Foreclosure Eviction (Cash for Keys) - Day in the Life of the Larkin Group

[Gehenna71]

I would hang myself if I had to do your job. Personally I find you are a criminal ape living on other peoples misery who have been ripped off by banks in the first place.

Have a nice night and ... sweet dreams.

[SGRealEstateGuy]

Yes a total scam: Being paid to leave a home and legal obligation you didn't keep. 

[vfIskullangel]

What a scam.

[larkingroup]

WHEW! People, the Constitutionalists have spoken!

[AlphaMoonQueen]

hey guy you need to get your rat face off the camera, and you dont know what a good deal is , theirfore what the hell are you doing in that line of business, you got so excited to be handing someone a 2,400 check that you had to put your stupid clueless remarks on you tube you dont even know what it truely feels like to be under this situation some knowledge for you it will take at least a month or more to put it on the market, state laws haft to be followed first so you rat scum bag

[larkingroup]

@AlphaMoonQueen Wow, sounds like you're having a real Monday! Again, the criticisim is fine as long as it's not obscene so criticize away! Don't know where you get your information from. I'm fairly aware of State Laws - I do this for a living. If we don't repair a property we typically have it back on the market in 3 weeks or less. Cheers.

[TheBeachgirl77]

I love how the bank is always to blame! These people signed the documents, they were well aware of the adjustable rates...it's a two way street. The bank shouldn't offer loans like this, but people should NOT enter into a mortgage that they cannot afford. People take take take and then when they can't afford to pay their mortatge, it's the banks fault. LOSERS

[conworldus]

I had to pay 8000 cash for keys for the last foreclosed property I bought. Still made 40,000 after tax and real estate agent commission though. Not bad. 

[SGRealEstateGuy]

All:

Some fool decided to post some serious obscenities on this page yesterday in criticisim of what I do for a living. The criticism is fine. As you will all notice, I have left the ability to comment WIDE OPEN and if you want to criticise, got for it! HOWEVER, if you post anything obscene, you WILL be flagged as spam and your comment deleted.

Onwward!

Jeremy

[quest8899]

evictions sound fun

[METALMAN4Wii]

@quest8899 Only if you because homeless though.....! ( sarcasm )

[evolutionsolutionco]

This just pisses me off to no end...Pay somebody 2400 who doesn't pay their bills to leave their x-home in good shape? I realize the bank does this out of fear of extensive damages but there should be a clause somewhere in the mortgage contract that states if the owner defaults and the home ultimately goes into foreclosure and the previous owner trashes their home that the bank has every right to charge them with a crime. Something really screwed up about this manner of thinking.

[METALMAN4Wii]

@evolutionsolutionco Because the old owner could just take a can of gas a match to it. after the bank screw them with an adjustable rate morgue. also what's to stop the bank from stopping payment on that check......?

[SGRealEstateGuy]

@METALMAN4Wii I guess the bank COULD stop payment but the reality is that they just signed the exact same legally binding document that the Tenant did, obligating them (the bank) to pay. They always, pay, always have. Remember this though about the adjustable rate comment: in this case FANNIE MAE didnt' get involved in that, the local mortgage broker did. The fault must be shared by the local broker and the buyers who are adults and need to thoroughly examine a binding contract.

[rewire69]

@SGRealEstateGuy Well even if they examin the the contract and so on.The bank has commited fraud in the first place trying to collect on the house after they have already been paid by the insurance company to pay them off on the house.And thats the same house they set you up to default on.And if you want to talk contracts and so on.They can not charge you for the same house two times.So when they collect the payment is contract law they have already been paid.You should get it free and clear.

[SGRealEstateGuy]

@evolutionsolutionco Great thoughts and you are 100% accurate in your opinion. I wish I could fix the system but unfortunately have to simply work within it.

[xxxemoliciousXPxxx]

@evolutionsolutionco Well, no. It's good for familys like me, where I have 3 low-life brother who are about 21yrs old, and still live with their mother. I too, am getting evicted... on my birthday... and the money would be perfect for a single mom with 6 kids.

[MrOne4truth]

@evolutionsolutionco go get an education before posting , the banks have stolen the value of the homes, and have been paid in full once maybe up to 10 times, they are stealing the homes, they threw away the notes, they are the scum of the earth, wake up and see who is running this country

[badboy94590]

scum bag

[SGRealEstateGuy]

@badboy94590 Sorry you feel that way. The fomer owner was very happy to see me bring $2400.00 to them.

[pinoychill]

what r u talking about eviction.what u did is not a eviction its a cash for keys deal. leave the house broom clean leave appliances and in return get cash.and you dont care about those people that lived there your just a greedy REO agent. i bet you just couldnt wait to list that house on the MLS and tell people"oh its a great time to buy" just like you did in the boom years. dont try to hype this video up like this is a eviction.you need a court order to evict.

[SGRealEstateGuy]

It was actually a combination of the two.

It's unfortunate that the owner hadn't been able to honor their binding commitment to pay the mortgage for a year.

They were very appreciative for the way I treated them and teh $2400.00 they got from the bank they hadn't paid.

Yes I couldn't wait to sell it and we DID. Full price and the new owner loves it.

Oh and PS - it sure is a great time to buy...cheers!

[globalcapitalist]

I'm going to be dealing with Cash for Keys, but I'm a renter. Have you had to deal with anyone in my shoes? (renters who didn't know they were paying someone a mortgage when the property is under foreclosure?)

[ForeclosureIndustry]

Nice work on the video.