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Guest Columnist

Mar. 30, 2010

'Low or No Charge' Receiverships: A Very Costly Mistake?

By BILL HOFFMAN In this current down cycle, the need for qualified receivers is soaring, but lenders and special servicers should be especially wary as more and more unqualified individuals jump on the receivership bandwagon.

By BILL HOFFMAN

In this current down cycle, the need for qualified receivers is soaring, but lenders and special servicers should be especially wary as more and more unqualified individuals jump on the receivership bandwagon.

Countless real estate property managers, brokers, developers and others whose business is in a slump are looking to attract new business - and broadening the company's list of services and offering them at a cut rate i...

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