If everyone did what Casey did witihin the next 2 moths we'd be seeing 235 million foreclosures.
If everybody did what Casey did witihn the next three months the bankruptcy courts would be asked to discharge $18 trillion in debt.
Shame that everybody does it.
86 comments:
Wow! Your spelling and grammatical errors have made this post completely unintelligible. You may want to fix the errors...if you know how.
May I suggest an editor? Or even spell check in MS Word. Oh, yeah, you're a Mac guy...
That explains it.
his spelling is still better than Casey's
Casey's an Uzbeki immigrant who's lived in the country for twelve years. Rob's spelling better be better!
I'm intrigued about this comment posted on IAFF, because I've often wondered the same thing:
"Yeah, right. Casey, would you please explain this in a little more detail? YOU ARE NOT AWARE OF ANY FALSE APPRAISALS? I have asked you repeatedly how you were able to get loans for amounts that exceeded the actual purchase price of the homes, but you continually ignore my question. HOW DID YOU GET AN A LOAN AND AN APPRAISAL THAT EXCEEDED THE ACTUAL PURCHASE PRICE? Are you honest enough to show us the contract and the appraisal?"
How is that possible? How could he have gotten appraisals for higher than the asking/purchase price? That's the only way he could have gotten cash back, right?
IAFF is down...could this be the end?
probably not the end, Casey is exercising his mad IT skillz again
Hey everyone look - A troll who has nothing better to do than pick on others spelling and grammar. If you have nothing to go after other than spelling and grammar, you have NOTHING.
Shoo troll shoo!
Nigel must be bored. The best he can do is troll this site for grammatical errors. Bwahahahaha we know it's you buddy. What's wrong? Jealous that you are own3d?
Surprise, surprise... Casey never bothered to seek my assistance with the Utah wrap $.
Imagine that.
Tracy - don't feel bad. It would have required him, like, finding the piece of paper with the name/number of the bank. Too much effort.
There have been more responses on EN in the last hour than Nigel has publshed this month. Which is funny seeing as he's tied his reputation so tightly to his blog that he feels the need to moderate and censor replies.
No doubt there are additional issues he's dealing with such as being caught with his imaginary Super Double Secret Ninga Delta Force Forensic Accountant Strike Team fantasy. Imagine being so wrapped up in yourself, drinking your own kool-aid that you cannot see how ridiculous that looks from the outside?
Sorry for the sloppy typing, it's been a long day and the blood cells are starting to build up in my cafeine/alcohol stream. I can only hope that if I get sufficiently loopy Nigel's little voices will start talking to me.
Rob - you're starting to seem a little obsessed with Nigel...
"FBI Forensic Accountants!"
"Freeze And Drop The Rocket Launcher!"
Jade said...
Tracy - don't feel bad. It would have required him, like, finding the piece of paper with the name/number of the bank. Too much effort.
I'm not gonna lose any sleep over it, that's fo sho. I suppose deep down I was hoping he'd do the right thing and help me to help him find the payment for that Utah family.
Then again, when's the last time our Casey did the right thing?
Casey didn't post my comment on his site, which in itself means nothing but, i didn't sau anything vulgar etc. possibly he didn't post because it is along the lines of his current strategy
basically I told him to sue the lenders, the banks, kiyosaki, all the gurus, anyone that helped him get these mortgages etc. sue them basically because he was never mentally or emotionally competent.
maybe this is his plan LOL
Rob - you're starting to seem a little obsessed with Nigel...
Okay, I'm stepping away from the keyboard and putting my mouse down. Reasonable observation, I'll watch myself, it isn't healthy. I tend to get a little testy when someone compares me to Bhagdad Bob but you are correct. Consider the source.
Oh my god, I forgot about Baghdad Bob.
Disregard.
Carry on.
Casey has been seen on J street in downtown sacramento pimping himself out.He is claiming happy ending for all.
http://www.shapiroattorneys.com/admin/co/content/SaleReport.pdf
New Mexico goes on sale on 3/28/07.
