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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (23069)5/12/2005 11:20:57 AM
From: aerosappy  Respond to of 23153
 
<Sunk Costs ...>

Tell me about it....

In the past 10 days, two contracts that we had signed to sell land ($4.6 million cash, land free & clear) died. Both had been pending 12+ months, and we had granted the buyers five extensions each.

We have huge "sunk costs" invested in attorneys fees and our own time. Now we need to start all over trying to sell or develop both tracts.