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On June 25, Tin Roofing extended an offer of $88,000 for land that had been priced for sale at $101,000. On July 9, Tin Roofing

  • On June 25, Tin Roofing extended an offer of $88,000 for land that had been priced for sale at $101,000. On July 9, Tin Roofing accepted the seller’s counteroffer of $96,000. On October 1, the land was assessed at a value of $144,000 for property tax purposes. On December 22, Tin Roofing was offered $154,000 for the land by a national retail chain.

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