Casey and Galina

Listening to the show tonight it's pretty striking how when Casey talks about Trampolina there's absolutley no difference in the tone when he talks about other material things.

In fact, the one moment he talked about how she took his credit card away he definitely had more passion and longing in his voice for the corporate credit card.

Quite the love affair.

From Foreclosed to Boring in 120 Days

Our boy Casey has just about run out of moves as the end approaches. As the cnet article pointed out,

Serin seems to enjoy spacing them out in a way that will vex his readers the most. “What happens is I feed off of it,” he said. “I know the buttons to press to get those guys going. After awhile, you learn what topics you can mention if you want to get extra comments on your post.”

I wonder if Casey really does think he's outwitted everyone at every step along the way. Before January or so, Casey was a lovable train-wreck, he couldn't help but shoot himself in the foot. As the houses were foreclosed there seemed like little left here, Casey stopped telling the truth, he wasn't honest with the audience and we just started entertaining ourselves. Some of us by just reminding everyone what a scammer Casey is.

Now there's no more houses, no more money, no more hope. So we get these really sad troll posts with nuggets like todays:

Speaking of traffic and exposure (and haters)… my wife wants me to shut the blog down. She has had enough and she has very valid points. So I have a very hard decision to make. I will save that for another post.

Casey just backed himself in a corner. If the blog is miraculously "saved" it'll just reinforce the idea that it's gone from auto-biographical (if not deluded) to complete fiction. The blog won't come down, Casey has nothing else. Where else can poor, struggling homebuyers get the upcoming How To Avoid Foreclosure pamphlet?

Sorry Casey, you're a little late to your own party. You really could have cashed out on some level if you didn't insist to keep trying knuckleheaded schemes with the likes of Nigel and PRlink ladies and the sort. Now you have no story left and most people aren't really interested in you and your wife enough to make this last much longer.

Lost

Well, you take about a week off from the soap opera and come back to find not much has changed. The train is still chuggling along on it's inevitable course with destiny and I get the sense that like me, people care less and less.

Casey chimes in a stupid troll post about what poor, dear little Galina thinks of him. What surprises me about this, maybe it's from a bit of a break, is the amount of sympathy Galina still receives from the audience.

We know Casey is bound for more failure, once a scammer always a scammer, but there's still some sympathy (now i didn't read through all the comments this time as my attention span grows shorter with this one.)

I think if there's hate left in this story it's for Trampolina. Casey is a buffoon, he's trying to hold out and make some money on the remnants of the fame that this situation has brought him. A pretty little girl like her could get a decent paying job as a receptionist, get some skills and have some opportunities open up for her. Oh yeah, she's in her 7th year of 2 year AA degree, don't think she'll get up off her ass to pull a 9-5'er. Which is good for Casey, as I learned with my sister who didn't have much focus, she just did the receptionist thing got to office manager and found a salesman who frequented the office to marry her. Good thing she's cut from the same lazy cloth as Casey.

This is my first international media exposure. Being international is good

Yes Casey, you're right up there with Richard Gere these days.

Earlier, Casey mentions about how he's "learning" about arbitrage and how much sense it makes to him on his road to passive income.

Lately I’ve been learning about arbitrage and how I can take advantage of it / apply it as an individual investor.

For example…. say I borrow 100K at 12% interest and reinvest it at 36%. That’s a sweet 2% monthly spread! So on a 100K I’d be making $2,000/month. Do that with half a million and you’re making $10,000 per month. Enough to retire on.

Oh this is just too absurd to even warrant a response.

I really enjoyed the ABC show Lost the first season. It was different, mysterious and had one of the hottest chicks on tv. Well, as the ratings falter the fans are frustrated because they realize the show really can't go anywhere and where it does will be disappointing. Nothing big is going to be revealed on the show as in Casey's saga. He's desperately holding out hope for something big to really present itself to him, but he's about 4 months too late to save himself with an easy out.

Casey might still end up facing charges or civil suits, both of which I wouldn't shed a tear about, but months from now, I suspect none of us will be here to see the end game.

Back to Nickel and Diming It....

