Saturday, July 28, 2007

More Facing Foreclosure Juice by Nigel Swaby

Nigel Swaby, a mortgage broker and real estate investor, of Salt Lake Real Estate Blog has been a frequent participant in the comments on this blog. Recently Nigel interviewed me on the phone and is writing a serious of articles with more juicy details on my facing foreclosure story. Some of the stuff may be new to you, and some of it goes into more detail on what I have already shared on this blog.

From the press release (emphasis mine):

“I saw Casey’s story out there in the first weeks of September and made a couple of advisory posts,” Swaby commented. With house prices declining, the media turned its focus to bubble talk and Casey soon became the poster child of what not to do. “As I kept reading his story, I realized he’s very intelligent and pretty shrewd about reaching his goal of avoiding foreclosure,” Swaby added. When mainstream media stories hit in October, their slant on Casey’s situation was primarily negative. Swaby continued, “I wanted to give Casey a fair shake and write objectively about his investments, his marketing abilities with the blog and his future plans.”

Thank you Nigel! Here are the series:

He also wrote about the mistakes I made as an investor and possible steps to improve my situation a couple of weeks ago. His advice is actually pretty good. Not all of it applies to my situation and I don’t agree with every point but it’s a good read for anyone who is overleveraged or facing foreclosure.

(Sidenote: I’m in Phoenix today and tomorrow, about to go meet Robert Kiyosaki and the crew, will report on developments as they happen. Deed-in-Lieu — I decided to wait a couple of days and get some expert advice before proceeding.)

53 Comments

  • after the 15 mins are over..all your left with, is the lesson that you could take away from this.

    I will give you an A for effort

    your lucky your still young
    I sure hope no one that is much older then you , will give any of this a try

  • P.S.

    I was first

  • Not so fast! What happened in Phoenix? Did Robert Kiyosaki serve you a cease-and-desist to stop using the phrase “Rich Dad” on your blog?

  • Hi Casey,

    It’s thanks to guys like you I can’t afford a house!

    No but seriously, I hope you get out of this situation and you learn to do this thing in a more responsible manner.

    Work / life balance all that jazz is important and remember instead of being a flipper in the capitalista US of A, you could have been born in the closer to Boston than Berlin, Republic of Ireland where the average profile of the first time buyer is:

    - 30 years old
    - In receipt of a €15,000 “gift” from their parents
    - and where 65% of first time buyers are purchasing their first home on a joint basis in partnership with spouse / partner…

    It’s great living in an economy where for evey €1 that is earned, there’s €1.20 already out there lent, we’re at the top of our expansion and going down with you!!!

    Saying hello from across the water at “thepropertypin.com - Making a point at the top of the (Irish) Bubble)”,

    Your sincerely,

    TUG

  • Nice to have a commenter write an article about you. How did the deed in lieu of foreclosure come through?

    Big Cheese

  • Casey, by this point I can only imagine you are winging your way southward towards R. Kiyosaki, and your destiny. I’ve given it some thought, and offer a few words of advice.

    1 - Men of his stature have little time for men of yours. This audience should be treated like the queue-jump that it is. Chicanery-wise, you’re going from little league directly to the majors - act accordingly. The introduction to the masonic-like mysteries of the R. Kiyosaki cult is a gift reserved for those who have, through proofs of their sheer gullibility, proven themselves worthy. Don’t get cocky - there are always greater fools than you.

    2 - I am not intimitely familiar with his court, but it is likely that like the ancient Pharaohs, various eastern potentates, and Bob Dylan, and so it is imperative that you never look R. Kiyosaki directly in the eye. If he wishes to allow this he will indicate it, but otherwise please - eyes to the ground at all times when in his presence. Imagine yourself in the presence of an Aztec priest, one who is just itchin’ to pull out your heart and hold it up to the sun. Or the Pope at Rome.

