The city might take a haircut though if they can get them developed and start collecting revenue on them instead of having vacant partially completed properties that often add to blight/squatting..

Don't think it over while you're getting a haircut, don't call your wife, girlfriend, mother in law, neighbor or bartender.

Another issue will be showing that your contract is in compliance with new laws according to when it was made, if it is not in compliance then it may not be marketable at all or may require a shaving, not just a hair cut.

Holding is a better option then sending you equity out of state where you have no knowledge or control and need to contract out 100% ... your equity is likely to only come back after a serious haircut as result.

The message that is on the box reads "for a free haircut go the www.-----.com and enter to win."

If you end up with anything aside from replacement cost, be sure to discuss the implications with your agent on what happens with the reimbursement of regular claims (i.e. do they get haircut by some % below replacement cost).  

On an early distribution, your 401k is going to get a significant haircut for income tax and early withdrawal penalties (subject to withholding).

I recommend asking a few different commercial brokers in the area because asking the listing broker is like asking the barber if you need a haircut.  

They may do all the right math, come to the same number...but then they take an additional haircut for the "unknown".  

You're asking the lender to take a haircut and then you want to give the seller cash?