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The predetermined price the parties agree to buy and sell the asset for is known as the forward price.The specified time in the future -- which is when delivery and payment occur -- is known as the delivery date."It feels very authentically Maine, being on the rocky midcoast coastline and away from the bustle of Route 1."Interviewed by the Bangor Daily News, buyers Laura and Tony Moskwa said they had tired of corporate life and constant travel, and wanted to do something together. thoughts are similar to that of many buyers, said Wolf who, with his wife Janet, felt the same way when they purchased the historic Captain Fairfield Inn in Kennebunkport, in 1999."I was a corporate ladder-climber coming out of college," he said.
The original use of futures contracts was to mitigate the risk of price or exchange rate movements by allowing parties to fix prices or rates in advance for future transactions.Workshops offered by The B&B Team cover topics such as finding and acquiring an inn, financing, valuation, business planning, marketing and operations.Last year, he said, the company had about 275 attendees, with 46 who became clients.KENNEBUNK — There have been quite a few inn and bed-and-breakfast transactions over the past half-year."Maine has been incredibly active," said Rick Wolf, a partner/owner of The B&B Team in Kennebunk.
Many buyers appear to be coming "from away" in search of a new career path.Located at 3063 Bristol Road toward the tip of the Pemaquid peninsula, the building dates to around 1890, and is in excellent shape due to renovations through the years.