    3 - If you hear him utter words like “Look upon me”, you may (must!) meet his gaze but must immediately reply with something along the lines of “I have seen the face of God”. This should mollify his undoubtedly volcanic temper, and provide an assurace that you have at least a passing familiarity with his court and its habits of mind, which from the looks of things are an admixture of the dark ages, the Chautauqua (look it up), the most primitive Darwinism, and a large scoop of Nietzsche. Be on your guard! Kiyosaki is an ubermensch, one who does not talk but rather takes! Word to the wise: great men have great appetites.

    You are likely to find yourself in a situation as baroque and full of intrigue as the court of the Medicis, if not more so. The great man himself will undoubtedly be much given to communicating in riddles, puzzles, metaphors, parables, and occasionally even palidromes. When in doubt simply nod and agree. The presence of jealous courtiers, seductive pseudo-virgins (this is America, after all), duplicious bishops, and scheming, fortune-telling dwarves is to be expected. Avoid letting your drink out of your sight. Taking a food-taster might be in order, now that I think of it. Or eat at the airport, whatever.

    Good luck, my young friend - we await great things.

    PS - Juice??? For those of you who missed this subtlety I can only read it as a reference to the repetitive, incantory use of this word in the appalling “Requiem For A Dream”. Let us hope C. Serin does not meet the unhappy fate of the protagonists of that nasty little bit of celluloid. And I was puzzled by N. Swaby’s use of the words “intelligent” and “shrewd”, which apparently have a different meaning than what I had beleived. Not to worry - as a student of the language I am always seeking out alternate and evolving meanings of commonly understood words.

    PPS - Dear Max, Anon (or rather his creator), does occasionally post on a number of other blogs. I thought I had made the idea clear in my last comment - sometimes things (including “characters”) are just made up! Bubba, for example - can there be a “real” person out there as obsessed with anal rape? Not likely, not among even the most hardend viewers of “Oz”. Don’t read too much into things, dear fellow. And no, no fat fingers, no agoraphobia - actually have to get this stuff banged off rather quickly, with little time for a second read.

  • 7. you are crazy!
    October 31st, 2006 at 7:20 am

    Now we are directed to yet another rehash of your story. Good for newbies, but not for those of us with phds (yes, piled higher and deeper) in Caseyology.

    Enlighten us with your latest thoughts! What’s your next madcap plan? What’s up with the tipjar? The NYC lender? The plan with the hard money lender? RK’s wisdom?

    I miss Randy H. He’d be asking these questions. You’re driving readers away, Casey. Get back on the (blue) ball.

  • You must get off on this “intelligent and shrewd” description…feeds your ego I am sure.

    Intelligence - the ability to comprehend; to understand and profit from experience

    Shrewd - astute: marked by practical hardheaded intelligence; “a smart businessman”; “an astute tenant always reads the small print in a lease”

    Not sure how those definitions apply to a guy that is ready to throw away a gift from god on that Dallas property in hopes of turning a few thousand dollars in profit.

    Now if you had an ounce of intelligence you would have gotten a real job and probably made about $10K in salary since I started posting on this stupid blog.

    Shrewd would be renting out those houses and supplementing that cash flow with a salary until you can unload them.

    Now I think the following definitions are more applicable to you:

    Gullible - fleeceable: naive and easily deceived or tricked;

    1. NY buyer obviously working you over to get a better deal in foreclosure, e.g. cancel your listing and I will close - oh we have too many deals to close now - ok we opened escrow…

    2. Here Casey you too can make a ton of money and retire in a few years by investing in RE, just flip houses. Oh ya, you will only have to work a few hours a week, just come work for good old Rich Dad for free and I will give you a desk and a nice blue beach ball to sit on…what a deal, huh?

    Greedy - avaricious: immoderately desirous of acquiring e.g. wealth;

    1. “I need to get creative” and generate $100-150K in just a few months.

    2. “Now should I take the deed in lieu deal or work the NY Buyer to make a few grand”

    If RK has an ounce of intelligence he will run away fast after he talks with you.

