His firm usually acts as a Joint Venture Partner in real estate transactions but can be available as an outside consultant (feasibilty, land use, etc) for Florida real estate projects and acquisitions by development firms and or institutional investors wishing to enter the Florida market.

I dont know if the value of anything that anyone owns is ever under their control..............but I think that the answer to the question on the topic is obvious....Developers are holding to property longer because of the overall institutional freeze on lending and credit markets, and the effect that it has had at the retail level.

I was talking to this mortgage brokering institution today and i was asking about a Hard money loan for some properties i was trying to acquire.

Here is an institution that is built on trust and sound principals that feed on the hopelessness of people.

A great article... thanks Dan.It sure does fill in some of the gaps, since the "mainstream media" is telling us NOTHING.I particularly liked these two paragraphs:"What terrifies me … what wakes me in a cold sweat … is that the single most corrupt, inefficient, incompetent and idiotic institution on face of the planet is now trying to “fix†the problem.And that especially frightens me because, the closer I examine the roots of this crisis, the clearer it becomes that it was engineered almost entirely by the very bumbling buffoons who are now charged with ending it: The U.S. government."

As protected as everyone tells you your money is in institutions, a lot of people don't believe it.

Since I didn't, you simply get rid of me and you're free to do as you wish with the property.My credit is highly unlikely to be negatively affected because you're not an institutional lender and you don't report to the credit bureaus.

Median home prices still need to fall at least 35% to bring them into line with median income, assuming income doesn't fall, given the fact that the lending institutions have been forced by reality to return to sane lending practices.

It'sis a small world.As far as Non-Performing Notes go the Institution is the one that discusses with the buyer in regards to pricing.

Depositors will still be insured with the new institution.