I hear Casey is moving to San Fran, and is advertising as an escort under the headline "Flip me over for a REAL San Francisco treat."
Why does Yahoo carry commentary from Kiyosake? I've read several of his articles there and have yet to read anything that hasn't been either completely obvious or completely retarded. Why pay $5000 to go to a seminar and hear filler?
From his latest article:
"The point is that you need to be critical of experts. Is the person you seek advice from able to give you a credible answer?"
Well Robert, I think about $30K in Casey's a.k.a. Countrywide's dollars prove that the answer to that question when applied to yourself is a resounding NO.
Troll@3:35
In the latest Mac OS, the dictionary works anywhere, in any application. I can right-click on a word I suspect is misspelled in any window in any application and be offered a correct spelling to select and have happen. No need to copy your text to MS Word, run a spell check, and recopy to your browser.
I wonder if they copied that when they copied Tiger/Panther/Jaguar and called it Vista?
Why pay $1,500+ to go the Superbowl or $200 to see a concert or fork over $25 in the Ol' Time Revival tent? Because it's an event.
RK has created a superstar out of himself. He carries a premium becuase people think they might actually get something out of it that can make them money.
My sticking point is always been that what he's saying is not a secret. He's published it and lectured about it. If the information is available to everyone, then its value drops precipitously.
Folks who go did not understand the information from the book, but thought it was important. They think they might get the answer by seeing him in person.
Can we say Kafka’s Trial seems to be happening around here? Who/what is actually on trial and why are we really pissed off?
IMHO, Casey is a symbol of our overall frustration and aggravation with this f-ed up country (+ world?).
I am not a Casey “fan” in the least; however, after following the situation for many months and wondering why the hell I cared, I thought it might be worthwhile to investigate the source of the problem...
Since I highly doubt anyone gives a flipping f what the results of my investigation were, I won’t bother writing about it…Look within is all I can say.
okay, I must be an idiot. How do you right click on a Mac (one button on my trackpad)? thanks much.
P.s. I promise I won't tell nigel's delta force CPAs.
Mac single button mouse use a modifier key. Usually Ctrl sometimes opt/alt. I'm solid 2 button + scroll for any machine I use regularly.
Regarding Mac clicking, no clue. An OS I could never quite understand (sorry guys)
Personally, I'd prefer another entropy discussion.
MiA,
I think you hit the nail right on the head. Casey is easy to attack because he allows it. People are pissed because of their own personal issues and bashing Casey happens to be their relief. In the end, Casey will go away - to jail, to the poorhouse, or just plain quit the blog, but their own issues will remain.
Personally, I'd prefer another entropy discussion.
Philosophical or cosmological?
Or if you prefer:
The center cannot hold - Yeats
versus:
What's the point? - Alvie Singer
@Jade -
Surely he had dishonest appraisers.
I fear there are a whole lot of them out there. When I was talking about selling our former house, before I'd hired an agent, turned out one of my neighbors was a licensed appraiser.
He offered to appraise the house - nice and high and specifically to help inflate values in the rest of the neighborhood. I declined. At the time, seemed like no point. The place needed renovation, and I thought "officially" putting a too-high value on it would scare away potential buyers.
Perhaps I helped prevent a mini-bubble ;-).
I was thinking ontological.
I'm agnostic as to the very existence of ontology.
P.S. Life must be quite different as a "we" as opposed to an "I".
Rob 9:21: Sort of like my experience with Macs;).
I really love all these "a little bit of Casey in all of us" and "look within" new age bullshit that gets spouted off here as a way to excuse this pos's behavior. So, then if I am pissed off a murderers it is because I have a secret desire to murder? If I hate child molesters it's because I want to do it too? Give me a freakin' break, can't I just hate the little weasel because I think he is of no use to society, is actually a burden to society, he doesn't believe he has to account for his actions with what society would deem acceptable, and maybe, just maybe, because he is an arrogant little son of a bitch that thinks he is above the law and is flaunting it (see OJ). So for all the pop psychologists out there, just shut the hell up already, or as T would say, Put a sock in it. If my wanting the little turd to suffer for his crimes makes ME have the issue, then damn right I have issues, and will continue to do so, until the little scam artist pays. Bunch of bleeding hearts....cry me a river...
