Genre: Reality, Home Improvement, House/garden
Premise: Tarek and Christina El Moussa lead dizzying professional lives. After finding success as real estate agents and then experiencing the drastic downside of the housing market, the young couple switched career gears: They now buy distressed properties -- foreclosures, short sales and bank-owned homes -- remodel them and sell them at a profit. At least, that's the way it's supposed to work. ``Flip or Flop'' tracks the El Moussas' roller-coaster journey in each episode, beginning with a cash purchase at auction of a home -- often sight unseen -- and the fix-it-up process, to the nail-biting wait to find a buyer.
An owner-listed property in La Puente, Calif., is in rough shape, and as the property is tenant occupied, Tarek and Christina cannot assess the inside.
A short sale in Anaheim, Calif., will attract investor interest, but Tarek and Christina only have hours to determine whether or not they will flip the property.
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