The good news is that like the bubble popping, we're approaching the end of Casey's infamy...

It's not even worth getting riled up anymore about taking a vacation from napping...

Casey's future at this point is set... I think he honestly believes his site is a commodity and membership might have its priviledges:

To expedite the approval process you can "bribe" me with a donation of $10 or more via PayPal. Use the DONATE button in the sidebar to pay securely with a credit card. Donations will be used toward building this into a foreclosure help site and help me pay off my debt.

All hating aside, Casey is convinced the traffic to his site is about him... it's not, it's for the commenters. He can't do advertising, because people will just slam his ads with click after click and shut that avenue down.

There's no legit company that would want to sponsor him or get involved with him as he's been exposed as a fraudster and get-rich-quick wannabe.

So what's left? Thinking people would sign up for the honor of real-time commenting on a blog? I think you've totally missed the point of the social web. Good luck with that kid. I think we'll hear the final gasp at a hare-brained scheme with some sketchy company and it'll just die a slow death from there.

I think I might just archive-post all of Casey's know scams, not that it hasn't been done before, but the more this guy's name is associated with scams the better off the world will be. If you know of links to them, let me know I think it might be a good idea to have this stuff in as many places as possible.

Link First, Ask Questions Later

Someone at the Milk This Bubble As Long As We Can must have finally sent Nigel the latest Talking Points memo. In this latest post, Nigel dumbtificates about FHA loans and their "problems."

A couple of paraphrased gems from the Master of the Obvious. First we must wade through the typical Nigel fluff pulled directly from Boringapedia. So after the first few paragraphs where Nigel changes a few words of a generic description he goes into the "problems."

However, these liberal guidelines come with a price and with FHA, it's called mortgage insurance. MI protects the lender to 20% should a borrower default on their loan.

Yeah, heaven forbid there are things in place if a borrower isn't responsible enough to save a large downpayment or might be a credit risk.

The second problem with FHA loans involves the approval process and documentation. One qualifies for FHA mortgages much like a conventional loan which requires two years on the job (or in the same field), tax returns and financial reserves. There are no stated income FHA loans and no interest only either.

Yes, ALL THESE THINGS SOUND HORRIBLE. The last thing we need is more qualified borrowers in the housing market, these people might actually want to negotiate and junk like that. This statement reinforces my belief on the quality of mortgages the Swabtard might have been involved with.

FHA mortgage products are a welcome part of the home financing opportunity and should be looked at closely before entertaining other types of non-conventional financing.

Hmmmm... it almost sounds like we're now dismissing these FHA loans and still thinking about, you know, possibly pushing more junk 100% loans. All in all, it's a pretty typical bland post from Nigel... but I did recall a previous Nigel mention about FHA loans...

Was it this one? That bottle sure makes it look good...

This is great news for first time home buyers...

I'm not sure, let me Google this... HOLY CRAP! Nigel sure was busy linkwhoring CNN.com, Business Week about the FHA. Blah.

Fortunately, the FHA has an awesome ARM which goes both ways and it can only adjust once a year and has a reasonable cap rate.

I do get the sense that Nigel, in his own way, is trying to finally detach himself from the Casey drama, but in my mind he and Casey are still representative samples of what went wrong in Real Estate in the past 5 or so years.

Any bets on when Nigel's done with Real Estate and starts working on this winner he's been keeping in his back pocket?

Casey's New Mentors

Whee, the post is back and edited! Good to see Casey starting to set his sites on something he can truly achieve. Failure.

Sidewalk Foreclosure Avoiders

• Cops hassling you to move?
  
• Stinky Steve sneaking your best boxes away?
• Need to pimp that grocery cart?
  

Call Casey Serin and for the low, low price of $.29 you'll get a 20-minute consultation on all these issues.

At least Casey's new mentors are cheaper and have better life experience than the last scams he fell for.

A Special Message (and Interpretation) To Galina Serin From Casey Serin

Yes, I sometimes
feel held back
by marriage.
\

Well, ok, I think he means get off your ass and bring home some bacon (or at least a 7 year, 2 year degree). Me, I say get on that trampoline with that Century 21 jacket.