  • Uh, what’s the “tip jar” for ? Is anyone really making contributions to your sorry cause ?

  • 10. Vultures circling....
    October 31st, 2006 at 8:30 am

    This is just a classic repeat of NAZcrap 5000. One sucker after another quitting his job to “get in”. Tulip mania repeats with perfect precistion. I hope the fallout is so severe that the moronic lenders that facilitated the debacle are harmed equally with the tulip chasing fools. $200/sf? Try $80 in liquidation. Go study the RTC liquidation prices. 40c on the dollar. Good luck Casey… You and the rest of the lemmings may need it.

  • Casey,

    The story’s been told…now we want to know how you handle the situation and yourself and your lessons are being and will be presented to you. As you learn from this we will be watching how your character is impacted. I think this is th most important area of growth as this point. And the real story to be told!

    Yeah, you have some real wreckage to undo, but who you become will be the bigger story!

    Frank In SF

  • “I decided to wait a couple of days and get some expert advice before proceeding”

    WTF? Shouldn’t “expert advice” be something you get BEFORE you start making decisions and going forward? So you propose to do the DIL, and now that they have agreed, you want to get expert advice?

    Unbelievable, and quite frankly, frickin’ ridiculous.

  • Prison awaits you young one…

  • You’re young. It’s only money. You’ll make more.

    Someday you will look back at this and laugh.

    I know this all sounds trite, but it is true. The one great thing about getting older is PERSPECTIVE…..

    Good luck–if you use this as the education it is, you’ll go far and make LOTS of money in the future. (Hey you just paid $140K for a RE “seminar” of your own making…..)

  • Original post: More Facing Foreclosure Juice by Nigel Swaby by at Google Blog Search: avoiding foreclosure Blog tag: Avoid foreclosure Technorati tag: Avoid foreclosure Pages: Start Tag: avoid+foreclosure

  • just don’t let the deed in lieu pass you by it’s a heck of an opportunity to reduce your damages

  • Tip Jar…..lol….you should be paying us for the time we waste here ….this is good free entertainment…..

  • Main Entry: ob·tuse
    Pronunciation: äb-’tüs
    Function: adjective
    Inflected Form(s): ob·tus·er; -est
    lacking sharpness or quickness of sensibility or intellect : INSENSITIVE, STUPID b : difficult to comprehend : not clear or precise in thought or expression

  • I see more information from the Swaby stories, and that you had a plan to keep buying houses. Why did you stop. This was a winning strategy. It’s how McDonald’s built up their hamburger chain. There was a time when McDonald’s would have gone bk if they stopped opening new hamburger stores, and they continued to borrow and build through the bad period, and today are a sterling company worth billions. So why did you stop at only six (or eight) houses. My advice is not to throw in the towel now, but get back on the bandwagon. There’s a fortune to be made on houses now discounted on the real estate market. Buy, or be left out of the boom. Read your RK books again and you will see you are missing out on the cycle.

  • Casey,

    Keep thinking positive, visualize your outcome and you will be fine.

    Your my hero man. Way to go!!!

  • THIS IS GETTING BORING

    I hope nobody is giving you a cent. This isnt even a blog anymore, you respond once a week and it makes it to hard to follow when you repond to 50 people the way you do.

    Give up, have your pr firm higher someone who can reply to your blogs for you.

  • Don’t wait too long. You only have until Nov 7 before the Dallas deed-in-lieu becomes a moot issue and your property is sold on the courthouse steps.

  • Anon, you’re trying to hard. Remember subtlety (or pehaps I should have spelled it without the ‘t’ to keep within the RE motif of this blog) is funniest. Your RK analogies are a bit over the top like if you used the potentiate spoon bending from the Matrix, or even the beard stroking from Kill Bill. See what I mean?

    As to the RK meeting, will Casey be crowing later this week or just eating crow?