Well... it has been described as a higher plane of existence.
By the way, you GUYS do know that I am special special special ops right? I'm so high up and classified that even the men in black don't have access to my files. I'm so secret that even I don't know I exist, and yeah, I have issues, but since I don't exist, how can I get treatment right? Shhhhhh......
Legion,
Good to have you on board take a seat next Super accountant and we'll engage the nanotech femtodrive with freem effect.
Yes, all those and antigravity too are all being used in the black
helicopters. Unfortunately, President Carter beleiving the doomsayers
of a global ice age assigned them to stir up the atmosphere and
prevent cooling. Unfortunately this started global warming so
President Rohdam (2004-2028) used time travel to go back and warn
Pres Reagan (the first one) so he could burn the Omani oilfields and
block the sun and blame it on Iraq.
The problem is now that we don't pollute enough. See, "Fallen Angels"
by Niven and Pournelle.
-------------
One minute the two Space Hab astronauts were scoop-diving the
atmosphere, the next they'd been shot down over the North Dakota
Glacier and were the object of a massive manhunt by the United States
government.
That government, dedicated to saving the environment from the evils of
technology, had been voted into power because everybody knew that the
Green House Effect had to be controlled, whatever the cost. But who
would have thought that the cost of ending pollution would include not
only total government control of day-to-day life, but the onset of a
new Ice Age?
Stranded in the anti-technological heartland of America, paralyzed by
Earth's gravity, the "Angels" had no way back to the Space Habs, the
last bastions of high technology and intellectual freedom on or over
the Earth. But help was on its way, help from the most unlikely
sources...
-------------
That's enough. We've sent out the black helicopters.
Resistance is futile. Put down the mouse and step
away from the keyboard and no one gets hurt. After
your implant is removed and your liberal education
is neutralized you'll be required to reread this post
every day for the rest of your life.
BTW have you tried one of the Organizations' new extra-black
helicopters? Not only has the particulate matter exaust been
increased but the new carcinogen injectors have further reduced
fuel efficiency. Ahh progress.
Except now that you know you will have to be killed sometime in the
past as soon as the orders come through from sometime in the future...
Such anger Legion. You should do something about that.
Maybe a shag in the barn next to your single wide trailer with the first available sheep would do it?
Baah!
ahhh, Rob Dawg! You must be "THE ONE" that my handlers told me would one day make himself known to me. I have been waiting patiently to be reactivated, and you obviously dropped the correct words in the correct sequence. What is my next mission? Remember to use the lucky charms secret decoder ring to write the next message...
@anonymous,
heh heh heh, you only think it's a sheep..this is how we hide the aliens...by the way, since you are the same person that keeps at me about sheep..have you looked into WHY you have such a fascination with sheep? Look within yourself..really deep..is it perhaps a fantasy that you have? Is that why you always bring it up? Such anger..or should I say..lust?
I like the SheepMan in the missing floor.
If you guys want to be a-holes, I'll wait for the Sheep Man in Japan.
I am not GameOver but feel that way at this point. If you guys don't give a flipping flip about the Buddha, the sheep man, the egg man, etc. I want nothing to do with you so shove it up your cunt ass.
Geez, another Casey lover going ballistic on this blog, the pressure must really be getting to them.
Everybody look it's Anonymous Nigel/Casey fanatic!
Everybody look at him dance to Casey's orders. Look at him pretend to be superior to everybody else.
Wheee, he's a special little snowflake. All full of love for the people who scam and all full of hate and bile for people wanting to hold the cheaters accountable.
What a good little sheeple he is. Tell Casey hello for us. I'm sure he is proud he has one supporter.
I've got people in California.
