Replies to post #81002 on NSAV Holding Inc (NSAV)

[onthesound]

I think it is off the open market because the bank now has possession and is holding a public auction.

[Major Profits]

Don't think so as you'll notice that ALL the properties listed on that site are "Off-Market".

http://www.loopnet.com/Pennsylvania/Monroe-County_Hotels-Motels-sold/3/

So, I called the attorney but office is probably closed now, no answer. :-(

So, since that didn't work well, I Googled what "Off-Market" meant and found this:

http://www.realestate.com.au/advice/off-market-sale/

An off-market sale is a term used to define a property that is selling, or has already been sold, without any public advertising...Selling your property off market is not an ideal way to achieve the maximum price – it’s often a last minute choice.

Off market means the home can be bought if its owner is presented with an acceptable offer but has decided not to promote the fact.

It’s a term that sometime pops up in property conversations and is usually linked to a property that needs an immediate sale, where the sale is often more important than the sold price.

Like foreclosed property up for auction?

We'll see tomorrow.

GLTus

$NSAV