Is the Real Estate Bubble About to Burst?
American Finasco has just been retained by a major construction company in Nevada to do a debt workout program on approximately $2.5 million of vendor debt.
As the retail market for new homes falls, the builder is being forced to sell some of his properties at auction and take a loss.
By using American Finasco to reduce and settle this debt with all his vendors, this builder will be able to survive this downtime in the housing market.
Copyright 2007 American Finasco, Inc. - By: Gary P. Milleson - President/CEO