Asset Management & Recovery: The Nerve of Some People

Gryphon USA, Ltd services clients through Gryphon Asset Management, Gryphon Realty Advisors and Gryphon Auction Group. Gryphon Asset Management manages operating entities and undertakes liquidation management in numerous business lines. Gryphon Realty Advisors is comprised of three divisions all working together; Residential, Commercial and Management. Projects range from single family investments and owner occupant reresentation to apartments and commercial complex disposition. Gryphon Auction Group assists clients with the sale of real property as well as commercial equipment.

The Nerve of Some People

Broker Bryant recently has a blog about being screwed and Jay McGillicuddy responded about the nerve of the guy that called BB.

In May 2005 I was acting as a Court Appointed Receiver at the request of a local bank for the purpose of  liquidating a 14 unit apartment building.  A buyer came forth and was represented by my next door neighbor.  We will call the buyer Mark Evans, since that is really his name.  Look out for this guy, folks.  He is now a world travelling teaching GURU. Here is a mug shot.

Anyway, we go through the process which includes him providing an approval letter, me asking my attorney to draft a Motion to approve the sale, going to Court and obtaining an Order to approve the sale, setting up a closing with the title company and so on.

All of a sudden, Mark doesn't have the money to close and just can't find financing anywhere.  I am a little upset, but I get over it.

I am over it until 4th of July 2005 when my wife and I are having a little party and my neighbor comes rolling in.  He was invited and expected.  Next thing I know, in walks Mark Evans, sits down at my bar and asks for a beer.

This is the guy that wasted my time, my attorneys time, the Judges time, the foreclosing lenders time and the foreclosing lenders attorneys time.  He has the stones to saunter into my home on my anniversary and try to drink my booze.

The nerve of some people.

 

Do you have questions about distressed assets, receivership or bankruptcy sales, auctions?  Email me at rfk@gryphonusa.com and I'll try to answer it in an upcoming post.

Richard F. Kruse is the President of Columbus, Ohio based Gryphon USA, Ltd. (www.gryphonusa.com).  The Gryphon Organization includes Gryphon Asset Management providing receivership and consulting services in the distressed marketplace, United Country Gryphon Realty & Auction Group (www.ucohiorealty.com & www.ucohioauctions.com) providing real estate brokerage and auction services throughout Ohio and OnlineAuctionUSA.com (www.onlineauctionusa.com) providing commercial asset liquidations from the Midwest to East Coast. 

United Country Gryphon Realty & Auction Career Opportunities Available.  Call 614-885-0020 x 17

12 commentsRich Kruse • December 18 2006 10:54PM

Comments

Okay.

What happened next?

Where are the ugly details.  You can't end the story like that!

Well, yeah I guess you have to on a family show.

 

Posted by Sanctuary Lending over 3 years ago

About 30 minutes later he tried to bet me $100 on something and handed over a fake $100 bill.  It was the last straw and I remembered that at my house, I make the rules.  This included the right to voice my views on things as I saw fit.  I threw shot glasses at him until he left.  Some were full.

That's the family version.

Posted by Rich Kruse (Gryphon USA, Ltd.) over 3 years ago

Then you left the empty shot glasses for me to clean up. Thanks honey. Actually I just wish I'd been by the bar when you started throwing things. I might have thrown some too.

 

Posted by Melissa Kruse (Gryphon ) over 3 years ago
See, now that's story. :)
Posted by Sanctuary Lending over 3 years ago
Is that the scam artist?  On his balcony of his palatial estate overlooking the Carribean Sea?  I realy want to know because I want to know how to sell books and tapes.  Ask Mark if I have a pic at the beach, can I get into the OPM seminar business?
Posted by VA Mortgage Broker in California/858-777-9751 over 3 years ago
Rich is working on his own scam, I mean seminar, business.
Posted by Melissa Kruse (Gryphon ) over 3 years ago

Well Melissa, you are the one that keeps telling me to charge people when they bend my ear for an hour about how to do something.  I know that I don't listen often, but this time you are right.

The seminar thing might be a little like Active Rain.  People might come and listen just so they can tell me how wrong I am.  At least I can charge them for the pleasure.  Here they get to slam on me for free :)

That and I have a revolutionary idea.  Tell people the truth and give them the sample documents without an upcharge.

Posted by Rich Kruse (Gryphon USA, Ltd.) over 3 years ago

"Hello You Two"

So. Let me ask you, why did you let this guy in your home in the first place?

I would have told him to leave and done so with a very loud ROAR!

Just curious, I mean it is your house. :)

TLW "The Lovely Wife"...Must Remain King and Queen Of The Private Castle...ROAR!

Posted by "The Lovely Wife" (Broker Bryant's Wife) The One And Only TLW. (President-Tutas Towne Realty, Inc.) over 3 years ago
We have a walkout basement and the party had spilled out to the yard.  He just walked around the back and came on in the sliding glass door. 
Posted by Rich Kruse (Gryphon USA, Ltd.) over 3 years ago
Ahhhh. That explains it. Thank you. TLW...ROAR!
Posted by "The Lovely Wife" (Broker Bryant's Wife) The One And Only TLW. (President-Tutas Towne Realty, Inc.) over 3 years ago

You were probably a lot more polite then I would have been!

When do we get the non-family version?

Posted by BallenIsles Marc Blasi (Waterfront Properties) over 3 years ago
I'm not sure about that Mark.  It is a little foogy due to the celebration and all, but everyone within a two block radius assures me that my point was clear.
Posted by Rich Kruse (Gryphon USA, Ltd.) over 3 years ago

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