Dear REALTORS^®:

We are currently on a roller coaster ride watching the reports from Wall Street as well as the activity in Washington. On a local level, we wanted to communicate that SCAOR investments are held in insured Certificates of Deposit with a variety of financial institutions managed by Merrill Lynch Investments. Your Finance Committee and Board of Directors recently reviewed our investments as well as our independent auditor's review and all were satisfied the assets were protected. We continually monitor and strive to ensure our assets are invested wisely.

We would also encourage you to respond to NAR's Call to Action. You can click here. You may have also received an overnight email from NAR asking you to call or email legislators to support the Emergency Economic Stabilization Act. NAR supported the package and as REALTORS^® you understand the economic impact and how the bill would have supported the real estate industry. Visit www.realtor.org and read the Summary Of The Proposed Economic Stabilization Act. These are turbulent times and the better we are informed the better we can respond to questions and issues.

In closing, we appreciate your efforts.

Sincerely,

Bill Lucks
President