Word: flips
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...dangerous flip side for the Crimson—and the biggest obstacle in the team’s quest for the Ivy League title and the automatic bid to the NCAA Tournament that is associated with it—is on the offensive side of the ball. While the Big Red and Yale have complemented their strong defenses with explosive play on the offensive end to the tune of a combined 28 goals, Harvard has managed just five goals so far this season, with each of its five victories ending with final scores...
...horsing around with her little brother and sparkling close-ups of her new engagement ring. But even when her transport truck was blown up by a roadside bomb in December, Sergeant Lizzie--who declines to share her full name--wrote about the event with the same bouncy style, flip asides, exclamation points and smiley faces. Describing herself under the destroyed truck, gashes on her face, she writes, "I made the remark that I wouldn't be pretty again LOL." The medic teases her for wearing a matching bra-and-panty set in a war zone. But in quieter moments...
...Still, a growing number of developers nationwide are increasingly working "anti-investor clauses" and other "flip-buster" weapons into their sales contracts. Many now demand that buyers pledge in writing that they'll actually occupy the home they buy (or at least disclose whether the unit will be a primary or secondary residence or merely an investment). Others, like Robins, limit the number of units a person can purchase in any one development; and some, like StarPointe Properties of Arizona, are requiring investors to close on (and take title to) the property they're buying. Hilton and Meritage, as well...
Randy Bianchi is a firm believer that in America, "a person should be allowed to buy a second, third or fourth home if he or she wants." That goes for real estate investors and speculators, even those who "flip" homes-that is, people who buy a house or condominium for the sole purpose of quickly selling it off for a profit, usually before construction is completed and often without even taking title to it. But Bianchi, a real estate broker and co-owner of Paradise Properties in West Palm Beach, Fla., who says he may soon flip a luxury condo...
...Investors counter that the flip-busting measures are a violation of free-market practices and a worrisome, if not illegal, form of real estate discrimination. The enforceability of anti-investor clauses is still in question, but Hilton says Meritage's attorneys have assured him that his company's pending cases against investors "will stand up," and no investor has yet filed a suit against the anti-investor measures. In the meantime, it appears the investors may have trouble erasing an image, fair or not, as the bad guys of this housing boom...