This letter is a follow up to our previous conversations concerning the real estate auctions you have conducted for The CIT Group.
Please be advised that The CIT Group was pleased with the overall results generated by your efforts in the sale of the various properties. We appreciated the fact that all aspects of the various sales, including the advertising, marketing, securing of bidders and the actual actions, were handled professionally and efficiently, thereby securing for The CIT Group the best possible prices. We appreciate all that you have done for us in regards to these sales and look forward to doing business with you again in the future.
Tim Oatis Credit Analyst
The CIT Group