Just got off the phone with the law firm. Foreclosure auction rescheduled to March 1st. Sweet! I have some time to attempt a short sale. The question is… should I do it myself or hire a competent real estate agent who specializes in doing short sales. My current agent has never done short sales. If […]
Category: deals
I Got a Real Estate Job!
For those wondering. Yes, I did get a real estate job that meets my criteria! I’m working for Chris, a fellow real estate investor here in the Sacramento area. He is a young guy too – in his late 20’s – but is kicking butt in real estate. I met Chris a few months ago […]
The Foreclosure Code – Coming Soon
Here is the title and cover of my foreclosure book coming out July 2007: Want to Review My Foreclosure Book BEFORE it’s Released to the General Public? Enter Your First Name Enter Your Email In the book I will be talking about my background, how I got started, details of each real estate deals, and […]
The Foreclosure Code – Coming Soon
Here is the title and cover of my foreclosure book coming out July 2007: Want to Review My Foreclosure Book BEFORE it’s Released to the General Public? Enter Your First Name Enter Your Email In the book I will be talking about my background, how I got started, details of each real estate deals, and […]
Attorneys Say Corporate Credit is OK, Need a Plan
I met with two corporate attorneys at a highly respected (and very expensive) law firm today. I ran my idea of borrowing money via my corporation and using the capital for future deals, as well as, borrowing from the corporation to refinance/settle my existing debt. My corporation would be used to continue doing real estate […]
Last Foreclosure… No Houses, No Money, No Stereo
Today I lost my last property to foreclosure. The worst part is that BOTH the first and second approved the short sale but the first (Countrywide) refused to give the buyer a small extension to close. They had a solid offer for $300,000 on the table! The pool and spa is still a mess as […]
Foreclosure Help and Hater Comments
Here is an email I got today: Subject: Listen, you gotta start deleting those hate comments Those haters are ruining your blog. It is because of their rubbish, that your intended audience (people who are genuinely interested in what you’re doing) are slowly slipping away from your blog. That’s why you’re getting less and less […]
My Goals For December
This morning I woke up at 5:55 AM right on schedule and went outside for a 3 mile run. It feels good to be an early riser! To reward myself I went to Jamba Juice for a wheat grass shot and orange/banana juice. Then I walked next door to Starbucks to plan out the month […]
Something’s Gotta Give
Debt. Finances. Blog. Foreclosure Site. Negativity. Haters. Details. Follow-through. Partnerships. Opportunities. Job. Book. Success story. Big deals. Crazy ideas. Passive income. Huge deals. Goals. Focus. Priorities. Marriage. Values. Faith. Purpose. Progress. Time. Finances. Finances. Finances… The pressure of it all is getting to be too much. Filed under personal / feelings, photos, sweet media Pool […]
Homeless Dude Trespassing on My Property
That’s right, there is a homeless guy living in that blue car on my Burdett property. (The boat is my neighbor’s and he will be removing it now that the house is listed on the MLS and ready for showing). The homeless guy wasn’t in the car when I was taking the picture. I’ve seen […]
No More Drafts for CashCall, for Now…
Uh oh… Your Payment was Returned February 07, 2007 RE: Loan xxxxxx Dear Borrower, Your scheduled payment to CashCall, Inc. set up through automatic debit in the amount of $220.48 was returned unpaid by your bank. Pursuant to the CashCall Promissory Note and Disclosure Statement, (”Note”), a returned item fee of $15.00 was charged to […]
Introducing I am Facing Foreclosure Sponsors
As some of you have noticed in the sidebar I have some sponsors. I would like to introduce them to you: Sell Your House Fast: House Buyer Network™ is North America’s largest home selling solutions service. Our professional, experienced home buyers have processed more than $25 billion in property since 2002 and over $12 billion […]
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 statement. Notice the 20 […]
Dallas House Now an REO
I spoke with the hard money lender about how the Trustee’s Sale (foreclosure auction) went today for the Dallas house. He said the lawyer hasn’t called him yet, which means it probably didn’t sell. So we’re assuming the Dallas house is now an REO (Real Estate Owned). Here is a good definition of a REO […]
From Foreclosure to Success: 120 Days
Yesterday marked 120 days until my 25th birthday on September 10th. I like round dates and I like challenges. My 25th birthday is a big deal for me. I must have a turnaround story by then. I’m sick of not being able to pay my debts and all this financial instability. Because of it my […]
