October 04, 2007

HP Exclusive: You know you were curious... Casey Serin of iamfacingforeclosure.com gives HP a "where's Casey" update


I know, I know, we're a bunch of "haterz", nobody wanted to see the kid catch a break, and the day he shut down the blog was a good day... right? But come on, you HAD to be a bit curious, eh? Well, here's Casey. Enjoy. Or not. But don't get mad at HP - just doing my job folks.

That said, I won't be happy until Casey is called in front of Congress in 2008 to tell his story. Take it to the bank - that day will come.
_______________

I hope this message is taken as sincere. I have no more reasons to
"spin" anything...

I'm working a stable consulting job for an experienced entrepreneur.
Consulting is a generic term which means I'm doing whatever needs to
be done. The best part is I have a slice of ownership in the venture.
So its the best of both worlds - the stability of a 9-5 with weekly
paychecks while still giving me lots of flexibility, a chance to build
something and share in the profits. Very much a blessing. So I'm
getting back on my feet financially, though very slowly.

Trying hard, REALLY hard, to not get distracted too much by "pie in
the sky" stuff and my temptation to go back online and in media.
Turning down the Dr. Phil show recently was a very tough one! I have
to remember that it was the online/media over-exposure that was the
"last straw" in my marriage breakup, amongst many other things.

Its obvious that I cared much more about my "fame" and potential sweet
deals/opportunities that might come as a result, than the concerns of
my wife and our unity. Also there was that hand-written promise I
made to her to shut down the blog, get a job and lay low for 2 years
or more. I want to keep that promise, even if I never get back with
her. It's the right thing to do and will teach me to honor my word.

And yes my wife and I are still separated, unfortunately. I am
learning some really really hard lessons about how fragile
relationships really are. As I'm sitting here all alone typing this
email at 4:48am (all nighter), I'm thinking back to a time when she
was right here by my side. Man, how stupid I was to ruin such a great
thing! Now I can only work on making things right in my life and pray
that God gives me another chance with her.

As you've seen, I sold the blog for 50K - huge thanks to Aaron Krowne
of www.ml-implode.com. I finally did the right thing (though
reluctantly at first) by paying off all the debt that was in my wife's
name as well as most of our private loans. It was really my own debt.
She trusted me with her credit to use for the real estate deals.
What did I do? I ruined it and broke her trust (not the first time
unfortunately).

Paying off that debt took a little over 40k. Plus there were a couple
of previous "partners" that I had to pay to make things right -- more
painful lessons on promising too many things to people and not keeping
those promises. The attorney fees to undo some of those entangling
relationships took a big chunk. G kept the Jetta so I also bought a
cheap used car for myself for 3K. So that's where that 50 grand went.
All gone, but for a good purpose.

Not sure what I'm gonna do about the approx 500K of debt still in my
name. That figure includes both credit cards, deficiencies on
mortgages and a private loan. Its just an estimate as I won't know
until all my bank-owned properties get sold. My desire is still to
find a way to pay back "every dirty penny", but I also have to be
realistic. I am considering Chapter 13 bankruptcy. It forces lenders
into a repayment plan and I can start cracking away at it. But I'm
not sure yet if that's the right plan. Too much things are still up
in the air. We'll see.

As far as FBI and "mortgage fraud "investigation goes, I don't have
any news. Last I heard they still have a file on me and perhaps
they're just taking their sweet time. I do have a defense attorney
and plenty of proof to show I did not have any criminal intent and had
plenty of reliance on professionals.

Of course I made some bad business and ethical decisions with the
loans. Then I was naive enough to blog about it in vivid detail and
let people blow it out of proportion. It was fueled my idealistic
desire to help others by sharing my experience of what "not to do". I
sure hope my story helped some people, both those facing foreclosure
and especially newbie investors to be more careful.

I am not excusing my behavior and am ready to do whatever I can to
"right the wrongs", like attempt to pay off the debt. All I know is I
have to continue doing the right thing and let the "chips fall where
they may". Living in fear is not going to do me any good.

Man, do I wish I didn't have to go through all this crap but I was
blinded by my reckless pursuit of financial success. It was
definitely fun and adventurous at the time (like the Australia trip),
brought me some great contacts and relationships, etc. In the end it
was much more harm than good. Loosing my wife that is.

Having said that... I'm not giving up on my dreams of financial
success. God gave me those desires for a reason. Instead I am even
more determined to pursue it but in a safer way - even if takes
longer. Biggest thing is I must put my loved ones first. For it is
because of them, my family and friends, that I want to become
financially independent. I'm looking forward to that day when I can
share my abundance with them. But in the mean time I have plenty of
non-financial abundance I can share - love, caring, quality time, etc.

