Here’s one potential play....He sales at “fire sale” now. With the coming commercial real estate market collapse - just a matter of time - the prices plummet even further and after his appeal is granted he buys them back at a song.
In either case I’m convinced that he won’t take a loss given he bought them decades ago and the prices have only appreciated.
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are the properties mortgaged or paid off?
3:15 is our prayer time.
Join in with prayers for our country and FRens.
For with much wisdom comes much sorrow;
the more knowledge, the more grief.
Ecc. 1:18
Well, if they’re mortgaged he could just hand them to the bank - who doesn’t want them, I suppose, or any other commercial real estate for that matter.
But I thought the trial had shown the loans were all payed off - unless he rolled to a new loan after that.