  • You are still not in jail - I guess nobody has filed a complaint against you yet. I guess next you could also start a site: iamcheatingonmytaxes.com
    Greetings from
    KruziTürkn

  • For those of you who think RK is going to _bail_ Casey out; why? And will he bail him out of jail when the time comes? As much as RK might be able to prove some RE foreclosure processes that he could market, does he really want to use Casey as the posterchild for it if Casey is at risk for going to jail?

    Rather, I’d expect RK wants to see what the fruits of his labor produced and what he can do, or shouldn’t do, in the future to keep future Casey’s buying his books and training.

  • re: “Keep thinking positive, visualize your outcome and you will be fine.”

    That’s the kind of feel-good b.s. useless in the real world junk that got him into this mess.

  • Anon’s head got too big with all the senseless praise, now it’s obvious he’s trying way too hard.

    Next time, just post the Cliff Notes, I’m getting a little tired of scrolling past three pages of your self-serving nonsense.

  • more re: Keep thinking positive, visualize your outcome and you will be fine.

    He’d be much better served at this point to visualize how he’s going to deal with life with completely trashed credit, no assets, no financing resources, no meaningful income, a mess and a bill from the IRS, and the possibility of big legal problems including criminal charges.

    It’s long past time to get real. Reading Caseys posts I wonder if it’ll ever be possible. I hate to sound negative but I have yet to see Casey do anything of substance to resolve this mess. All I’ve seen is more time wasted and more stupid ideas.

  • Edward Allen,

    Read Stephanie’s comment just above yours. She’s clairvoyant and saw your response coming thus wrote a preemptive response to you.

  • Ditto M. Morrison on Anon. Anon, you are in love with sound of your own voice. Go inflict it on some other website. You’re actually lamer than Casey.

  • Caught between Fraternity Row on the one side and lit-crit and psychoanalysis on the other… what to do…

    Alas, the tribe has spoken!

    Yours, In Memory.

  • I would tend to agree with star. Things have gotten very far down a very bad road, and I don’t see anything truly productive being done to slow down or stop the train. This meeting with Kyosaki can’t possibly bail him out, RK is not interested in small-time flip deals (I would assume). I’m sure he is much more concerned with selling books and games.

    Anyway, it will be interesting to see what is in store for the next installment.

  • 33. Harry Fisterbottom
    October 31st, 2006 at 5:46 pm

    “Move along folks! Move along! The shows over!”

  • Casey,

    In some weird way you appear to be enjoying your “misery”. I don’t get it. Is it the publicity, or maybe the fact that you think your going to come out on the other side of this “rich”? Do you know how many other people in this world, hard working people, have made bad decisions and pay the consequences for their actions? You appear oblivious to this situation. You don’t deserve to get an opportunity to meet Richard Kiyosaki. Much less have somebody else pay for it. Do you ever think about the fact that the banks you defrauded may be building a case against you? Did you ever consider the possibility of being the poster child for white collar crime while you sit in jail instead of reaping the rewards of all this press for ignorant decisions you made? Probably not, your still too blinded by the possibility of getting “rich”

    It is interesting how this world works. Self centered pompous people like you, usually get breaks they don’t deserve, while honest hard working people tend to suffer the consequences of their actions.

    You truly are clueless! Why don’t you try to do some good with your life; like maybe charity work? …… Oh nevermind, your probably too busy getting rich while “using” other human beings.

  • Oh no ! Not Nietchean palindromes !

    Anon doesn’t disappoint, as always, but I am starting to doubt his taste in movies. Requiem for a Dream was awesome. It was horrifying, yes, but that’s what made it good.

  • 36. you are crazy!
    October 31st, 2006 at 7:01 pm

    Well, from the most recent post, RK was using him for material on his show. Obfuscation once again, Casey. Purpose not to help out Casey, instead 2 more days away from the blue ball (aka “work”) and “building” his “business”. (yes, I’m using quotes here as a form of sarcasm).

