Wednesday, March 07, 2007
By John I think He's Got It!
We've all been scratching our blue balls wondering what Casey brings to any deal. Now that John McKee has pointed it out it is so obvious:
John McKee said...
Casey does have one skill, committing fraud to get cash back at closing.
I just think it's kind of interesting that a partner would enlist Casey's help to look at a house that the seller would be willing to sell for $2,000,000 for a quick close (Read, significantly lower than the listed price) that they say would appraise for $2,500,000 and bring along a mortgage broker.
A house with sellers eager to close quickly at a price much lower than the listed price and the price it will appraise at. An expert at committing mortgage fraud for cash back at closing. Mortgage broker.
Casey brings three things; a personal reputation that can't be further degraded, an ability and willingness to commit mortgage fraud and connections to unethical industry people willing to help. Money man G, Casey and some mortgage broker yet to be named each clear $100,000 and Casey takes a fall no harder than what he's facing now.