Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Either CampIdiot or Whofailedtoday has a post saying the the insiders at EN (this blog) are sitting on some big Casey or Nigel news. Can you guys give us a heads up as when you might be spilling the beans if indeed there are beans to be spilt?
I imagine that there are some damp diapers at some hangouts today. If they are saying they suspect big news it is because they have been contacted already.
Can someone give an update on the Muncy foreclosure which was to happen at noon today? Did the short sale happen? Did the foreclosure happen? Did someone go?
From the info we have so far, Utah will not likely be a foreclosure. It is for sale by the new owners, and when closed the loan will be paid off. End of story. The only way for it to foreclose would be it can't sell, and the new owners who both put in a downpayment and $70K of renovation to stop making payments on it. Highly unlikely. They would cut their price until it sells if worse came to worse.
I think after today (Muncy), the foreclosure story is done.
When it comes time to interview, be apologetic with the HR person that brings up the bankruptcy filing. "I was caught up in a scheme that I thought I could get rich with, and I have learned my lesson" will go a long way with the nice HR person.
Upon getting a job offer, accept it immediately. Do not attempt to play two employers against each other, do not tell them you will think about it, just accept. When you have a few more years of experience under your belt you can get a better job.
Take your salary and apply it to the following:
- Get rent current.
- Food staples at the grocery store. Canned vegetables, potatoes, dry cereal for breakfast, things that will keep for a long time.
- A Netflix account for entertainment. All the movies you can watch for a small amount per month. This is actually a good deal, as it will suck up a lot of your free time that you would otherwise be destroying your finances with.
- Last, apply 10% of your salary into a Roth IRA. This will make it at least a little more difficult to touch. Your self-directed IRA should buy 50% foreign currency bonds, and 50% treasury bills. Even though you are young, risky investments such as stocks are clearly not for you, so you should go the safer route with your savings.
Finally, make the blog one page. Purchase a sharpie, sign the murse, take a digital photo of it, and make that the only page on IAFF. Set a link from that image to an eBay auction of the murse. Take a screenshot of the resulting funds, place that on the only page at IAFF, and then take a screenshot of your IRA using those funds to purchase FXE. That will be the happy epilogue to the entire story.
Meet his first cousin by action, Robert Bennett, aka "Hocus".
He has been a lunatic hanging on the fringe of the 'retire early' movement for years. Like Casey, after first having his ideas entertained, and being nominally taken in as just a 'different thinking individual', over time he has been thoroughly debunked, discredited, shown to be completely bereft of actual talent, knowledge, insight, predictive capability, or skill; and yet, like Casey, somehow is always willing to just keep coming back to the pain...
Like Casey, it seems to be notoriety and nothing more that he seeks. It certainly is bizarre and ultimately self-defeating behavior.
Parents, please watch for this in your kids, and get 'em help if you see it!
The big news is that I just had some pot roast for lunch. 'Twas good.
Bigger news... "As I kept reading his story, I realized he's very intelligent and pretty shrewd about reaching his goal of avoiding foreclosure," Swaby added."
I dunn made sum callz to da lenda on dat wrap houz. I dunn toldz dem dat da houz be 4closed on tooday. Thay wuz very intrested in dat. hhhhmmmmmm . How kin youz 4close on a houz dat you ain't da owna on? Dat's a goot one FO SHO.
I betz dat there be sum MAJOR poopin goin on tooday iffin I reads you right Dawg bout dat udder stuff.
I gots yo back Dawg.
Casey kat, why you be hidin? I told you to turn yoself in. Why you not anserin yo fone? Why yu not be at Yulia's houze?
It is such a shame to see well-meaning individuals giving Casey advice on job seeking and rectifying his status.
Unfortunately, what Casey has available to him now is "roofer" or "Day laborer" or "lawn guy" , because the hated W2 jobs that he has decided were oh-so distasteful to him will now find the mark of his character on his credit report when HR runs his background, which they do now. They also Google.... "Rhut row!" is what they will say out loud, and "APPLICANT IS OF NO FURTHER INTEREST - DO NOT CONSIDER OR INTERVIEW!" is what they will stamp on his permanent file.
Freelancing some sweet web design?
Hardly, given his publicly demonstrated tendency to waste valuable time and resources, and miss every deadline, when left to his own devices.
I see his future:
Get used to lots of healthy outdoors and manual labor, Casey.
Ahhh. Gallows humor. Just what FFD needed! (damn. I guess now it has to be FFD, minus the wrap that the bank doesn't know has been wrapped and the buyers aren't really homeowners because that pesky Utah payment is still effing missing).
It's going to be a long day. Good thing we identified wines early on.
If Casey doesn't want a W-2 job, I can always hire him to dig trenches in my backyard. I need to put in sprinklers, gas lines for the outdoor bbq and fireplace, electrical for the area hosting the bbq/covered patio, and a big hole for the water garden. I can pay him day laborers rates with cash. He can avoid paying taxes. Win-win!!
I want to SMASH AND SMASH AND SMASH!!! F Casey! F Casey!!!! HA HA SERIN I KNOW YOU READ THIS BLOG!!! YOUR LAST HOUSE IS GONE. UTAH IS A BIG FRAUD CHARGE WAITING TO HAPPEN TO YOU. YOU ARE GOING DOWN MORON!!! DOWN!!! GALINA IS GOING TO LEAVE YOU FOR ANYTHING WITH A DICK AND A DIME TO SPARE!!!! HAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAH!!!!
I thought about hiring PRLinkBiz and her friend to slap each other's butts while Casey was trenching, but after reading "The Trainwreck" story, the butt slapping would just distract our little snowflake.
And don't forget... Nigel Swaby said, "Casey Serin's tale of facing foreclosure ranks as one of the biggest stories in real estate this year and has plenty of teaching opportunities for investors and new homebuyers alike."
"As I kept reading his story, I realized he's very intelligent and pretty shrewd about reaching his goal of avoiding foreclosure," Nigel Swaby added.
Hey Nigel, We know you are reading. How does it feel to be not only the biggest asshole traffic whore on the internet, but also the stupidest. HAHAHAHAHAHAHA!
More hilarity from our Member only wearing friend.
