Crispie n.— «They have bought so much property in England, Spain and in countries in Eastern Europe that they have been dubbed Crispies—short for cash-rich Irish seeking properties in Europe.» —“An Irish Taste for Real Estate in...
hair on it v. phr.— «This is the one sector where cap rates seem to be all over the place, in terms of—if it’s leased through, it’s no expression near-term, you have a great price, and if this there’s any hair on it, heavily discount it...
pop-up tax n.— «If the proposed bill—sponsored by Rep. Andy Meisner, D-Ferndale—passes and is signed into law, the buyer of Rimanelli’s home would be allowed to retain the current $3,500 tax bill, dodging the pop-up tax—the name given to...
drama-price v. phr. to lower the asked dollar amount for real estate so as to attract buyers’ attention. Also as noun: drama price. (source: Double-Tongued Dictionary)