Mr. Sheep Man will show up and it is up to him to decide. I'm going to sleep for now.
Signed,
MiA
(Mr. Sheep Man fan with no relation to CS, Nigel and whatever other BS you guys want to come up with to break my brick wall.)
No ma'am we don't hate you. I am here to call out anonymous trolls much like a policeman would arrest a criminal. Trolls are bad, bad people.
Anonymous said...
People are pissed because of their own personal issues and bashing Casey happens to be their relief.
Oh, look!! It's Dr. Phil's annoying red-headed step-brother.
How cute.
@ Legion:
I totally knew you were special special special ops cause I still have my childhood secret decoder ring. Somehow I knew it would come in handy. True story. :)
Can we please properly define the term "troll" - it is generally used in so many different contexts, I can't figure out where to put it in my data dictionary. The Sheep Man makes a hell of a lot more sense.
Can we please properly define the term "troll" - it is generally used in so many different contexts, I can't figure out where to put it in my data dictionary. The Sheep Man makes a hell of a lot more sense.
Ok, so maybe it's not REALLY a true story. But it COULD be... in Caseyland.
I applied to the CIA and the FBI for jobs once... that means I'm a special agent! License to Kill, big ol' gun, bang, boom, pow! Take that evildoers!!
@T
ixnay on the decoderay ringay
Who knows who will be reading.
Just got thru rereading Nigel's post on IAFF
geeeeeeeeeeezzzz
Can you imagine this guy and his secret agent friend going out to troll women?
"Ok, ok, it's been about 10 months since either of us got laid..and"
"Hold on there buddy, as I recall, I got SOME 3 months ago"
"Yeah right, it doesn't count if you have to pay for it!"
"Touche"
"so what will it be tonight, the secret agent gambit? chicks love that stuff"
"Yeah, hold on, let me put my earpiece in and I'll also put on some shades even though it's dark out"
"Can you try something better as an earpiece than your grandmother's hearing aid?"
"Ok let's go thru our checklist; false business cards?"
"Check"
"100 dollar bill wrapped around a bunch of singles?"
"Check"
"Wedding rings off?"
"Check"
"condoms?"
"mine is already on dude"
"What the..you kiddin' me?"
"Duuude, you know it kind of ruins the moment when I whip it out of my velcro wallet!"
So this is Local Rich Dad from blue ball office fame. Guess the son is Dustin.
Didn't this guy state a while ago that he hand his father make million dollar deals on their words alone? BS alert!
2 employees, ie, Dustin, and Casey. Started in 2004 (housing bubble) and annual revenue of 61K?!?! WTF! Is someone trying to cheat on taxes here? Maybe a quick trip(lol I meant tip) to the IRS will make them keep better invoices and accounting books. What happened to those million dollar deals? I think we should get Nigel's friend down there to 'interrogate' this criminal mastermind! That's right agent zero, drop the bomb on this ringleader!
Secure Tomorrow-Asset Protctn
(916) 978-4880 3636 Auburn Blvd
Sacramento, CA
The person who runs the business is: Paul Prestwich.
Info about the Rich Dad:
Year Started:
2004
State of Incorporation:
N/A
Location type:
Single Location
Stock Symbol:
N/A
Stock Exchange:
N/A
Trade Style Names:
N/A
SIC Code:
8322-Individual and Family Social Services
Business Description:
Individual/Family Services
Estimated Annual Sales:
$61,000
Estimated Employees:
2
Estimated Employees at Location:
2
Contact Name:
Paul Prestwich
Be clueful, my little ones. Strive for clue-icity, and spurn cluelessness.
First off, Dustin's BS about multi-million dollar handshake deals is BS, assuming that he is talking about real estate. A contract transferring an interest in RE must be in writing in order to be enforceable.
That said, Prestwick/RD may operating under multiple business names, some of which may be generating more than $61 K per year. I notice that Prestwick's name seems to come up as a trader of waste paper for instance. No clue here.
Keep in mind that any info gleaned for companies from D&B or elsewhere usually is incorrect.