About 3 weeks ago my 25th birthday came and went. I did not
accomplish my goal of 5K/mo passive income - a goal I set 7 years
earlier. I'm OK with that. The truly tough part was not being with
The One whom I really wanted to share that special moment with. I
guess we take for granted the things that truly matter
(relationships), until they're taken from us.

Anyway... this is the last the online world will hear from me for a
long long time. All in all, the past year has been some of the
craziest times of my life. That's for sure. I thank both the haterz
and the supporterz. Everybody played a role.

In closing, I will say my favorite line.... "Its all good!" I'm
still an optimist but (hopefully) getting wiser through painful
lessons and many lonely nights.

Casey Serin

47 comments:

Jason said...

You're missing a 'sociopath' tag.

Anonymous said...

http://www.glumbert.com/media/japtirejumping

westwood said...

You were actually scooped by a couple of minutes by Exurban Nation.

The consensus there is that his 9-5 gig involves some sort of scaminar.

Anonymous said...

bla bla bla bla b la waaaay too much Casey


please no more bla bla bla from you

Out at the peak said...

Good update. I wanted to see where everything fell. It's a lesson to be humble when something is too good to be true. Be sure that meaningful relationships are maintained and not alienated from inappropriate actions.

If I was in Casey's position, I am not sure what I would do. I'd be really depressed, gaining weight, wasting a lot of time on the internet, and cry at night.

Good luck to Casey's debt repayment.

Anonymous said...

.








No One Cares about this doucebag!











.

Anonymous said...

If he keeps his word and pays off his debt, I'll forgive him.

B

Anonymous said...

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So sad, but it sounds like he has made some good choices after making some very bad ones. He truly is the poster boy for the housing bubble.

Anonymous said...

Murst?

Anonymous said...

I told you your wife would leave you!

I told you the Feds would get you!

I told you you were a looser!

- Attorney

whitetower said...

.
.
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"Passive income."

The stupidity, arrogance, and irresponsibility of that concept says it all.

bubbles belong in the bong said...

"I'm not giving up on my dreams of financial
success. God gave me those desires for a reason"

dude, that was the devil. know the difference? you sound like a dumb liar who is trying to say the right things but is too dumb to know how dumb you sound. stop lying dummy!

W.C. Varones said...

Casey made me serious money as I started shorting Countrywide when I found out about the ridiculous loans they had given him.

I used to mock him, but I'm glad he's turning his life around. He should go BK -- no point paying back those greedy, corrupt lenders.

I hope Gloria comes back.

Anonymous said...

He made mistakes but was just caught up in the mania like millions of others

GT said...

yawn

"this is the last the online world will hear from me for a
long long time"
promise buddy?

doesnt hurt to edit keith

Anonymous said...

I hope that the FBI does its job and bust this guy for good. The dollar is in the toilet because of people like Casey, Bernanke, and the Wall Street crooks.

You Wall Street brokers are a bunch of low life crooks. Wash your disgusting mouths with soap before you kiss your children.

Anonymous said...

If I was in Casey's position, I am not sure what I would do. I'd be really depressed, gaining weight, wasting a lot of time on the internet, and cry at night.

Do you know me? And I play by the book...stupid me.

Anonymous said...

Casey = major douche

Anonymous said...

Hmmm, what I'm missing here...he's saying that his debt is only 500k, while I thought that the hole was more like 1.5 million bucks. Funny how Casey's calculations always benefit him. So, all that housing debt that he sticked to lenders and taxpayers were erased, just revolving accounts are taken into consideration now. Congrats Casey for helping to f*ck the American dollar...I hope that your trip from Gofuckyouandyourussianwhorestang to America was worth it. Gee, thanks INS, we need more people like that as citizens, but I understand that an American citizenship is worth sh*t right now. Hell, I'm burning my passport as we speak. Viva the Soprano family, viva the Russian mafia, viva the Juarez Cartel, viva Giuliani, viva the Israeli lobby, viva Mossad, viva Skull & Bones, viva Illuminatti, viva the corrupt Congress and Senate. I hope you are all happy! Enjoy while it lasts. Meanwhile go watch NASCAR, you bunch of Jesus freaks inbreds.

Sorry, pissed mood today.

Anonymous said...

Only in America that someone would to give a job as "consultant" to this tool. Amazing! I've been telling you, we are going down fast...

fish said...

Aaron Krowne bought his blog for 50 K?

Anonymous said...