"Others have just ripped him up and down for being stupid and greedy. I think he's for real and want to discuss for the rest of this post the mistakes he and many other investors have made. (To be fair, an upcoming post will share how he and other investors can get out of a mess like this.) I'm not going to rip Casey, because I've been in a similar situation before. I've found that when you're a risk taker if things go right, people think you're a genius, if they go wrong, you're an idiot. All risk takers are one bad outcome away from being idiots."
Until now I figured the flippers where all dead, but low and behold they are still out there borrowing more money to keep afloat until the market comes roaring back like we all know it will in May.
Oh, they're out there, all right. The market leadership have all been telling a story about how the speculators have been cleaned out of the real estate market, but as Casey and Jeff show, they're only just starting on getting forced out.
What's even more important is that none of the banks, in either the Casey saga or the Jeff saga, has officially taken a financial hit on the foreclosures or the impending losses on their loans, as far as I can tell. All those foreclosed and delinquent loans are still in process, they only show up as non-performing loans, not yet losses. Casey and Jeff certainly aren't the only ones out there, they're just the tip of the iceberg, which means that there are probably thousands upon thousands of speculators just like them, getting forced out of the market, where the banks have yet to account for their full financial losses. The red ink in the mortgage banking industry is only just starting to flow.
Risk taker = informed individual who has researched options and thoughtfully charted a forward course, which may or may not be the path out of the forest
I was some words of advice for Dateline NBC -- start doing undercover shows with Chris Hansen, where he goes into shady mortgage brokers' offices and attempts to misstate every possible variable (income, owner-occupied, etc).
If and when he's approved for the loan, the hidden camera crew appears and Hansen informs the man that he's on their newest crime-stopping show... wait for it:
Didn't our dearest snowflake have a post a little while back where he said something like "[i know the cops might get me] but what am I going to do? Hide? Hit the road?"
I just tried to dig that one up, but I can't find it...anyone got it and want to replay it?
Argh...I feel like such a looser (tm) - what's happening? What are all these secret things people are alluding to?
A member of the Haterz™ community may have a course of legal action against a member of the Supporterz™ community. Not just a lawsuit, but a potential violation of the law. That's why all the nudge-nudge wink-wink; both for legal reasons, and to try and keep the perpetrator from being tipped off so as to give him an opportunity to cover his tracks. Anyone with a basic knowledge of the law could figure it out by reading the last week's postings fairly carefully, however.
Of course, it could be nothing, but we'll see; my suspicion is that we would'nt have even heard hints unless the people pursuing a legal remedy were fairly confident that they had a strong case.
Did I read Homey right? Is there, perhaps, more than we know going on with the Utah house?
Same question, now I'm in the dark. Anybody with any further information on the Utah house?
I'm confused--how could the Utah wrap be foreclosed on today? I think Homey is confused
Homey isn't confused. He's full of shit. Everything that guy says which turns out to be true can be found on google. Everything else he says are pure lies, maybe idle speculation.
Over on Nigel's 'alternate take' nuisance blog, we see this:
__________________________________________________________ I spoke to Casey last night for a while. He was planning on attending as the short sale was approved by both lenders, but they won't give the buyer time to close. Seems pretty counterintuitive to me...
Casey will have a new post soon. Stay tuned.
... Considering he was foreclosed on only half his houses, I would have to say it was somewhat successful. He could have lost all eight!
Most people facing foreclosure only have one to deal with and fail. April 27, 2007 1:41 PM __________________________________________________________
These two (Boy Blunder and His Swabness) are clearly birds of a feather.
After all the mind f***ing and system raping and lying that Casey has done, all in bad faith, he and Nigel are of one accord in their amazing lack of perception at how DUMB they are, and the fact that they should just STFU. Can they? Oh, no, they want to give commentary on their view of the BANK'S alleged lack of perspicacity:
"Gee, why won't the banks do a short sale?"
So, are we really really really really sure that both Nigel and Casey are not, even at this late date, even in light of overwhelming evidence to the contrary, some sort of Internet hoax?
Everything that guy says which turns out to be true can be found on google.
Hmm, he's come up with some things that were not Google-able. Even if he only has access to public records instead of legal records, he has a much better ability at finding information than the casual observers do.
In any case, the Utah house is a saga waiting to happen. There's the missing payment, the six-month vs twelve-month issue, and then, for it to work out, it's got to get sold. While a certain blogger is convinced that the Utah market is going up, up, up, I'm betting that the Utah house owners and Jeff aren't the only speculators in the Utah market (in fact, there are probably hundreds, if not thousands, of them) . . . if that market even starts to cool off, there could be a massive glut of inventory from desperate speculators trying to cash out their fictitious "equity", and that house could end up never being sold.
There are a couple of off mountain condo complexes in Park City where several years ago, prices were in the high 40k range. During the fever, speculators apparently snapped up these cheapies right and left because now there seems to be another one coming on the market every day or so. I don't have a count but over the last month or two, probably 20 or more units, priced from 90k to around 115k or so ($260 and up per square foot). I don't think those will attract buyers at those prices as they are not the desirable close to mountain locations, the flipping opportunity is gone, and they probably won't cash flow without a large downpayment.
Other properties in the ski areas seem to be holding their values, although DOM is longer.
Nigel Swaby said, "I spoke to Casey last night for a while. He was planning on attending as the short sale was approved by both lenders, but they won't give the buyer time to close. Seems pretty counterintuitive to me..."
Two effing months to close out the short sale for Muncy. Recontrust postponed the trustee/foreclosure auction twice to give Casey and the realtor time to get short sale approval and close. Two months.
__Ca-s===ey___SE\\R==IN__ has a vision, hey do you know him???? Hey did you see this????
Sounds like the kind of salesmanship that __Cas===e+++y__S//E__++RIN__6-2-6-2-7-4-6-4-2-6-and __N{{{{ig__el__SVV///wabby conduct. Just read this and see what I mean!!!
Want to find a real friend call Cas{{{{ey S++ er++=in and N___igel 2 circle jerkers hey do you know them????
Did you see this???? Originally posted by I am not a KIKE:
What the fuck, if you fucking want to see some fucking fuck shit going fucking on check this fucking shit out mother fucker:
Did you see this???
