Land Flip


Land Flip
A fraudulent practice in the real estate business of selling undeveloped land at highly inflated prices. A land flip occurs when a group of dishonest buyers trades the land among its members, increasing the price with each transaction. The group will then finally unload the property onto an unsuspecting outside buyer at a price that the buyer will likely never be able to recoup from its own sale of the land.

Financial institutions face the risk of land flip with any loan made to purchase undeveloped property. They therefore take equity positions by investing directly in the land. Otherwise, they risk taking a loss if the land value decreases.


Investment dictionary. . 2012.

Look at other dictionaries:

  • land flip — A colloquial expression used by some lenders and real estate developers to describe an abuse intended to overstate the purchase price of real estate collateral. Typically a land flip involves a sale of real estate at an inflated price that is not …   Financial and business terms

  • Flip (Little Nemo) — Flip is a character in the comic strip Little Nemo in Slumberland. He is the son of the Sun, and the nephew of the Dawn, but he is something of a ne er do well, and is more or less an outcast: the residents of Slumberland want nothing to do with… …   Wikipedia

  • flip — flip1 [flip] vt. flipped, flipping [echoic] 1. to toss or move with a quick jerk; flick [flip the drawer shut] 2. to snap (a coin) into the air with the thumb, as in betting on which side will land uppermost 3. to turn or turn over [to flip pages …   English World dictionary

  • Land Rover Defender — 2007 Defender Manufacturer Land Rover Also called Land Rover Ninety, One Ten 127 (1983 1990) …   Wikipedia

  • Flip-chip pin grid array — (FC PGA or FCPGA) is a form of pin grid array processor architecture package in which the die faces downwards on the top of the CPU with the back of the die exposed. This allows the die to have a more direct contact with the heatsink or other… …   Wikipedia

  • Flip tricks — A flip trick is a type of skateboarding trick in which the skateboard flips in a particular way. In many tricks, the skateboard flips upside down and/or end over end. The most common and well known flip trick is the kickflip, invented by Rodney… …   Wikipedia

  • Flip jump — The flip jump (usually just flip) is a figure skating jump which takes off a backward inside edge with a toe pick assist, and lands on the backward outside edge of the opposite foot.Flip techniqueThe most common entry into a flip, for a… …   Wikipedia

  • Flip (acrobatic) — A front aerial, performed as part of an acro dance routine. An acrobatic flip is a sequence of body movements in which a person leaps into the air and then rotates one or more times while airborne. Acrobatic flips are performed in acro dance,… …   Wikipedia

  • Flamingo Land Resort — Infobox Amusement park name = Flamingo Land Resort caption = Flamingo Land Logo location = North Yorkshire location2 = location3 = England opening date = 1959 previous names = Yorkshire Zoo, Flamingo Park season = March to October area =… …   Wikipedia

  • Mighty Flip Champs! — Developer(s) WayForward Technologies Publisher(s) WayForward Technologies …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.