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Friday, June 18, 2010

Larry Korkmas with Commercial Dispute Resolution Associates CREN 6/18/2010

According to Larry Korkmas the upcoming Cap & Trade bill will be "poison to the real estate industry".
Capping greenhouse emissions/CO2 not only affects large manufacturing and power plants. All property will have to be modified prior to any sale to meet Federal standards proposed in the new bill. There will be no more "as is where is" or grandfathered conditions. These regulation standards apply to most major appliance groups but even to the color of your roof. White for hotter regions and dark for cooler regions.

Larry Riklin with LJR Enterprises, Larry Korkmas with Commercial Dispute Resolution Associates and Wayne Landin with Landin Interests

Larry feels the only safe sales now through implementation will be land sales and if you are not into RE Management; you better be.

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