Join me on the next Foreclosure Fridays Live (June 29th) to discuss my trip, Foreclosure Book, etc! Start at 5PM PST (10AM Saturday in Australia).

New Mexico Home Foreclosure is Final

New Mexico home no more… The original foreclosure sale was rescheduled due to a fairly rare snowstorm. I was happy to get extra time to get the short sale approved. The lender wasn’t willing to talk to us though. So the home went up for sale at the foreclosure auction yesterday. Today I found out […]

Casey Serin Facing Foreclosure on Wikipedia – a Defense

I’ve been watching the Casey Serin entry in Wikipedia get written over the last couple of months. It’s obviously written by my critics but they say they are trying to keep an “encyclopedic tone” (see the discussion tab). The problem I have is that the entry is highly skewed toward making me look bad. So […]

New Mexico Foreclosure Rescheduled, More Time For Short Sale

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 […]

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 […]

New Mexico Foreclosure Rescheduled, More Time For Short Sale

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 […]

Facing Foreclosure – Activity Log

I’ve been trying to “take care of priorities” for the last 24 hours. Here is a log I kept on my notepad as I was working (this is a quick-n-dirty post, please pardon the grammar / spelling) Monday (yesterday) woke up late because I was up late last night responding to emails, installing a plug-in […]

Hardship Letter and Short Sale

Here is my hardship letter that I wrote for asking the bank to allow a short sale on several of my upside-down properties like Larchmont and Burdett in Sacramento, and Guadalajara in New Mexico. [See my updated hardship letter] What is a “Short Sale”? Sam Chapman a real estate agent from Austin puts it nicely […]

No word on Short Sale… Remaining Homes Going to Foreclosure Today?

Just spoke this morning to the realtor in Rio Ranch, New Mexico. He has been unable to get a hold of the lender to get a status on the short sale package we sent in a long time ago. The real estate agent said this particular lender (Aurora) is known for being very hard to […]

Property Photos and Info

I took the time to find pictures for all the properties and update some of the loan information. Take a look. I’m still facing foreclosure, so let me know if you have any buyers for me. Thanks. Burdett Way, Sacramento CA Larchmont Dr, North Highlands CA Muncy Dr, Modesto CA W 10250 N, Highland UT […]

Short Sale to Stop Foreclosure Update

Quick update… New Mexico property: Had agent drastically lower the price from 469 to 409k in order to compete with all the inventory. Apparently we haven’t been getting offers because ALL the houses on that street are for sale and the entire Rio Rancho area is really bad right now because of all the flooding. […]

House Raffle Sign-Up and Brainstorm

A couple of people suggested doing a “raffle” to sell my houses quickly. If you are interested in participating please use the signup form below or in the sidebar. If you have some ideas please post your comments here or email me. To pull this off I will need everybody’s help. Once I am ready […]

Should I take $1500 for My Redemption Rights?

I got the following email from an investor via my Realtor on the Rio Rancho property: Subject: Redemption *** Realty will give $250 in good faith to Casey Serin for his assignment of statutory rights of redemption. When *** Realty successfully redeems the property at 6021 Guadalajara an additional $1250 will be given to Mr. […]

Timeline of Life, Houses and Foreclosure

I am being interviewed again and part of the due diligence the reporter does is check all my closing statements. In putting together those I decided to give you a timeline of all my house purchases, sales and foreclosures so far (and a few major life events for good measure). Here it is: September 10th, […]

Will I Go to Jail for Mortgage Fraud?

[Photo by !borghetti used with permission.] In this blog entry I’m explaining all the potentially “shady” loan practices over the last 12 months as a real estate investor. I am trying to figure out the following: Did I commit mortgage fraud? To what extent? What are the consequences? Will I go to jail? Should I […]