As many readers know, our friend Nigel recently broke off his business relationship with Casey. Both have posted about it and there is some disagreement as to why it happened, yadda yadda yadda. Whatever, it’s dead. However, for some reason, Nigel continues to claim Casey did not intend to commit fraud and his crimes were [...]
Entries Tagged as ‘Real Advice’
March 27, 2007
Foreclosures Hit The Nightly News - Again
Well, here we go again. Last night (3/26) on ABC Nightly News, they did a story on foreclosures, ‘bad’ loans done by lenders, and an area in North Carolina where 20% of one neighborhood is in foreclosure. Tonight (3/27) there is part 2.
So they profile two couples. The first talks about having purchased their dream home SIX [...]
March 13, 2007
Debunking some myths
In getting back to a little less Casey and a little more ‘Not Facing Foreclosure’, I read an article by one of Casey’s friends/associates/fellow bloggers Nigel Swaby this morning. It was titled ‘Can First Time Homebuyers Still Get a Mortgage?’ I disagree with several of his contentions and note why in bold.
He says:
First, lets take [...]
February 14, 2007
The Perp Walk
There have been numerous posters commenting over at IAFF regarding whether or not any lenders will want to prosecute Casey. It’s small potatoes, they say. Lenders will write it off, it takes too much time, and so on. Casey is a small fish. Yadda yadda yadda.
To that I say several things: Poster Boy. Example. Publicity [...]
January 19, 2007
Coming Back - It’s Gonna Be Tough
There has been all sorts of speculation regarding our hero’s future ability to get back into the real estate game. There are many, many scenario’s as to how this thing could play out so we will have to make some assumptions. Here they are:
Credit score above 500 (a stretch, I know).
Multiple foreclosures
No Bankruptcy (A miracle, [...]