They get the gross figures from various credit sources. It's not uncommon for a creditor to give D&B higher gross figures.
Anybody see Nigel's newest craptastic post? I read his points and their sheer idiocy kept me from dozing off.
Nigel is a tool plain and simple, I say baghdad bob keeps the spotlight turned onto him.
Oh and btw, Hi rob and stephJ and jade, and ratlab, and heidi, and dolph, and all the others...been gone a couple of days.
Readers digest version, son, 15 stitches, work, no sleep for 49 hours, all came to a head last night and slept finally for 7 hours...now work again.
and to top it all off, I have a deal I am working on right now that I should be concentrating on in my spare time. Already have contract locking up the property and instead of marketing (critical to me in the first 4-7 days)--well I am pissing away time.
I need a v-8.
casey serin is keyzer soze
he is the ringleader, the mastermind, he is playing the harmless simple minded guy with the limp.
he will walk away from all this, leaving the CPA/SNIPER/INTERROGATOR GUY scratching his head wondering how he was so easily duped by the simpleton act.
I can no longer resist-
I am going to begin writing a screenplay for Special Ops CPA immediately. Course, I will need to bring Legion AND Nigel's friends on as consultants (and of course I wouldn't want to cut Nigel out completely since it was him who tipped us all off the government is employing a crack team of number crunching Jack Bauers.
Thanks god for Special Ops CPA. No wonder we feel safe at night.
On the Casey front...What was his reason for not "working on weekends"? Other than that he doesn't work in general.
What are the dates of auction on the next three properties i.e. Larchmont Burdett and Rio Rancho?
TK:
Wow, I was just thinking of telling Casey to sue Interthinx for having used his story:
http://www.interthinx.com/press-releases/release_091806.html
But perhaps there's a gig for you there!
Let's make that click-licious:
Interthinx™ Collaborates with Leading Industry Professionals to Create Effective Fraud Prevention DVD
New post at doucheworld. Casey talked to some corporate lawyers about his corporate credit plan. FBI, CIA, IRS, super accountant, somebody PLEASE stop this guy. WTF is wrong with this country.
Casey is scheming bigtime:
I met with two corporate attorneys at a highly respected (and very expensive) law firm today. I ran my idea of borrowing money via my corporation and using the capital for future deals, as well as, borrowing from the corporation to refinance/settle my existing debt.
My corporation would be used to continue doing real estate and other types of investments with the added asset protection, tax advantages and borrowing ability that I did not have as a sole proprietor.
As far as the legalities of borrowing from the corporation… They said as long as I am not lying on any applications and the personal loan from the corporation to me is legitimate (promissory note, payments, reasonable interest rate, etc) then there is nothing wrong with borrowing money from the corporation.
Perhaps the office of the California secretary of state (they register corporations) would be interested.
Casey, how did you pay the very expensive lawyers?
How are you going to pay the annual corporate fee?
Don't you think those dirty pennies belong to CashCall and the banks you defrauded to buy those properties?
Man, I am so angry, I wish CS was standing right here so I could beat him up BIG TIME.
Somebody stop this SOB please!!!
Where is justice?
WTF SOB!!!!
Ever notice that the only thing that ever really motivates Casey is the prospect of borrowing more money? Actually earning money is beneath him...
I assume that if Casey proudly announces that he has recieved a corporate line of credit (which, of course, he can easily get without lying on his application), that we are all going to contact CashCall, Wells Fargo, et. al., and tell them that there is a Casey-controlled asset that they can go after...
The various plaintiffs are lining up to prosecute CS.
A snipet of the hits on IAFF today:
+ BOA
+ Countrywide
+ HSBC
+ Wells Fargo
+Bernstein Liebhard & Lifshitz, LLP
In October 2006, Bernstein Liebhard & Lifshitz, LLP was selected by The National Law Journal for the fourth straight year as one of the top 11 litigation law firms for plaintiffs in the country. Only three firms made the list in all four years; of those, we are the only one to have securities litigation as its primary focus. We represent private investment firms and large public pension funds, and are dedicated to providing monitoring, evaluation, and litigation services that meet the needs of our clients. Our goal is to help our institutional clients recover monetary losses, improve corporate governance, and hold corporate wrongdoers accountable for violations of the law.