"Hmmm, what I'm missing here...he's saying that his debt is only 500k, while I thought that the hole was more like 1.5 million bucks. "

That was when he still had all his houses. When they got foreclosed upon, a fair chunk of Casey's mortgage debt effectively got cancelled - although he lost most of his assets in the process as well.

Anonymous said...

The single most interesting (and, simultaneously, baffling) aspect of the Casey drama, in my most-humbly-proffered opinion, is the reactions he created specifically on THIS blog.

That is to say, the presence of Casey-related articles on HousingPANIC was always accompanied by a loud chorus of bitching and grumbling...not about Casey himself, who was almost universally recognized (around these parts, anyway) as being both deluded and immoral. No, I am talking about a special sort of anger directed at Keith for having the effrontery to put a Casey-related article on the site.

Now, why was this? I am still trying to grapple with it.

I mean, its not the repetition factor, because Keith has had far more articles asking "are we at fear on the denial curve", say, or bitching ambiently about Mozillo. Yet these don't bring out the snarling, kicked-in-the-balls wrath that anything Casey-related always seemed to result in.

There is even a faint echo of the phenomenon here today, months after Casey's 15 minutes were up. Such as Keith's need to apologize even for posting the thing, or the "howl from the heart" of the "No One Cares about this doucebag!" poster upthread. Why the rabid fear if nobody cares? Why even post it, for that matter? Very clearly somebody does care, and in a rather pouty, sulky, and bruised way, it appears.

So what, exactly, is it about Casey that brings out this reaction? It's not overexposure, it's not moral outrage at Casey himself...at least not purely. No, I detect the foul, funky understench of something much more primal and personal here.

Something about this touches people deep down, and not in a good way. Something deeply unsettling, waaay down in there, perhaps lodged around the "Kindergarten kiddie bawling his fucking eyes out" level of basal emotive responses that lurk queasily in the subconscious...

...but even if so, what, exactly, is at work here? Why?I can't quite figure it out, it eludes me, dancing just beyond the threshold of comprehension . Perhaps if I were Tom Wolfe Carl Jung or somebody I'd be able to dig that socio-psychic splinter out, but I'm not, I'm just a messageboard hack. Maybe one of you geniuses can flesh it out for us, who knows.

tim73 said...

When the going gets tough, wife gets divorce and the kids. Welcome to the real world pal.

Anonymous said...

Having said that... I'm not giving up on my dreams of financial
success. God gave me those desires for a reason. Instead I am even
more determined to pursue it but in a safer way - even if takes
longer. Biggest thing is I must put my loved ones first. For it is
because of them, my family and friends, that I want to become
financially independent. I'm looking forward to that day when I can share my abundance with them. But in the mean time I have plenty of non-financial abundance I can share - love, caring, quality time, etc.
================================
"God gave me those desires"? It seems Casey mistakes Bernard Mandeville of "Fable of the Bees" fame for God.
Casey thinks and writes just like the typical American idiot.

What the hell does "non-financial" abundance mean anyway? Casey better wear a condum before he shares his "non financial abundance" with those he loves.

Reading the jibberish writings of Casey Serin is nothing short of painful.

Anonymous said...

"It's all good"is Casey's favorite espression?

Now that is straight from Jerry Springer not Dr. Phil.

How can any American not admit to watching at least one Jerry Springer episode where some overweight black chic is lifting up her large arse to diplay for all in the audience see, while saying "It's all good Jerry, it's all good".

Angelina Jolie said...

Casey - I LOVE YOU! Will you have a baby with me? PLEASE!

PS Any wife that would leave when times get tough is not worth keeping. I would never do that. I got a vial of blood for you to prove my love to you.

Anonymous said...

Where can I find your X. She is hot and needs some rock hard stability.

Osama B. L. said...

How much for your women?

I will pay in gold and euro's, and have her join my many wife's in my palace.

Mammoth said...

"Anyway... this is the last the online world will hear from me for a long long time."
==================
This is probably just another one of a long string of lies spewed out by this loser.

Anonymous said...

This is so sad. It seems like he learned his lesson and is regretful of his choices. I have compassion and empathy for him.

Anonymous said...

I distinctly remember Casey stating that his wife would only consider divorce in the case of abuse or cheating. Amazing how those good old "christian values" seem to fade when the going gets tough.

Similar to those "christian values" of "God gave me those desires" for money and all the BS Casey speaks about wanting to help people when he's just a classic street peddling scam artist looking to make a quick buck.

