Distressed Asset Acquisition Group, believes in the potential of today’s real estate market. Distressed real estate is weighing heavily on the books of financial institutions. As distressed asset portfolios swell, regulatory pressures increase and reserves are placed at risk. Now, more than ever, lenders are being forced into reclassifying distressed notes and assets and charging off their losses. In order to protect their balance sheet, lenders are being forced to sell off their non-performing notes and their REOs. So the banks and other lenders have assets to sell and we are buyers for those distressed assets.