Ca__s\\\\ey had a vision
Originally posted by Earn $5000 a week from home:
I actually ass fucked Katarina Witt in Phoenix in 1995 my GOD she was so hot, I told her so and also told her I wanted to start a fan club in Phoenix for her. Security showed me the exit. Can you believe she fucked Mc Gyver.
Hey have you seen this???
Did you hear about this?????
I got the worst case of south east asian clap from that whore ==Case==y=Ser///in's ==mother I called ==6=2=6=--2-7-4==6=4=2=6== and got the fucking of a life time but I also got a case of clap so bad there is blood in my pee. you think that Sw--aby screwed you buddy
Hey does anyone know this asshole N--ig++rl fax 52-3670 almon@prodigy.net
website www.amifaciengforeclosure__.com
I got laid off and was in a bad way with a wife and twin newborns, I needed a job fast I fucked up and paid him a $5,000 headhunting fee for a lock position (he knew the president of the company) never got the interview and can not get my money back.
You have not seen screwing until you get the clap from CS's mother
Keeping it real man, I like it.
___CASE_Y____SE)))RIN G__6-2-6-2-7-4-6-4-2-6-- has a vision do you know him????? What would __CA__SE((((__SER))))ing WANG__ do????
So apparently the lender for the Utah house was 'very interested' in Snowflake having another house they didn't know he owned, and it was foreclosed today.
The mortgage company for that house was last reported by Snowflake to be Aurora. They bought the loan from First Magnus. Aurora also was the lender for the New Mexico house. The Central Bank of Utah was the escrow company collecting payments from the wrap buyer, and forwarding them to the lender, with some payments missing (Dec 7 and 12 posts, IAFF)
This latest story about the banks not giving the Muncy buyer time to close is bull. Both casey and nigel stated in post over the weekend the the foreclosure would take place on friday. They knew it was not going to be delayed again.
I'd post this at Nigel's place but it would probably get deleted, so here goes:
Considering he was foreclosed on only half his houses, I would have to say it was somewhat successful. He could have lost all eight!
That's about the worst definition of "success" I ever saw. Most sane businesspeople define "success" as meaning profit, positive cash flow, or at the very LEAST, breaking even.
Casey's venture doesn't even remotely come close to any of those definitions of success.
If I don’t catch them up sooner or later the debt will get sold to collectors and/or they will try to collect in court. At that point I may have to seek bankruptcy protection or go under the radar somehow.
@Sprezz: actually Nigel seems a little less delete-happy at DHC these days -- Benoit and I both had a number of critical comments on his "silent majority" post.
As for the "successes": Even Casey admits the Calla Way sale was a disaster, as it led to him catching the falling knife that was Burdett.
I consider myself a risk taker but HERE is the difference with me:
I don't spend or take on more than I know I can pay back. I still work at a job (or for clients) to keep the income coming. I believe risk taking is a good thing as long as you can manage the risk. Those who take huge risks knowing that if it doesn't swing in a positive direction are not smart and are no longer risk takers, they are dumb.
For example, I own a small company. It is a break even business that has been in business for a few years now. I have poured almost 100K of my own money into it. I still pour money into it. But if I find it is not making money by year 5 OR my investment/loans exceed $50K over the course of the year, I will close it up, pay back the money and move onto a new idea.
THAT is risk taking. Spending other people's money with no plan or idea if you can pay it back is a loser's game. THAT is not risk taking.
Considering he was foreclosed on only half his houses, I would have to say it was somewhat successful. He could have lost all eight!
Successful at what, Nigel? Driving down half of his neighbor's property values? He sure was successful at that task! How is losing ANY home a success? I am quite sure that you have a firm grasp on the definition of successful.
I sense you wrote that to agitate the "haterz." Guess it worked but you have to stop pretending like Casey is the be all, end all of business people. He is not an entrepreneur, businessman or investor. He is a failure and I dare you to make that statement to successful people. I am sure they'll laugh you out of the room.
My bad on da last one peeps. Homey gots fat fingas an deleted stuff befaw I dunn red it.
I dunn calld da home offiz on da Utah lenda houz 0 First Magnus Financial an axed dem bout da wrap an all.. Dat wuz bout dem not knowin who be ownin houz an da missin payment. I hadz a nice talk wit sumone there. As soon as I tolds dem bout da address and da illegal wrap dey said "OH. CASEY SERIN?!!! WE KNOW ALL ABOUT HIM." I am not gonna tellz yu wut we talked bout, but they ain't happy bout it AT ALL. They had sum not so nice things to say bout Casey kat. We talked bout how da addresses don't match on IAFF, the State of Utah website or on the title work. hmmmm....
Now git dis, they follow IAFF EVERY DAY. They be on Casey Kats ass FO SHO. I dunn told dem dat da last of da 8 houzes be fawclosed today.
I also calld da lenda bout da Modesto houze , NovaStar Financial. I also had a nice talk wit there fraud departmint. They now be knowin Casey Kat's fone numba, website and all da 411 on him fo sho.
Dawg, iffin you want I kin email yu private like da names and fone numbas if yu be wantin to call dem too.
Considering he was foreclosed on only half his houses, I would have to say it was somewhat successful. He could have lost all eight!
If you where to look at Casey’s dealings like that of a football game; a foreclosure is a massacre where the ref calls the game before it gets anymore hopeless. A short sale is massacre but the ref lets the game go all 4 quarters. A sold house at a financial loss to the owner is a close enough game that it’s worth watching, it’s still a loss but it’s a good loss in that your team was competitive and if some changes were made they might have come out ahead. A sale that brakes even is a tie and a sale at a profit is a win.
That makes Casey’s Real-estate season 7 losses to 1 win, how you can call that somewhat successful is beyond me. Nigel must be an AZ Cardinals Fan.
When you are as far deep in debt as Casey, do you really 'own' anything? Especially when you can't meet the repayment terms you agreed to?
Also, Casey: the way you use the word 'crazy', as if to subtly suggest the events transpiring now are some funny or light-hearted consequence of forces beyond your control, as though you are simply caught in the middle of the maelstrom though no fault of your own, as if what is happening and will happen to you is not fair and just, is very obvious to your readers.
I would like to ask you this: Do you suppose that James MARCIANO could have helped Mr. SERIN employ cost-cutting strategies to reduce his operating costs and improve his profitability in an uncertain market? Or would Mr. SERIN, with his disdain for higher education, ignore the advice of a Harvard and Dartmouth graduate?