    This is getting Boring. We want the finale to this story! The natives are restless!

  • Well said, Ken.

    There are more sympathetic child molesters out there.

  • Anon,

    As I was preparing to respond to your original comment-a return to excellence by the way-your second comment turned up, making anything I could have said null and void.

    Like the schoolyard bully who had to taste his own blood for the first time, you’ve made a hasty retreat and run.

    How quickly the crowd turned against you. I suppose it’s better to retreat now and live to blog another day somewhere else than to fight this battle.

    I take comfort in knowing Casey can sleep well tonight knowing Anon will pester him no more.

    Give me your torch Anon, for indeed, the tribe has spoken.

  • 39. PT Barnum is alive and well
    October 31st, 2006 at 9:08 pm

    This is like the OJ trial. It sprouted a whole host of cottage “industries” and personalities.

    Casey, you need to get the PR machine working overtime. We are at 14.75 minutes and counting.

    You refuse to answer my questions I posted on other threads. Why? Because you can’t and keep this charade going.

    BTW.. I like the nice touch of your hero RK with the “finger-flip”. REAL CLASS ACT. Once an Amway salesman, always an Amway salesman.

    What are you afraid of in asking him those questions I posted? The truth?

    Oh, I forgot… this is a viral marketing campaign.

  • Your sponsor is pretty cute, but you have to wonder about parents who name their daughter “Prlinkbiz.” Is she Uzbek also?

  • Reading Anon, or three posters, who I’ve no idea who they are and contribute less than ziltch..thinking…I’ll take Anon.

  • 42. Harry Fisterbottom
    November 1st, 2006 at 3:19 pm

    So long, Casey. I enjoyed the story for awhile, but now the PR shines through.

  • I’m trying to remember the source the interviewee (great man)
    Interviewer: You are known for your excellant judgement. How did you develop your judgement skill?
    Great man: Experience
    Interviewer: How did you gain the experience?
    Great man: Bad judgements.

  • Anon,

    Don’t foresake us. Or at least tell me the name other blogs you post on. You had become the replacement to my much mourned (and much beloved) Fafblog.

  • Alright, hellions, pull out your teeth!

    (Sigh). Yes, Casey should take that deed in lieu. These are hard to come by and judging by your mail from ReconTrust (very familiar in my business and recent personal atrocity), you are in some serious trouble (really; not pretending)!

    I worry that RK only used you to come on his show, wasted your time (but motivated you more to validate his system), and you are no closer to making money.

    This whole adventure is an awesome learning experience; one blogger said it best when saying the real treat is seeing what you become as a result. I wholeheartedly agree.

    Real estate is slowing and flipping is a tremendous risk. I am seeing my real estate license be come virtually worthless (as far as sales and commissions) and my skills I have learned in creative financing/sales being more necessary. So some of that guru stuff is useful, but you need to filter out the crap.

    Did RK give you ANY real solutions to your multiple pre-foreclosure issues? Or did he ask you a bunch of questions, give you loose concepts that he didn’t have time to explain, and then cheer you on and hand you lots of books (followed by more cheering you on and back-patting)? I truly hope he gave you some advice of real substance, even indirectly.

    I have read many RK books and they are great for motivating my brain and making me think creatively. That is good for you, because it is easy to shut down in this situation and not be able to think your way out. You need REAL solutions and you need them “now”.

    I sincerely hope your PR makes you some money, but more than likely, it could just end with them moving on from you and leaving you in your collapsed credit and foreclosed assets status with no real results, just 15 minutes of fame. It can be heartbreaking; don’t believe the press. You are something special and you don’t need press to validate that.

    You are very skilled in web-design and probably web PR. Go and get an awesome job with flexible hours -at the top of this PR buzz- and start paying off your debts that way! You can still start your own firm/business soon enough AND keep investing in RE on the side, but right now you need to provide for your “family”.

