insideyournwa.com

With 3 major banks being closed and taken by the FDIC in the recent months I thought now was a good time to hit more specifically on a company that can help. When the FDIC takes a bank, as we have seen in Arkansas with the ANB Financial closing, there is no warning to the public. One day you are banking as normal and the next you are waiting in line trying to claim on the FDIC insurance.

The bank industry is an extremely complex one which is why I try to explain pieces at a time for the consumer. If you are a bank however you need a more in depth explanation and analysis of what you can do in these tough real estate times. That is where Gaines Dittrich of Dittrich and Associates comes in. Here is a quote from this article that appeared in the Arkansas Business Directory:

“In 2007, Dittrich teamed-up with Ramsay Ball, a principal with Colliers International in Bentonville, to find a way to help banks deal with troubled loans caused by changes in the commercial real estate market.

?Banks are really struggling because of real estate,? Dittrich said. ?Many people in the industry haven?t dealt with these kinds of problems before and many banks are relying on their customers to solve the problems and to fix the nonperforming real estate. They just don?t have the personnel or the expertise to solve real estate problems.? “

If you are experiencing these problems with your bank I urge you to contact Dittrich and Associates before the FDIC steps in. The sooner we can fix these problems the sooner our economy and our real estate will go back to normal. Note I said normal not skyrocketing like we saw in 2003-2005.

Dittrich and Associates contact info:

Gaines Dittrich - President/CEO

Phone 417.214.3819

E-mail: gditt64@gmail.com

Website coming soon.