Now that our Salt Lake City village idiot (award-winning douchebag) has stated he has nothing to do with robertcotesux, PLEASE someone find some evidence that he's full of shit (well, more shit than usual).
Vandalism normally is covered under your homeowner's insurance policy, or if you do have coverage undr your auto insurance there is normally a large deductable.
In Snowflake's case, I highly doubt he's covered. Of course that won't stop him from doing a "liar loan" type of insurance claim, where he states his $2000 computer, $400 camera, and $ 5000 flat screen were in the Vdub. It's all good, everyone does it, right?
Casey proves he is a sissy li'l make-believe lying POS wannabe con man.
Someone broke into that broke down Jetta?
I call BS.
Either Casey did it hisself as a sympathy ploy ('look what haterz will do. Waaa.') or else the boys at Cash Call had the Jetta and or stereo (with sweet bass speakers) listed as collatoral on loan docs.
Guess what Casey? If you don't pay, people take what they want, not what you want them to take. They act how they want to act, not how you treat others. Kinda sux bein' on the wrong end of the shaft, IF that really happened, huh?
Here is the acid test:
Didja file a police report? Yes or no?
No other words needed, just a YES or a NO, pool boi.
Funny how he can't open his loud mouth to blog about failing to wipe up the scum at Muncey, or the foreclosure sale, but he has time to post the pity-pics.
It's the small con Casey, and you are no good at it. While I wish no ill to any man, including you, if a person plays wit fire, dey sometimes get burnt, just like Richard Prior on crack. In your case, guess what can happen to grifters that get caught in the small con? The barkeep sometimes breaks their cheatin' hand with a baseball bat. Is that a crime itself? You bet, and as a law abiding citizen, I abhor it and think they should be charged. But, SO SHOULD YOU, the one who precipitates criminality in the first place. Sometimes that gets lost in the smoke, or at l east you would hope so.
Sorry, but you get no pity from me regardless of whether it was an inside job you cooked up yourself (any insurance on that heap of garbage?) or one of the hundreds of people you screwed over so far. And I say so far, because I think it is in your veins, and you are now not gonna quit until jail or worse. I sure hope you prove haterz wrong, straighten up,, and fly right. Now THAT would be a story I would buy, in five years, when you write a book, once you are on the straight and narrow.
NoVa, I agree with you that it looks like a pretty clean job especially if it supposedly happened at night. More likely - as I believe someone else mentioned somewhere - it happened during the day while they were napping.
We don't know either, but since we don't say anything about not knowing, we appear to know. Know what I mean? ............................. LOL UK, Could ya at least let me finish my coffee before being so clever, it is hard to keep up after all that wine last night. te he
93 comments:
first
ARGH so close to murstness......
and murst!
Dammittt....Dammmitttttt.....Dammmmitttttt
Hello,
Either CampIdiot or Whofailedtoday has a post saying the the insiders at EN (this blog) are sitting on some big Casey or Nigel news. Can you guys give us a heads up as when you might be spilling the beans if indeed there are beans to be spilt?
how did the last forclosure go? did casey face it???
Happy Foreclosure Day, everyone.
"At least I didn't buy 14 houses over 14 months or this thing would never end!"
"As I kept reading his story, I realized he's very intelligent and pretty shrewd about reaching his goal of avoiding foreclosure," Swaby added."
Yes, the last time an execution was conducted by guillotine was in France in 1974.
I imagine that there are some damp diapers at some hangouts today. If they are saying they suspect big news it is because they have been contacted already.
There are no beans to spill.
The bank still thinks Casey owns the "wrap" house. We ain't even done with foreclosures yet.
Suddenly the Utah wrap is much more interesting than it had been in the past.
Can someone give an update on the Muncy foreclosure which was to happen at noon today? Did the short sale happen? Did the foreclosure happen? Did someone go?
From the info we have so far, Utah will not likely be a foreclosure. It is for sale by the new owners, and when closed the loan will be paid off. End of story. The only way for it to foreclose would be it can't sell, and the new owners who both put in a downpayment and $70K of renovation to stop making payments on it. Highly unlikely. They would cut their price until it sells if worse came to worse.
I think after today (Muncy), the foreclosure story is done.
advise for casey: don't drop the soap.
Advice? To Snowflake?
Monday morning, walk into a bankruptcy attorney's office and declare.
Tuesday morning, put the resume on Monster.com, Dice.com, and whatever other job posting sites are out there.
Tuesday afternoon, browse job listings and e-mail the resume and short letter to each posting that sounds interesting.
Wednesday morning, repeat Tuesday afternoon's activities.
Wednesday afternoon, repeat Tuesday afternoon's activities.
When it comes time to interview, be apologetic with the HR person that brings up the bankruptcy filing. "I was caught up in a scheme that I thought I could get rich with, and I have learned my lesson" will go a long way with the nice HR person.
Upon getting a job offer, accept it immediately. Do not attempt to play two employers against each other, do not tell them you will think about it, just accept. When you have a few more years of experience under your belt you can get a better job.
Take your salary and apply it to the following:
- Get rent current.
- Food staples at the grocery store. Canned vegetables, potatoes, dry cereal for breakfast, things that will keep for a long time.
- A Netflix account for entertainment. All the movies you can watch for a small amount per month. This is actually a good deal, as it will suck up a lot of your free time that you would otherwise be destroying your finances with.
- Last, apply 10% of your salary into a Roth IRA. This will make it at least a little more difficult to touch. Your self-directed IRA should buy 50% foreign currency bonds, and 50% treasury bills. Even though you are young, risky investments such as stocks are clearly not for you, so you should go the safer route with your savings.
Finally, make the blog one page. Purchase a sharpie, sign the murse, take a digital photo of it, and make that the only page on IAFF. Set a link from that image to an eBay auction of the murse. Take a screenshot of the resulting funds, place that on the only page at IAFF, and then take a screenshot of your IRA using those funds to purchase FXE. That will be the happy epilogue to the entire story.
Think Casey is a loon?
Meet his first cousin by action, Robert Bennett, aka "Hocus".
