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SDAppraiser – no luck there

You are not getting my business anytime soon, Well I rent this house and have no mortgage. I pay my rent on time. Anyway always looking out for a NOD in the mail for my land lord – LOL

By the way, I go to work late everyday – lol, 10 am is usually early, that’s why I was a driving rather badly.

As lendingbubbleco said earlier, Hope SdAppraiser did not apprise that home, cus that deal reaks of Mortgage fraud, 1.175 mil for a 3000 sft home in this neighbourhood in june of 06, is completely out of control, that home should not have been apprised for any more than 900k, it should be more like at 800k.

Well I am not a certified appriser, who spent 2 weeks in a training class to apprise homes. So I might be wrong.

I smell buyer cash back, probably buyer/seller/appriser/realtwhore sharing in the spoils of the fraud.

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thank you porkman, I guess I should be checking on trustee service

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thank you porkman, I guess I should be checking on trustee service

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thank you porkman, I guess I should be checking on trustee service

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this is what I am talking about

FCI

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Hello Powayseller – smartlady on the board

Thats a compliment, Other than being a housing bear and having dabbled in a bad financing deal, I do not know much about this business. I havent talked to any lenders, but figured that processing foreclosures was mostly paper pushing (filing NOD’s auction notices and such), which could be done from an office.

Since I dealt with one such company in 2005 at the peak of the boom, they pretty much had no business at that time and shortly after went bankrupt, I believe many foreclosure companies simply shut shop between 2001 and 2005, so am assuming that there should be an opportunity to fill in the void.

C N a Foreclosure Services Inc
San Diego Foreclosure Services Inc – this is the one that went bankrupt

Short sales might be another service that could be offered too. I have the resources and acumen to run a business, I need business know how.
Anyone want to share some info, I can make it worth their time.

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That was funny, I totally missed it. I am relived that it is not one of those nigerain pranks.

Good one natek

There were times when I shared some of my business plans with others as I did not have the resources or time to take them forward, Well, I did not mention that I would not mind paying for info as I figured that might be inappropriate on this board.

I was just fishing, hoping to get some info, thats all, no harm done, no one hurt.

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Clyde, you are something.

I though this Nigerain crap is only linmited to email. These guys from Nigeria wont stop at anything.

Are these guys stupid to think that someone would actually write a check for a dumb reply on a message board or is it that there are stupid websurfers (I guess they target americans) that actually write such checks.

We should be doing so and writing such checks, else why would these guys do such emails and posts.

Who is stupid?, I guess we Americans are, else why would we create the housing bubble in the first place.

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Hello VanMorrisonFan
by foreclosure service, I did not mean buying properties in foreclosure, but providing the service to fecilitate forecloseure. A couple years ago, I had to foreclose on a property that I financed.

Long story short, I helped a guy buy a property by loaning him money, he screwedup, so I used a foreclosure company to serve NOD and the works, finally the property was setup for auction, and the guy coughed up the cash by screwing some one else, one day before the auction date.

This whole process was managed by a “Foreclosure company”. that charged me about 5K

I am betting that there will be many forclosures in the next 2 to 5 years and would like to build a service company that would offer the service to lenders.

NO BUYING PROPERTIES FOR ME. I have been calling for a crash since 2001. I guess I was a lil too early.

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