Day

January 13, 2009

Deal . . or No Deal?

Another Steep Discount From Listing Price If you have to sell Christmas week in what is already a soft market . . . you may not like the price. This is the second instance I’ve seen of a property sold then accepting a very deep discount from the most recent list price. The home is...
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"De-Listing" Dilapidated Homes

$30,000 Houses: Smarter to Raze than RestoreWhen the share price of a company traded on the New York Stock Exchange (“NYSE”) falls below $1, it faces the prospect of being dropped from trading (“delisted“). Presumably, the rationale is that such companies are in extremis, and, for the health of the broader market as well as...
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