--- In AsburyPark@yahoogroups.com, "justifiedright"
<[EMAIL PROTECTED]> wrote:
>
> How do you use Mark to Market accounting when dealing with an asset
> that is not widely traded? You have no data upon which to set a
> value.
>
> Also, when a firm goes under and is selling off their assets at a
> fire sale, is it fair to use those sale numbers when someone else is
> valuing an asset under Mark to Market?
>
> Maybe the realty experts on the board can opine.
>
> If only we had someone on the board who regularly dealt with burden
> of valuing unique property? :-)
>
Mark to market is the only true way. Difficulty in estimating value?
Welcome to my world. Like trying to catch a falling knife today.
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