, and particularly common among condo units. But just about any hot market will attract its share of "flippers."

F Terms

FAIR MARKET VALUE (FMV)

FANNIE MAE (FNMA)

FEDERAL EMERGENCY MANAGEMENT AGENCY

FEDERAL HOUSING ADMINISTRATION (FHA)

FEDERAL RESERVE

FHA MORTGAGE

FIRST MORTGAGE

FIXED-RATE MORTGAGE

FLIPPING

FLOOD INSURANCE

FOR SALE BY OWNER

FORECLOSURE

FREDDIE MAC