Fall of 2008
These are very difficult times and this is a very difficult message to write, as people are being thrown out of their homes, multi-million dollar developments sit empty, our industry is moving overseas, corn is being burned instead of being eaten or drunk, and the dollar isn’t worth the paper it’s printed on.
The problem I have in writing this is not in feeling sad over our nation’s current plight, but is in trying to write this without a smile on my face. This year, 2008, is the best year our company has ever had. “How is this possible, you ask?” The answer is very simple and basic. Turn back a couple of pages to our Philosophy. There are two very important words there: “Truth and Honesty.”
I don’t mean to offend all you younger lenders and entrepreneurs out there, but my age does give me an advantage, not because I might be smarter and more experienced, but because I’ve been on the down side of the economic cycle before. Trust me, things will work out. It just takes thought, time, and the patience to sit back and wait. Let your greedy competition destroy itself.
On the upside of the cycle an appraisal is generally looked upon as a document that can only serve to hinder making the greatest deal in the world. Far too often the basis for finding an appraiser is to get one that will tell you what you want to hear. Campbell and Associates isn’t one of those. We might agree with you, but if we don’t, we’ll let you know. Our goal is to help you find something that works.
On the downside, however, you don’t want someone to necessarily agree with you. You want help and you want it now. You need to quit reacting and start acting. I’m not about to tell you that we can solve all problems, but if we can’t, we won’t lie to you and say we can. Give me a call at (706) 632-8076 and let’s talk, or email me at dc@campbell-assoc.com.
Don’t forget that most major down cycles generally take a pretty heavy hit from double digit inflation on the way back up. It ain’t over yet!
Computers have become our best friends. But don’t ever forget that if you put garbage in a computer nothing comes out except garbage. They just do it a whole lot faster than humans can do it.
Two day, computers halve spell check and a chick for grammar to, sort a. (If you don’t believe me, copy this on your own computer and check it yourself.)
Thank goodness they don’t claim to have logic check!
Do computers make mistakes? No, they don’t. Do people make mistakes? Yes, and make no mistake that I am including myself.
But, never forget that the person who never makes a mistake is the one who never makes a decision. Mistakes are the bridge between inexperience and wisdom.
Check us out. It’s the logical thing to do!
David F. Campbell, Senior Partner
Campbell and Associates |