    Most RE investors do have a great job (or a lousy one) and invest on the side; then they quit their day job when their passive income permits. You cannot afford that luxury right now, so you will have a much harder time getting ahead with very little capital.

    Please heed the advice of the wise bloggers (not the jerks). I know the books say you can get rich quicker without a J-O-B, but you need job experience to really know how to run a business. You need working capital.

    Even if you buy homes with $0 down, there are still monthly payments (as you now see) and you need money in the bank (reserves) to sustain those properties or you will put a lot of already hard-up people in worse situations when you cannot find buyer for their under-contract properties.

    I sincerely wish you the best. I am only sharing the wisdom as I learn, myself. Find a creative way to use this PR to make a paycheck for you.. reality show?? I have a reality TV show producer’s phone number that is looking for interesting stories and they pay about $25k.. maybe you should look into that to avoid a job (if you really want to avoid a job and turn this into a success story, though I would STILL advise finding a means of steady income).

    Good luck either way & God Bless! I hope you prove them all wrong.

  • How much did it cost to send out the press release? And who paid for it?

    I get the feeling other people are using you to market themselves. I’d like to know what kind of ad revenue Nigel got out of this.

    The articles read like a high school essay by the way. You’re better off telling your story to real journalists.

  • Casey,

    I want to publicly thank you for taking the time to talk with me about your situation and allow me to write about it. I hope you’re satisfied with the posts I have made. Thank you for making such a generous post regarding my attempts at conveying your story. I wish you luck and if you need any further advice, please don’t hesitate to ask.

    Nigel

    To the Board:

    I contacted Casey several weeks before the USA Today story hit. At the time, I felt Casey needed larger exposure than just the local press he was getting. I hoped my interview with Casey and the accompanying press release could propel him to the mainstream media. Due to Casey’s schedule, we were unable to conduct the interview as originally planned. Three days after the interview, the USA Today story hit. I had been scooped.

    As a result, I modified my strategy of my posts to become a serialized story. This was a mutually beneficial arrangement. I wrote a story from a different perspective than any of the others and I publicized it, at my expense. In return, I hoped to leverage some of the traffic from this blog and present a different angle of the situation. It was a win/win for both parties and Casey agreed.

  • 48. PT Barnum is alive and well
    November 3rd, 2006 at 6:19 pm

    TRY and explain this away:

    The story with me actually begins about a month ago, when I got an email from Casey out of the blue. I hadn’t heard from him since high school 6 years ago. (Emails reprinted with permission.)

    From: Casey Serin
    To: [BCC list]

    Hi Ramit

    I hate SPAM too! You’re receiving this because you’re in my personal mailing list. You’re a friend, family or an acquaintance or past co-worker or client. If you don’t want to receive occasion updates from me please use the automatic unsubscribe link at the bottom. Thanks!

    Long time no talk! Yes I have not been good at updating everybody and keeping in touch. So here is a 1) quick update about what I’ve been up to, and 2) an opportunity to put your money to work with us in the real estate business

    […]

    This January I quit my job to do real estate investing full-time. Together with partners in the area we buy and sell houses for fast gains and we also hold property for appreciation. In the first part of the year I personally bought 7 houses in 4 different states. It’s not all easy - there is definitely a learning curve. It helps to have experienced associates to help me along.

    Now what??

    We have a unique opportunity to continue to expand the real estate business. Because of the market reversal in California there is going to be many people in trouble with their loans. People have been buying more home then they can afford or refinancing like crazy. Foreclosures are already on the rise and they are going to sky-rocket in the next several years.

    There is an opportunity to 1) help people out of trouble and 2) make some money. Service and integrity comes first though. I know what its like to be behind payments and face foreclosure. I refuse to be a “shark” investor.
    It must be win-win, or no deal.

    Want to participate?

    Do you have money that’s sitting in an account somewhere earning an embarrassing 1-3%? Are you comfortable with your retirment money sitting in a volatile stock-market?