Sadly though, his so-called values are not that dis-similar from the modern evangelical movement that ties desires of financial success to God and Jesus. This is just a very bad modern day incarnation of the corrupt church, where weak people give others money to tell them how to live their lives. Kinda sad. But there will always be the weak and the strong so I'll just watch it from the sidelines.

I think the reason Casey evokes such hatred here at HP is that, quite frankly, we're too smart to listen to his BS and can see right through him.

I personally enjoyed watching him going down in flames and made fun of him to the point where he got really pissed at me. But listening to his doublespeak would have pissed me off too if all I did was listen to what he was saying and doing and couldn't comment back directly to him.

Kieth, ur turning into a full fledged BRIT!!!

Veronica Lodge said...

RE: Casey Serin's latest incoherent babbling:

Watching the implosion of Casey Serin's real estate empire has been a fascinating experience.

It's been even more fascinating to watch Casey's idiotic behavior before, during and after his economic collapse.

Casey lives in his own little private world, where he imagines that nothing he does creates any consequences for those around him. His lovely estranged wife, Galina, finally had her fill of Casey's follies when he recently left in the middle of the night for a whirlwind tour of Australia. Galina was left alone in Sacramento to deal with the bill collectors while Casey frolicked down under.

For those who find Casey Serin to be like the proverbial car wreck on the freeway (you just can't stop yourself from looking), I recommend the CaseyPedia.

It's a real page-turner.

V.L.

Anonymous said...

Who's casey serin?

Agent #777 said...

Why didn't he mention where can I pick up my own copy of The Foreclosure Code?

Anonymous said...

it's a shame to let a purty mouth like that go wasted on some 9-5 nonsense. there are good opportunities in the male-oriented adult entertainment business, Casey, especially for lissome blond twinks such as yourself.

Anonymous said...

First, thanks for the update, Keith. Second, as much as I wish every looser a turn around, I think Casey hasn't quite got what he deserved, he lied on his mortgage applications, and bankruptcy protection is for honest loosers. Maybe he could serve as the prosecutor's witness against some mortgage brokers and lenders before let to live in peace by the FBI?

Anonymous said...

"So what, exactly, is it about Casey that brings out this reaction?"

Whether he is telling the truth, he is trying to profit from his misdeeds- that's it, plain and simple.

Anonymous said...

CASEY DARLING---

Thank you for your note, and candor in writing about how the events have unfolded in your life....honestly, it is easy to get on your highhorse and blast this guy, but how many of you wouldn't have ran with the wind like Casey did, considering the times, the circumstances, and the Balls-Out mentality of the day...just think about it.......

Casey--Just remember one thing..you have to FALL in life before you can really GET UPPP. You are going to learn from this...many lessons, about what is really important in life, and you are going to emerge more successful than all of these sniveling little twits that just want to throw stones.

Some of the most successful people in this country and people I have personally met, were BANKRUPT before they hit it big....its all about what's in your heart baby.

Take Care--and Keep on Rockin' in the FREEEE WORLD!!

Love Ya,
Angelina

Joe Logic said...

What the fuck is a "looser"? You'd think that with all these HP geniuses that have PhDs and make $200k a year, they'd command some basic writing and spelling skills. Yeah yeah I know, I'm no English teacher. But I banged one once, and after I got mine and split it wasn't "looser" she was calling me.

Anonymous said...

So what, exactly, is it about Casey that brings out this reaction? It's not overexposure, it's not moral outrage at Casey himself...at least not purely.

It's what I've calling for a long time. The US is turning into a freaking third world country. I know, I've lived in many third world countries before. When you get to the point that a fellow man is nothing more than a mark, when you acquire the hustle mentality, that providing health insurance to American kids is less important than transferring billions of taxpayer dollars to Blackwater and Halliburton, you know you have arrived in decadence. I love many third world countries I have lived in, but the US should set the standard, push the bar higher. Whatta hell happened to this country? The shady groups just took over and we've become their bitches. How pathetic of us. Shame on us.

Anonymous said...

Anyway... this is the last the online world will hear from me for a long long time.

Oh, helloooo, we really don't give a fvck?

JohnDiddler said...

Looser is a sweet Caseyism. I'm a total looser. haterz!

FL_Bust said...

This sounds to me like an apology to his wife, and begging her to come back. I hope that woman has half a brain and sues him for all damages to her credit.

Anonymous said...

I guess Casey needed free advertising for his new book.

MurseMaster said...

For those of you baffled by terminology such as looser, It's all good etc., check out the Caseypedia for the no-holds-barred rundown on CaseyWorld™.

Anonymous said...

Good grief when will Casey man up and fellate a Glock for crying out loud?