+State of CA
+City of Albaquerque, NM
+US Dept of HUD
+US DOJ
+US Treasury
+City of Rio Rancho
I posted over at IAFF yesterday and spelled out G-U-I-L-T-Y C-R-I-M-I-N-A-L in my supporter type post. It never saw the light of day so someone sniffed me out. I must not be as good of a secret agent as I thought. :)
Alrighty then! Where does the corporation get the money to loan Our Hero?
Highly respected (and very expensive) law firm. Guess that means they picked up the Denny's check!
"Highly respected (and very expensive) law firm."
In CaseyLand(TM), that's one of the law firms that advertise on the back of the phone booth. Not that we'll ever find out who the highly respected (and very expensive) law firm is - they value their privacy, you see.
Uh - in my previous comment, that should be "phone book".
However, on the bright side, Casey gets taken again! I'm sure his lawyers were **very** expensive, and I am equally sure that they weren't so dumb as to issue a formal, written, opinion letter stating that in their view as attorneys everything Casey wants to do is legit.
As they say in the legal profession, "CA-CHING!!!"
I posted this on IAFF, doubt it will get published, but we'll see.
Two things immediately leap to mind. The first is why you don't name the lawyers and the firm? Their identities are hardly a secret, or is there some sort of reason they would try to distance themselves from you? The second question is how could you get to talk to them without a retainer? I've worked extensively with lawyers in the past and at no time could I get any real advice without shelling out a grand or two in advance. Seeing as how you can't seem to scrape together a few hundred dollars to pay your bills, how is this possible?
Hey Early Rizer!!!
Fitzgerald Abbott & Beardsley has been checking out your blog. I wonder what they specialize in? Hmmmmmmmmm...
Fitzgerald Abbott & Beardsley offers innovative solutions to clients facing an array of intellectual property issues across multiple industries. Our IP practitioners provide counseling, transactional and litigation services throughout Northern California and beyond. Our IP clients range from companies with diversified international operations to entrepreneurs with a single great idea.
We respond to the immediate needs of our clients and advise them on long-term IP protection strategies. We strive to represent clients in the most resourceful and cost-effective manner.
Our Intellectual Property practice is closely integrated with other related firm practice areas such as Business and Corporate Transactions, Franchise, Estates and Trusts and Tax.
FAB's Intellectual Property Group services include:
Trademark availability, registration and licensing
Product development and distribution agreements
Copyright registration and licensing
Domain name protection
Privacy policies and programs
Trademark audits and due diligence
Trade secrets protection, counseling and documentation
Technology transfers
Confidentiality and non-disclosure agreements
Trademark and copyright infringement
FAB's Intellectual Property Group also works closely with allied patent counsel throughout the Bay Area to provide its clients with assistance in preparing patent filings and prosecutions.
Casey, notice that there are more and more lawyers and government agencies taking snapshots of your blog each day?
I wonder if the No Limit Ladies lawyered up. Sucks to be you now that Duane cut and ran.
This is my chance to show that I am finally learning my lessons.
Prediction: Casey gets a large line of corporate credit, and uses it to buy or lease a new "sweet ride" as his company car. And he can't be bothered to negotiate a good deal on it, since costs don't matter to him, so he'll probably pay list price plus an extended warranty plus the "mop and glo" package plus have the dealer mark up the financing rate. And, it won't be something practical with a low cost of ownership... Sweeet!
Anybody remember the post from this date? A reply by "Pancho" appeared, which for some reason had Casey's little picture by it. This one:
#103. Pancho
January 25th, 2007 at 4:43 pm
Casey, just delete the Hillbilly spam. It’s just lame.