He has been a lunatic hanging on the fringe of the 'retire early' movement for years. Like Casey, after first having his ideas entertained, and being nominally taken in as just a 'different thinking individual', over time he has been thoroughly debunked, discredited, shown to be completely bereft of actual talent, knowledge, insight, predictive capability, or skill; and yet, like Casey, somehow is always willing to just keep coming back to the pain...
Like Casey, it seems to be notoriety and nothing more that he seeks. It certainly is bizarre and ultimately self-defeating behavior.
Parents, please watch for this in your kids, and get 'em help if you see it!
http://www.passionsaving.com/the-financial-freedom-blog.html
@At 12:17 PM, Anonymous said...
Wow! *notworthy*
The big news is that I just had some pot roast for lunch. 'Twas good.
Bigger news...
"As I kept reading his story, I realized he's very intelligent and pretty shrewd about reaching his goal of avoiding foreclosure," Swaby added."
YO YO YO ITS HOMEY TIME!!!
Yo Dawg Wassup??!!!
I dunn made sum callz to da lenda on dat wrap houz. I dunn toldz dem dat da houz be 4closed on tooday. Thay wuz very intrested in dat. hhhhmmmmmm . How kin youz 4close on a houz dat you ain't da owna on? Dat's a goot one FO SHO.
I betz dat there be sum MAJOR poopin goin on tooday iffin I reads you right Dawg bout dat udder stuff.
I gots yo back Dawg.
Casey kat, why you be hidin? I told you to turn yoself in. Why you not anserin yo fone? Why yu not be at Yulia's houze?
Love,
Homey
Ding dong the witch is dead.
"As I kept reading his story, I realized he's very intelligent and pretty shrewd about reaching his goal of avoiding foreclosure," Nigel Swaby added.
"Swaby is an idiot," everyone else added.
Homey!!
"Swaby is an idiot," everyone else added.
homey. thank you..you da clown!
It is such a shame to see well-meaning individuals giving Casey advice on job seeking and rectifying his status.
Unfortunately, what Casey has available to him now is "roofer" or "Day laborer" or "lawn guy" , because the hated W2 jobs that he has decided were oh-so distasteful to him will now find the mark of his character on his credit report when HR runs his background, which they do now. They also Google.... "Rhut row!" is what they will say out loud, and "APPLICANT IS OF NO FURTHER INTEREST - DO NOT CONSIDER OR INTERVIEW!" is what they will stamp on his permanent file.
Freelancing some sweet web design?
Hardly, given his publicly demonstrated tendency to waste valuable time and resources, and miss every deadline, when left to his own devices.
I see his future:
Get used to lots of healthy outdoors and manual labor, Casey.
Sweet.
Argh...I feel like such a looser (tm) - what's happening? What are all these secret things people are alluding to?
Anyone want to clue a poor soul in?
Ahhh. Gallows humor. Just what FFD needed! (damn. I guess now it has to be FFD, minus the wrap that the bank doesn't know has been wrapped and the buyers aren't really homeowners because that pesky Utah payment is still effing missing).
It's going to be a long day. Good thing we identified wines early on.
If Casey doesn't want a W-2 job, I can always hire him to dig trenches in my backyard. I need to put in sprinklers, gas lines for the outdoor bbq and fireplace, electrical for the area hosting the bbq/covered patio, and a big hole for the water garden. I can pay him day laborers rates with cash. He can avoid paying taxes. Win-win!!
Did I read Homey right? Is there, perhaps, more than we know going on with the Utah house?
@magna:
We don't know either, but since we don't say anything about not knowing, we appear to know. Know what I mean?
Try looking at all the posts for the past week, and read everything associated with Homey DA Clown. Seems like more than one thing is happening.
LOL at ratlab!!! OMFG, first of all, Casey Serin completing a project...
Then having him work with gas lines......
Oh, that is rich. (wipes tear from eye)
I want to SMASH AND SMASH AND SMASH!!! F Casey! F Casey!!!! HA HA SERIN I KNOW YOU READ THIS BLOG!!! YOUR LAST HOUSE IS GONE. UTAH IS A BIG FRAUD CHARGE WAITING TO HAPPEN TO YOU. YOU ARE GOING DOWN MORON!!! DOWN!!! GALINA IS GOING TO LEAVE YOU FOR ANYTHING WITH A DICK AND A DIME TO SPARE!!!! HAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAH!!!!
CASEY YOU INSUFFERABLE ASSHOLE!!!!!
If the UT bank did not know about the wrap and it was foreclosed then Snowflake is going to be needing a couple new legs. Forget about a w-2 job.
@Aspeth
I thought about hiring PRLinkBiz and her friend to slap each other's butts while Casey was trenching, but after reading "The Trainwreck" story, the butt slapping would just distract our little snowflake.
And don't forget...
Nigel Swaby said, "Casey Serin's tale of facing foreclosure ranks as one of the biggest stories in real estate this year and has plenty of teaching opportunities for investors and new homebuyers alike."
"As I kept reading his story, I realized he's very intelligent and pretty shrewd about reaching his goal of avoiding foreclosure," Nigel Swaby added.
Hey Nigel,
We know you are reading. How does it feel to be not only the biggest asshole traffic whore on the internet, but also the stupidest. HAHAHAHAHAHAHA!
More hilarity from our Member only wearing friend.
"Others have just ripped him up and down for being stupid and greedy. I think he's for real and want to discuss for the rest of this post the mistakes he and many other investors have made. (To be fair, an upcoming post will share how he and other investors can get out of a mess like this.) I'm not going to rip Casey, because I've been in a similar situation before. I've found that when you're a risk taker if things go right, people think you're a genius, if they go wrong, you're an idiot. All risk takers are one bad outcome away from being idiots."
Until now I figured the flippers where all dead, but low and behold they are still out there borrowing more money to keep afloat until the market comes roaring back like we all know it will in May.
Oh, they're out there, all right. The market leadership have all been telling a story about how the speculators have been cleaned out of the real estate market, but as Casey and Jeff show, they're only just starting on getting forced out.
