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Mortgages Gone Wild | Home | Squatters renting from from squatters

March 6, 2008

Reverend Robin Beaty of West Africa wants to lease you this house

Hot Tipper Erika let us know that Robin Beaty is renting out this Ballard, Seattle house for a mere $900 a month. Seriously, he’ll send you the keys if you’ll just send $900 for the first month’s rent. Erika says:

“I SERIOUSLY HOPE THAT PEOPLE HAVE THE COMMON SENSE NOT TO FALL FOR THIS BUT JUST WANTED MAKE SURE YOU WERE AWARE OF WHATS GOING ON.”

Perhaps the reverend is aware that a 30 year loan with 20% down and a 5% interest rate, his rental pricing comes out to nearly exactly half of the $1,868 a month our brand spanking new mortgage calculator predicts you’d pay for your payments if you bought it.

Apparently the missionary Mr. Beaty owns real estate up and down the West Coast – Ballard real estate is just part of his master plan. He has also been spotted in Sacramento. If you do decide to rent from Mr. Beaty (or his alter-ego, Rev. Robin Bruce), please get in touch with me; I have a very cheap bridge that you might be interested in buying.

One Response to “Reverend Robin Beaty of West Africa wants to lease you this house”

  1. Miss Marlow said:

    Oh boy. I hope this doesn’t ruin it for us legitimate landlords. I rent my furnished apartments sight-unseen on Craigslist and have them send me a deposit via Paypal. I’d hate to have this legitimate source of renters dry up because of stupid scammers out there…..

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