Farther down the page:
#124. Baffled
January 25th, 2007 at 5:38 pm
#103 Pancho, why is Casey’s head next to your comment?
Casey commented:
#127. Casey Serin
January 25th, 2007 at 5:43 pm
@Pancho: are you trying to hack my blog buddy?
Did Casey get caught out trying to post as someone else? Later that day, "Pancho's" picture was removed.
Also, I followed this link to a blog from awhile back which preserves some blog matter Casey has deleted. I just got around to reading it and it contained this interesting item from his then-current "plan":
6. Expose Bad Real Estate Gurus and Education. Don't get me wrong. There is a lot of good books, tapes and seminars out there. However, some of them teach you just enough to be dangerous. A lot of education is overpriced / incomplete / inaccurate / shady
Why is this little prick allowed to make up lies? Even if Casey loans himself the money and keeps it transparent, he still has to ask the SoS to give him PERMISSION to loan that money to himself!
As for loans, how the hell is he going to get this cashflow of which he gabs on about? His "corporation" EARNS NOTHING yearly. A lender is going to want to see his personal credit before making the deal. A venture capitalist will INSIST on a background check. It goes on and on because it's NOT easy to get corporate credit or else any schlub would be starting a C-Corp (or S-Corp).
He also has to pay franchise fees to the state, fill out full 1120s (I'd love to see him do that - his 1120 will be complicated if he insists on loaning out money to himself). The best part is the fact he will have to disclose the loan to the Franchise Tax board. Yes, they will scrutinize this and even if he lies about it, he'll still have to pay a minimum of $800 to the state. He also may have to file quarterly tax deposits as well as social security and disability should he "pay" himself.
He's admitted numerous times that he cannot handle details. What makes him think this is going to be a cinch to do? It's not and that is what makes me laugh.
I forgot to mention that the state will want their cut of any salary Casey takes for himself. The quickest way to an audit is to claim to be an "independent contractor" when you aren't.
OT but having contributed a couple of dirty pennies in Rob's direction and appreciating the collective wisdom here...
I'm in a position to pay off the $70K mortgage on a house I still co-own with my ex. It's at 9.5% (!), $500/month in interest.
There was a fire a few months ago. After weeks of haggling, a contractor and the insurance company have agreed on a price ($65K), the contract is signed and work is about to begin.
It crossed my mind that the only good thing about still having the lender on the title when I could pay off the mortgage is that they have lawyers and therefore leverage with the insurance company if there was any further stupidity in the handling of the claim. Any thoughts?
Thanks!
dsw,
You and many others have been generous with your blind investment. I'll try not to let you down. I've held off any public thanks, individual or collective from reticence concerning privacy and making it look like I was playing favorites ,etc.
Who has your back is important when fighting wolves as long as they don't make a deal with the wolves themselves.
I should think as part of all this you could work a construction loan to fixed refi for the total deal that unless there's little equity could drop you to below 7.25%. If you are real clever use the accident to eliminate your exposure.
If you are a hardnosed ass like me multiple parties don't increase your leverage. If you are absentee or not agressive then they could make up for that. Personally I'd investigate whether they are interested in structuring the deal I just outlined.
dsw,
Interthinx must be an elaborate joke. DISSCO?
At some point last night there were 123 comments on that Sniper Accountant post. Then it went back to 66 and there it's stayed. And I can't find the new post from Condom Hat you guys are referencing.
Maybe I shouldn't have put all that vodka in my wheatgrass shot* but still...
*Yes, just kidding, lest CondomHat decide his "one hater" posting under 40 different identities, is drunk and that's why they're mean to him.
this new post is totally the underwear gnomes from south park.
Step one - steal underwear
step two - TBD
step three - PROFIT!
Rob: thanks!
Actually I can't think of anything better to do with the cash than pay off the 9.5% mortgage. I have my own bigger mortgage at 6% now. I can only afford one mortgage, and I only get one mortgage interest tax deduction (right?).
And my ex seems to have been ferociously assertive with the insurance company.
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