What's even more important is that none of the banks, in either the Casey saga or the Jeff saga, has officially taken a financial hit on the foreclosures or the impending losses on their loans, as far as I can tell. All those foreclosed and delinquent loans are still in process, they only show up as non-performing loans, not yet losses. Casey and Jeff certainly aren't the only ones out there, they're just the tip of the iceberg, which means that there are probably thousands upon thousands of speculators just like them, getting forced out of the market, where the banks have yet to account for their full financial losses. The red ink in the mortgage banking industry is only just starting to flow.
Risk taker = informed individual who has researched options and thoughtfully charted a forward course, which may or may not be the path out of the forest
Casey Serin = unemployed jackass with a blog
I'm confused--how could the Utah wrap be foreclosed on today? I think Homey is confused with Muncy (or Modesto, I forget which one it is myself).
I was some words of advice for Dateline NBC -- start doing undercover shows with Chris Hansen, where he goes into shady mortgage brokers' offices and attempts to misstate every possible variable (income, owner-occupied, etc).
If and when he's approved for the loan, the hidden camera crew appears and Hansen informs the man that he's on their newest crime-stopping show... wait for it:
To Catch a Creditor
;-)
Didn't our dearest snowflake have a post a little while back where he said something like "[i know the cops might get me] but what am I going to do? Hide? Hit the road?"
I just tried to dig that one up, but I can't find it...anyone got it and want to replay it?
Argh...I feel like such a looser (tm) - what's happening? What are all these secret things people are alluding to?
A member of the Haterz™ community may have a course of legal action against a member of the Supporterz™ community. Not just a lawsuit, but a potential violation of the law. That's why all the nudge-nudge wink-wink; both for legal reasons, and to try and keep the perpetrator from being tipped off so as to give him an opportunity to cover his tracks. Anyone with a basic knowledge of the law could figure it out by reading the last week's postings fairly carefully, however.
Of course, it could be nothing, but we'll see; my suspicion is that we would'nt have even heard hints unless the people pursuing a legal remedy were fairly confident that they had a strong case.
Did I read Homey right? Is there, perhaps, more than we know going on with the Utah house?
Same question, now I'm in the dark. Anybody with any further information on the Utah house?
I believe he used the phrase, "go underground."
I'm confused--how could the Utah wrap be foreclosed on today? I think Homey is confused
Homey isn't confused. He's full of shit. Everything that guy says which turns out to be true can be found on google. Everything else he says are pure lies, maybe idle speculation.
So how much money is the bank going to lose on Modesto? 100k?
Over on Nigel's 'alternate take' nuisance blog, we see this:
__________________________________________________________
I spoke to Casey last night for a while. He was planning on attending as the short sale was approved by both lenders, but they won't give the buyer time to close. Seems pretty counterintuitive to me...
Casey will have a new post soon. Stay tuned.
...
Considering he was foreclosed on only half his houses, I would have to say it was somewhat successful. He could have lost all eight!
Most people facing foreclosure only have one to deal with and fail.
April 27, 2007 1:41 PM
__________________________________________________________
These two (Boy Blunder and His Swabness) are clearly birds of a feather.
After all the mind f***ing and system raping and lying that Casey has done, all in bad faith, he and Nigel are of one accord in their amazing lack of perception at how DUMB they are, and the fact that they should just STFU. Can they? Oh, no, they want to give commentary on their view of the BANK'S alleged lack of perspicacity:
"Gee, why won't the banks do a short sale?"
So, are we really really really really sure that both Nigel and Casey are not, even at this late date, even in light of overwhelming evidence to the contrary, some sort of Internet hoax?
Otherwise, Jesus surely weeps.
Everything that guy says which turns out to be true can be found on google.
Hmm, he's come up with some things that were not Google-able. Even if he only has access to public records instead of legal records, he has a much better ability at finding information than the casual observers do.
In any case, the Utah house is a saga waiting to happen. There's the missing payment, the six-month vs twelve-month issue, and then, for it to work out, it's got to get sold. While a certain blogger is convinced that the Utah market is going up, up, up, I'm betting that the Utah house owners and Jeff aren't the only speculators in the Utah market (in fact, there are probably hundreds, if not thousands, of them) . . . if that market even starts to cool off, there could be a massive glut of inventory from desperate speculators trying to cash out their fictitious "equity", and that house could end up never being sold.
There are a couple of off mountain condo complexes in Park City where several years ago, prices were in the high 40k range. During the fever, speculators apparently snapped up these cheapies right and left because now there seems to be another one coming on the market every day or so. I don't have a count but over the last month or two, probably 20 or more units, priced from 90k to around 115k or so ($260 and up per square foot). I don't think those will attract buyers at those prices as they are not the desirable close to mountain locations, the flipping opportunity is gone, and they probably won't cash flow without a large downpayment.
Other properties in the ski areas seem to be holding their values, although DOM is longer.
Nigel Swaby said, "I spoke to Casey last night for a while. He was planning on attending as the short sale was approved by both lenders, but they won't give the buyer time to close. Seems pretty counterintuitive to me..."
Two effing months to close out the short sale for Muncy. Recontrust postponed the trustee/foreclosure auction twice to give Casey and the realtor time to get short sale approval and close. Two months.
Just got a "page not found" error on IAFF.
Wonder what's up?
aack!
S_t_C
__Ca-s===ey___SE\\R==IN__ has a vision, hey do you know him???? Hey did you see this????
Sounds like the kind of salesmanship that __Cas===e+++y__S//E__++RIN__6-2-6-2-7-4-6-4-2-6-and __N{{{{ig__el__SVV///wabby conduct. Just read this and see what I mean!!!
Want to find a real friend call Cas{{{{ey S++ er++=in and N___igel 2 circle jerkers hey do you know them????
Did you see this???? Originally posted by I am not a KIKE:
What the fuck, if you fucking want to see some fucking fuck shit going fucking on check this fucking shit out mother fucker:
Did you see this???
Ca__s\\\\ey had a vision
Originally posted by Earn $5000 a week from home:
I actually ass fucked Katarina Witt in Phoenix in 1995 my GOD she was so hot, I told her so and also told her I wanted to start a fan club in Phoenix for her. Security showed me the exit. Can you believe she fucked Mc Gyver.
Hey have you seen this???
Did you hear about this?????