    Maybe you’re not investing at all. Are you comfortable trusting social security to take care of your retirement?

    Invest your money with us and get 24% fixed return secured by real estate.
    We use your money to buy and fix houses improving the area and helping sellers in distress.

    Benefits to becoming our private lender:

    * we pay fixed 24% interest on your money - reliable returns

    * compounded monthly - your interest is making interest and it grows exponentially

    * secured by real estate - just like a bank, YOU get a mortgage against our properties to protect your investment

    * start with as little as 10,000

    * may use your 401K or IRA account - get tax advantages

    * your money doubles every 3 years

    * 10,000 grows into 100,000 in 10 years

    Worst case scenario…

    If we can’t pay you back, you get a good property. We only put your money into a house that has at least twice the equity as the amount you’re investing. We only invest into nice properties in good neighborhoods. If something were to happen to our business you can normally just sell the house at a discount and get your money out. What stock or mutual fund is going to give you THAT kind of security?

    Limited opportunity…

    We can only take a certain number of private lenders. Get back to me soon so I can explain in more detail.

    Also please forward this to anybody else who may want to get a high return on their money. We pay referral fees!

    Anyway…

    I would love to hear from you either way. Lets catch-up!

    You can imagine my disbelief in getting this email. Here’s an old acquaintance who I haven’t heard from in years, and he pitches me the shadiest-sounding financial “opportunity” I’ve ever heard of. “Fixed 24% interest on your money - reliable returns”? Oh really? Give me a break. When I read that, I immediately knew this “offer” was BS, but just to play along, I asked him what the risks of his idea were. He replied:

    From: Casey Serin
    To: Ramit Sethi

    1) Getting into a bad deal. Minimize with experience. I’ve been investing full time since Jan of this year and dabbled part time for about a year before. I’ve already made my share of mistakes and learned from them. (Good blogging material!) So I’m still pretty new but not BRAND new. To fill in the gaps in my knowledge I work with other experienced investors who help me and partner on deals with me. That’s the “we” part.

    2) Private lender needs his/her money out early. Minimize with having other lenders on stand-by. I would not try to keep a private lender locked-in. If I can find another lender to take their place then I’ll give back the money plus interest without any fees.

    3) Seller is afraid we won’t make their payment. Minimize with education.
    First of all, most sellers I deal with are about to loose their house and already have 2-5 late payments on their record. They don’t have much to loose, especially since I’ll give them money for their equity. Better then loosing the property, getting a foreclosure and getting no money. Second, if I’m investing 10K+ into a deal why would I not make the payments and loose my investment? I’m catching up their loan, improving their credit and helping them get a fresh start. The seller has much more to gain then they have to loose
    ..

    PROOF that this has all been a scam. You are either lying not ( HA, that sounded to funny), or you were lying in the emails above.( again too funny)… Either way you are a first class scumbag.

    See, Casey, or whatever your real name is, the truth eventually comes out. No matter how many lies your tell, no matter how you try to obfuscate and hide the truth, it has a nasty way of biting you in the a** . Usually it’s at the worst time, like now.

    Just TRY and twist your way out of this one. How do you sleep at night? So, how’s it feel to be owned?

    What a major POS.

  • of way.) Was it because I didn’t paint Casey as being stupid? Was it because I offered a positive story, told mostly by Casey himself? I wouldn’t find that out until now, but more about that later. My email filled up with negative comments as did Casey’s post about the story. Eventually things died down. I would comment as Casey told his story, sometimes posting links to my blog about subjects related to foreclosure. The hate towards me died down as did the traffic from IAFF.

  • I am Facing Foreclosure .com » More Facing Foreclosure Juice by … [yahoo google ] Nigel Swaby, a mortgage broker and real estate investor, … links from Technorati Original post: More Facing Foreclosure Juice by Nigel Swaby by at Google …

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