Word: resoldered
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...States Line, the country's largest, fastest, most luxurious liner. But 25 years later, when planes took over the transatlantic travel market, the ship began losing money and was sold to a Greek shipping firm that used it chiefly for cruises around the world. This month, having been resold and then refurbished at a cost of more than $2 million, the America set sail from New York City on a new career and immediately ran into a sea of troubles...
...fastest growing segment of the New York antiques market. Prices have skyrocketed. Twelve years ago, a pair of paintings by Ammi Phillips, a 19th century naive artist, sold for $10,000. Last April a pair of Phillips paintings went for $44,000 at auction ?and were reportedly resold within a month for twice that amount...
...candidly describes as "a little nothing." It cost $48,500, and she will have to spend $5,000 or so to repair termite damage. But had she waited, it almost surely would have gone higher. The house sold in June 1976 for $28,000, and has since been resold four times by four separate speculators, none of whom lived...
...than bonds, far better than the sagging stock market. The price may be a shock and the monthly payments a severe strain, but many families think the value of their home is bound to jump. Even if it does, the profit is only on paper until the house is resold, and most families will then have to buy another house at inflated prices. But they do get a big break; profit on the sale of a house is not taxed at all if it is reinvested in another home within a year. Even if the profit is pocketed, it usually...
Another problem: mortgage financing has been hard to get for domes. However, most builders today agree that loans are usually available for professionally built models; some bankers cite the energy savings as an important plus. The few contractor-built domes that have been resold have brought high prices. The manufacturers claim that dome builders have no trouble getting building permits. Ironically, say the Cathedralite owners, the only city where their earthquake-resistant dwellings have run afoul of local building and safety requirements is Los Angeles...