I got the worst case of south east asian clap from that whore ==Case==y=Ser///in's ==mother I called ==6=2=6=--2-7-4==6=4=2=6== and got the fucking of a life time but I also got a case of clap so bad there is blood in my pee. you think that Sw--aby screwed you buddy
Hey does anyone know this asshole N--ig++rl fax 52-3670 almon@prodigy.net
website www.amifaciengforeclosure__.com
I got laid off and was in a bad way with a wife and twin newborns, I needed a job fast I fucked up and paid him a $5,000 headhunting fee for a lock position (he knew the president of the company) never got the interview and can not get my money back.
You have not seen screwing until you get the clap from CS's mother
Keeping it real man, I like it.
___CASE_Y____SE)))RIN G__6-2-6-2-7-4-6-4-2-6-- has a vision do you know him????? What would __CA__SE((((__SER))))ing WANG__ do????
Oh, it's back now. Same as before. Weird.
S_t_C
So apparently the lender for the Utah house was 'very interested' in Snowflake having another house they didn't know he owned, and it was foreclosed today.
The mortgage company for that house was last reported by Snowflake to be Aurora. They bought the loan from First Magnus. Aurora also was the lender for the New Mexico house. The Central Bank of Utah was the escrow company collecting payments from the wrap buyer, and forwarding them to the lender, with some payments missing (Dec 7 and 12 posts, IAFF)
This latest story about the banks not giving the Muncy buyer time to close is bull. Both casey and nigel stated in post over the weekend the the foreclosure would take place on friday. They knew it was not going to be delayed again.
I'd post this at Nigel's place but it would probably get deleted, so here goes:
Considering he was foreclosed on only half his houses, I would have to say it was somewhat successful. He could have lost all eight!
That's about the worst definition of "success" I ever saw. Most sane businesspeople define "success" as meaning profit, positive cash flow, or at the very LEAST, breaking even.
Casey's venture doesn't even remotely come close to any of those definitions of success.
@Anon 1:03PM: here.
If I don’t catch them up sooner or later the debt will get sold to collectors and/or they will try to collect in court. At that point I may have to seek bankruptcy protection or go under the radar somehow.
@Sprezz: actually Nigel seems a little less delete-happy at DHC these days -- Benoit and I both had a number of critical comments on his "silent majority" post.
As for the "successes": Even Casey admits the Calla Way sale was a disaster, as it led to him catching the falling knife that was Burdett.
I too have my doubts about whether Homey is DA real article.
But even so: he's been a consistently well-played and entertaining character; and he's consistently rattled Casey. Big up to da clown.
I consider myself a risk taker but HERE is the difference with me:
I don't spend or take on more than I know I can pay back. I still work at a job (or for clients) to keep the income coming. I believe risk taking is a good thing as long as you can manage the risk. Those who take huge risks knowing that if it doesn't swing in a positive direction are not smart and are no longer risk takers, they are dumb.
For example, I own a small company. It is a break even business that has been in business for a few years now. I have poured almost 100K of my own money into it. I still pour money into it. But if I find it is not making money by year 5 OR my investment/loans exceed $50K over the course of the year, I will close it up, pay back the money and move onto a new idea.
THAT is risk taking. Spending other people's money with no plan or idea if you can pay it back is a loser's game. THAT is not risk taking.
Rant off.
@lawnmower -- well, I posted at DHC, we'll see if it stays.
Considering he was foreclosed on only half his houses, I would have to say it was somewhat successful. He could have lost all eight!
Successful at what, Nigel? Driving down half of his neighbor's property values? He sure was successful at that task! How is losing ANY home a success? I am quite sure that you have a firm grasp on the definition of successful.
I sense you wrote that to agitate the "haterz." Guess it worked but you have to stop pretending like Casey is the be all, end all of business people. He is not an entrepreneur, businessman or investor. He is a failure and I dare you to make that statement to successful people. I am sure they'll laugh you out of the room.
YO YO YO ITS HOMEY TIME
My bad on da last one peeps. Homey gots fat fingas an deleted stuff befaw I dunn red it.
I dunn calld da home offiz on da Utah lenda houz 0 First Magnus Financial an axed dem bout da wrap an all.. Dat wuz bout dem not knowin who be ownin houz an da missin payment. I hadz a nice talk wit sumone there. As soon as I tolds dem bout da address and da illegal wrap dey said "OH. CASEY SERIN?!!! WE KNOW ALL ABOUT HIM." I am not gonna tellz yu wut we talked bout, but they ain't happy bout it AT ALL. They had sum not so nice things to say bout Casey kat. We talked bout how da addresses don't match on IAFF, the State of Utah website or on the title work. hmmmm....
Now git dis, they follow IAFF EVERY DAY. They be on Casey Kats ass FO SHO. I dunn told dem dat da last of da 8 houzes be fawclosed today.
I also calld da lenda bout da Modesto houze , NovaStar Financial. I also had a nice talk wit there fraud departmint. They now be knowin Casey Kat's fone numba, website and all da 411 on him fo sho.
Dawg, iffin you want I kin email yu private like da names and fone numbas if yu be wantin to call dem too.
Love,
Homey
Considering he was foreclosed on only half his houses, I would have to say it was somewhat successful. He could have lost all eight!
If you where to look at Casey’s dealings like that of a football game; a foreclosure is a massacre where the ref calls the game before it gets anymore hopeless. A short sale is massacre but the ref lets the game go all 4 quarters. A sold house at a financial loss to the owner is a close enough game that it’s worth watching, it’s still a loss but it’s a good loss in that your team was competitive and if some changes were made they might have come out ahead. A sale that brakes even is a tie and a sale at a profit is a win.
That makes Casey’s Real-estate season 7 losses to 1 win, how you can call that somewhat successful is beyond me. Nigel must be an AZ Cardinals Fan.
Looks like Casey's going to have something else to blog about today:
Jetta Got Broken Into
aaack!!
Homey, you be cooler than BAT-MAN!
S_t_C
@ Anon 2:21 ...
Yep, seems that CashCall's beginning to take what's rightfully theirs. SWEET DEAL!!
Why would anyone bother breaking into his crappy Jetta?
@anon 2:21...that must be a great neighborhood if someone smashed the shit out of that window and no one heard or saw anything.
As much as I enjoy Homey's posts, I read them as I would ficnional works. Don't believe 'em, but enjoy 'em.
Homey-
Thanks for the updates, they are exciting and fun to read, doubly for those that 'grew up' with In Living Color.
