Tranzon Auction Properties - Real Estate Auction Blog

I am a big believer in supporting your local economy in every way you can - this article reinforces my belief that creating a relationship with your local bank is important. While you might not do every deal with them - local banks have an intimate knowledge of their geography and the players within it and can offer invaluable advice and counsel.

click here for entire article

I’m skeptical that this will have any significant impact - a few extra days will probably help a small percentage of homeowners in trouble, but the majority will continue to have problems. I’m also a bit skeptical that staffing can be increased enough in workout departments to enable timely and frequent communications between Lender and borrower.

http://online.wsj.com/article/SB121363821436678049.html?mod=RealEstateMain_1