ARE THE CEOS GOING TO HAVE TO DO TIME BEFORE LENDERS CAN DEAL WITH REALITY?
By Billy Burke, CAI - AARE
Will CEO's have to do time before things change? I am the owner of a small real estate auction company certified to work nationwide for any FDIC insured lenders. As one of only 321 AARE Auctioneers certified to sell real estate at auction we provide a higher level of service than 99% of real estate "professionals" in the marketplace. Delivering cash for real estate is our job and we deliver 100% of the present cash market value for real estate sold at auction 100% of the time. In the Summer of 2005 we saw that prices were sliding down and the market had peaked in the East coast resort areas and that a similar phenomenon was happening in California. People said I was crazy when they demanded that we guarantee a minimum price at auction but we now know who was really insane, it was the p...