Flikr-watching anon-
Good find.
Stole my 12 inch subs
Broke the passenger window
They ripped out the stero
Jetta Got broken into at night
When you are as far deep in debt as Casey, do you really 'own' anything? Especially when you can't meet the repayment terms you agreed to?
Also, Casey: the way you use the word 'crazy', as if to subtly suggest the events transpiring now are some funny or light-hearted consequence of forces beyond your control, as though you are simply caught in the middle of the maelstrom though no fault of your own, as if what is happening and will happen to you is not fair and just, is very obvious to your readers.
The fence in the background doesn't resemble anything in Ratlab's pictures of Yulia's place. I wonder where the car was parked?
So, one lender may cry foul to the FBI after all.
TO THE ANONYMOUS AUTHOR OF THE 1:23 PM COMMENT:
I would like to ask you this: Do you suppose that James MARCIANO could have helped Mr. SERIN employ cost-cutting strategies to reduce his operating costs and improve his profitability in an uncertain market? Or would Mr. SERIN, with his disdain for higher education, ignore the advice of a Harvard and Dartmouth graduate?
I remain,
M. SINGH
IIRC, Casey bought the vdubs becasue of the MP3 player and the sweet rims.
So much for the MP3 player.....
Why would anyone bother breaking into his crappy Jetta?
For the sweet thumpa-thumpa stereo. The sweet rims will be next. Much like his houses, VDubs is rapidly loosing value.
On the upside though: lots of opportunities for sweet deals in the booming Sacramento car stereo market.
Now that our Salt Lake City village idiot (award-winning douchebag) has stated he has nothing to do with robertcotesux, PLEASE someone find some evidence that he's full of shit (well, more shit than usual).
I would purr contentedly for a month...
S_t_C
Do I smell an insurance settlement for Snowflake?
"Yeah, I had a mondo-expensive stereo and sweeeeeet speakers...worth $5k easily!"
Sweet.
@Akubi: The fence in the background doesn't resemble anything in Ratlab's pictures of Yulia's place. I wonder where the car was parked?
He's not camped out in front of "my Burdett", surely?
@magna: not unless he's upgraded the insurance on the "bitter-sweet Jetta" from "liability only".
Vandalism normally is covered under your homeowner's insurance policy, or if you do have coverage undr your auto insurance there is normally a large deductable.
In Snowflake's case, I highly doubt he's covered. Of course that won't stop him from doing a "liar loan" type of insurance claim, where he states his $2000 computer, $400 camera, and $ 5000 flat screen were in the Vdub. It's all good, everyone does it, right?
Mr. Bubbles
The irony of it all, the man had 8 homes and 8 home owners insurance policies, if he had lived at any one of them he might have been covered.
This must mean Karma kicks in after the last foreclosure. Dam, Jeff has 14 houses Karma might end up killing him when it gets to work.
Wow. At least they left the sweet rimz™. It's all good.
lawnmower man,
Hmmm, it looks quite similar. However, the bars in Burdett fence appear to be further apart.
Same dead grass though.
Casey proves he is a sissy li'l make-believe lying POS wannabe con man.
Someone broke into that broke down Jetta?
I call BS.
Either Casey did it hisself as a sympathy ploy ('look what haterz will do. Waaa.') or else the boys at Cash Call had the Jetta and or stereo (with sweet bass speakers) listed as collatoral on loan docs.
Guess what Casey? If you don't pay, people take what they want, not what you want them to take. They act how they want to act, not how you treat others. Kinda sux bein' on the wrong end of the shaft, IF that really happened, huh?
Here is the acid test:
Didja file a police report? Yes or no?
No other words needed, just a YES or a NO, pool boi.
Funny how he can't open his loud mouth to blog about failing to wipe up the scum at Muncey, or the foreclosure sale, but he has time to post the pity-pics.
It's the small con Casey, and you are no good at it. While I wish no ill to any man, including you, if a person plays wit fire, dey sometimes get burnt, just like Richard Prior on crack. In your case, guess what can happen to grifters that get caught in the small con? The barkeep sometimes breaks their cheatin' hand with a baseball bat. Is that a crime itself? You bet, and as a law abiding citizen, I abhor it and think they should be charged. But, SO SHOULD YOU, the one who precipitates criminality in the first place. Sometimes that gets lost in the smoke, or at l east you would hope so.
Sorry, but you get no pity from me regardless of whether it was an inside job you cooked up yourself (any insurance on that heap of garbage?) or one of the hundreds of people you screwed over so far. And I say so far, because I think it is in your veins, and you are now not gonna quit until jail or worse. I sure hope you prove haterz wrong, straighten up,, and fly right. Now THAT would be a story I would buy, in five years, when you write a book, once you are on the straight and narrow.
Dare you to reply, you looser.
That's a pretty clean job getting that stereo out of there, much cleaner than most cases I have had the misfortune to see.
You sure he didn't just pull it out and bring it in to the pawn shop to get some sweet cash for Jamba Juice and Macaroni Grill?
That's what I'm thinking, too, Mr. Bubble.
This place has become a whole lot more interesting than IAFF ever was.
IAFF false advertising since he is no longer facing foreclosure.
Ideas for a change to keep the initials:
- Felony
- Fraud
- Fines
Or just: www.IamFuckingFucked.com
It’s all good.
NoVa,
I agree with you that it looks like a pretty clean job especially if it supposedly happened at night. More likely - as I believe someone else mentioned somewhere - it happened during the day while they were napping.
__Ca-s===ey___SE\\R==IN__ has a vision, hey do you know him???? Hey did you see this????
My heart is warming....
"The fence in the background doesn't resemble anything in Ratlab's pictures of Yulia's place. I wonder where the car was parked?"
Yes it does! The Jetta is parked in the guest area both then (when ratlab took Jetta pic) and last night.
I've been holding back posting this, but I just have to get it out of my system. Sorry.
The only way to win is cheat
And lay it down before you're beat
And to another leave your seat
That's the only painless feat...
UK said...
We don't know either, but since we don't say anything about not knowing, we appear to know. Know what I mean?
.............................
LOL UK,
Could ya at least let me finish my coffee before being so clever, it is hard to keep up after all that wine last night.
te he
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