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What Separates Illegal Flipping and Legitimate Fixing and Reselling of Houses

Question 31

Multiple Choice

What separates illegal flipping and legitimate fixing and reselling of houses?


A) Foreclosed homes are appraised at a low price and resold at a higher price.
B) The actual costs to renovate a home are inflated to increase the home's selling price.
C) An individual home is bought and resold multiple times at inflated prices.
D) Renovated homes are resold with few changes.

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