Entries from September 2006

Thursday, September 21st, 2006

Brutal Comments and Honesty

I was featured on The House Bubble Blog with Attitude and received a flood of mostly angry comments. People are giving me a beating!
Yes I probably do deserve a beating. I made some bad moves as an investor and got over-extended. I also took advantage of liar loans.
However, some people […]

Wednesday, September 20th, 2006

Very Honest “For Sale By Owner” Sign

My For Sale by Owner sign for Muncy Modesto property with I am Facing Foreclosure. com address and my phone number.
I’m really putting myself out there and taking a risk by being honest about my situation. Hopefully people will sense the urgency and help find me a buyer.
I was a little embarrassed […]

Tuesday, September 19th, 2006

Not Your Typical Flyer

Here is a flyer that I put together for the Muncy property. The big “I am Facing Foreclosure” will hopefully attract extra attention. I am going down to the property today and will put up a For Sale By Owner sign and put my flyers in the flyer box.

I offer owner financing […]

Sunday, September 17th, 2006

Some Advice I Received

I sent out an email last week to everybody about me facing foreclosure with a link to this site. The secret is out. My friends, family, past co-workers and business contacts now know what I’m going through.
Here is some interesting advice I have received from some people (no mentioning names). My […]

Saturday, September 16th, 2006

I am $2.2 Million In Debt

Here my financial statement that is submitted to the bank as part of the shortsale packet to avoid foreclosure. Note, this does not reflect the Utah property that I just sold on the wrap a couple of days ago. But its close enough:

Here is the expenses portion of the income […]