The other day I got a call from my brother, Bob. He said he was looking around town and he found an old home that he is looking to purchase. It is a real fixer upper. He contacted me because he won’t get credit approval by himself. He has bad credit. He wanted me to be his co-signer.
Bob was not thinking about living in the house. He wanted to buy it to fix it up and to then sell it. The goal would be to flip the house for a large profit. After working in construction for a few summers in the past, Bob is good at that kind of thing.
I thought about it for a moment and I agreed to be his co-signer, if I could see the house first to make sure it was a good idea. That next day we drove over to the house to take a look. Right away I was impressed. The house was on a large lot. There were good views and plenty of privacy from neighbors. The house was definitely run down, but Bob explained to me everything that he would do to fix it up and make it look nice.
The seller wasn’t requiring a down payment and the monthly mortgage wasn’t too bad. I agreed to co-sign on the mortgage.
The repairs went well and we had the house looking good in a few months. By the time we were done the house genuinely had curb appeal. Now, all we needed was a buyer. We contacted a realtor and we started the whole process of selling a house.
Answer the questions about the reading in the Comments box below!
1. What does it mean to flip a house?
2. Why did Bob want to buy a fixer upper?
3. What is good about the house when Bob buys it?
When you are done press on the links below:
http://drewseslfluencylessons.com/2-advanced/home-mortgage/english-conversation-activity-for-buying-a-home/
http://esl-lab.com/apart/newapartments-video.htm
1.The mean of flip the house is buy old house for sell.
ReplyDelete2.The mean of fixer upper is something need to repair.
3.I think Bob buys the house because the house is cheap and the area looks very good.
1.flip a house is means buy a old house then fix it up and become a good house
ReplyDelete2.Bob want to buy a fixer upper to fix it up and sell it get a large profit.
3.The old house was on a large lot ,it has good view and plenty of privacy from neighbors.
Judy
1. What does it mean to flip a house? Renew and repair after the house will look like new.
ReplyDelete2. Why did Bob want to buy a fixer upper? Because the house price is low and it is easy to buy.
3. What is good about the house when Bob buys it? The yard is large and the house and does not need too many changes at home.
Samuel Carrillo
1.filp a house ---buy and fix the house ,get new for the house.
ReplyDelete2.Bob's purpose that buy to fix and re-sell the house,get a good price.
3.The house have large lot and good view.
1.Bob want found an old home that he is looking to purchase.
ReplyDelete2.He can make money.
3.Yes,there were good views and plenty of privacy from neighbors.
Xueying
1.Flip a house the mean's at short time to fit the house and earn more money.
ReplyDelete2. Because Bob the house fixer upper have potential to earn much more money.
3. The seller wasn't requiring a down payment and the monthly mortgage wasn't bad.
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ReplyDelete1.Flip the house means fix the old house .
ReplyDelete2.Because Bob would be to flip the house for a large profit.
3.The house was on a large lot.There were good views and plenty of privacy from neighbors.The house would be to flip the house for a large profit.
Jessica
1. What does it mean to flip a house? To repair the house and make look beautifull house.
ReplyDelete2. Why did Bob want to buy a fixer upper? He wants to fix the house then after he can sell in a better price.
3. What is good about the house when Bob buys it? He liked the big yard and the house .
Jose Cruz
1. Flip the house means repair the house.
ReplyDelete2. Fixer upper means a house that is bought to fix and re-sell for a profit.
3. When Bob buys the house, it was a large lot. It was good views and plenty of privacy from neighbors.
Joanna
1.my idea is to renovate the entire house change everything
ReplyDelete2.by buying at a low price the repairs and sells more expensive .
3.i think that has a lot of space
Hugo
1 I thing flip a house is change all the bad things.
ReplyDelete2 because he wants some profit.
3 because the house was cheap and sell at high price.
Maximo
This comment has been removed by the author.
ReplyDelete1. What does it mean to flip a house?
ReplyDeleteFix the house.
2. Why did Jim want to buy a fixer upper?
He thinks if he buy it ,he will fix it.
3. What is good about the house when Jim buys it?
The house has large lot ,after fixed it looks good and has a lot of privacy.
Judy zaou
Flip the house means fix the house and make it better .
ReplyDeleteBecause he want to fix it up and then sell it for make profit .
The house has a large lot ,good views and plenty of privacy from neighbors.
Rose
1. Flip house is means buy a old house then make it repair and become a good house and earn more money.
ReplyDelete2. Bob want to buy a fixer upper because the house is fix and sell it get a large profit.
3. The house is very cheap because the seller the monthly wasn't to bad. But it was good view.
Yeong hui
1-Flip a house: Take old houses, to renove, fixed, clean inside a house. Fix it up and make it look nice.
ReplyDelete2- Because he wants, take a cheap, sell high.
3- The house on a large lot. Good views and plenty of privacy from neighbors.
Melek
1. I think the flip a house means changing the old house to new house by fixing, renovating, and repairing all bad things.
ReplyDelete2. He want to buy a run-down property below market price, increasing its value, and rapidly re-selling it for a quick profit.
3. He get a lot profit because he got a house at low price and sell it at high price.
Mk mikyung
1. The house changes.
ReplyDelete2. The house is a large profit after changed.
3. There were good views and plenty of privacy from. Neighbors.
In ye
1. What does it mean to flip a house? Change the old things and make news.
ReplyDelete2. Why did Bob want to buy a fixer upper? Because he want to fix it up and to then sell it.
3. What is good about the house when Bob buys it? The house was on a large lot ,there were good views and plenty of privacy from neighbors.
Wei Lai
What does it mean to flip a house.?he wanted to buy it to fix it up and to then sell it.
ReplyDeleteWhy did Bob want to buy a fixer upper? Because the house is low and fixed sell
The house was on a large lot.
Maria.
1. It means make the house new again.
ReplyDelete2. If he buys an old house and fixes it and sells it he can get a large profit.
3. It has a big lot.
Serah
1:Bob want buying this house,Becouse he thinking flip house then sale it get good profit.
ReplyDelete2.he crited bad,He contact his brother co-signer.
3.the house privacy from neighbor.
1.repair the ole house and make new one for good sell
ReplyDelete2.the seller wast requiring down payment and the monthly mortgage not too bad
3.flip the house for large profit
1 I think flip a house is Chang all bad thing.
ReplyDelete2 because bob credit history has so bad bob need co sinew. Is
3 bea cause house was cheap1 I think flip a house is Chang every thing.
2 because bob credit history is bad bank need co singer.
3 because the house was cheap and profit to high.namrata