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Well in other news I see that Casey Serin is back. Very entertaining character. Not in a good way. Here is his new website: http://foreclosurehelpbook.com/. I find the title hysterical. It may as well be titled "I'm a Total Screw Up and Now I Want to Help You" . It's like going to a 400lb diet counselor. Or getting spiritual advice from a serial killer.
Casey Serin was a self-described "24-year-old would-be real estate mogul." His case was almost the epitome of bad timing, excessive optimism, and unrealistic expectations (as well as lack of real-world experience). He entered the real estate market at the peak of the bubble (mid- to late-2005) as an "investor", (with little to no-money down, can you hear the book titles now?) and got in over his head on eight properties. Casey (by his own account) made heavy use of stated-income and 100% financing to acquire his properties, setting himself up for no margin of error and maximum damage.
Last I saw, Casey was in debt more than $2.2 million. The FBI was sniffing around, as were creditors and a number of other real estate and foreclosure sharks attracted to the bright light of Casey's spectacular debacle. His ... more
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