5 Flip Tips

1. Know the developer. Has the developer had a successful project before? What is the completion date? Do your research? Make sure you have a very comprehensive idea of project completion. I see it more and more where people are holding out contracts and deposits, and the developer isn?t moving as quickly as the investor had been told. Carrying costs need to be analyzed know the cost of delays. When using a real estate professional be sure he or she knows and goes over these costs.

2. Be sure the contract is assignable. I?m seeing lately that there are restrictions on assignments. Many times this information comes as a surprise to the investor. I see developers with regulations that say the buyer can?t assign the contract until he or she has lived there for one year or before a certain percentage of condo units are sold. Also, the developer may hold the best units for the end, which makes assignment prior to that nearly impossible.

3. Look for fees. Recently, developers have been charging assignment fees that may be five figures. In order to assign the contract, the buyer has to pay a fee to the developer. Also, some developers are saying that resales must be done in-house. The buyer has to use the developer?s real estate associate. For associates that?s fine, but for buyers or investors, it isn?t always a good thing.

4. Know the money. It?s important that you know you should get professional help, such as from a certified public accountant (CPA), about ongoing tax liabilities. So for investors, real estate professionals should advise them to get accounting advice, and that will help them determine whether to hold the contract or the unit for a while before they resell it.

5. Know the local area. When it comes to a specific investment property, you or your real estate professional must be experienced in that area and in that neighborhood. If the market has reached top price, then investors need to be cautioned.

USPTO ISSUES TRADEMARK: FLIP-TIP-ZIP

ALEXANDRIA, Va., Aug. 5 -- The trademark FLIP-TIP-ZIP (Reg. No. 3828452; International Reg. No 1004601) was issued on Aug. 3 by the USPTO. Owner: Bryce Investments Pty Ltd PROPRIETARY LIMITED COMPANY (P/L OR PTY. LTD.) AUSTRALIA 350 Gipps Road KEIRAVILLE NSW 2500 AUSTRALIA. The trademark

Publication: US Fed News Service, Including US State News

Find your summer beauty personality! Take our quiz, then flip for customized tips from the best celeb beauty experts in the biz!(SUMMER beauty book 'O5)

CG! Expert Panel DANILO, hairstylist for Gwen Stefani, Drew Barrymore, Julia Roberts, Lindsay Lohan RICHARD DEAN, makeup artist for Julia Roberts, Nicole Kidman, Diane Lane ELSBETH, nail artist for Hilary Duff, Jessica Simpson, Kirsten Dunst BRETT FREEDMAN, hairstylist for Gwyneth Paltrow, Kate

Publication: CosmoGirl!

Wanted: Leaders To Flip Burgers.(Tip Sheet; Summer Jobs)(Brief article)

Byline: Linda Stern It's not too late for job-hunting teens to land a good summer job, despite the overall weak job market--some industries always need help in the summer and may have been slow to staff up. "Employers will be continuing to hire through the entire summer but especially through the

Publication: Newsweek

Flip-chip assembly.(Soldering Tips)

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Publication: Circuits Assembly

Innovative ideas ; Creating a new bathroom? Renovating an old one? Flip through our ideas file for creative tips and tricks.

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Publication: India Today