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Funniest Jose Canseco foreclosure headlines

May 2, 2008 |  1:08 pm

HzukyskfFinally a foreclosure story we can all laugh at. If you can't see the humor potential in the story of Jose Canseco losing his Encino home to foreclosure, I can't help you. The best I've seen:

From the comment section at Calculated Risk:
--Canseco gets called out trying to steal home.
--The Oakland Alt-A's?
--A walk-off home. Er.
--I guess he was thrown out while trying to steal home.
--Britney needs a man in her life to provide some stability, maybe she should give Jose a call.
--Home... Run!

From L.A. Land
--Jose Walks
--Canseco took a walk, but was called out at home.
--New words for an old standard:
"Jose can you flee by the dawn's early light?"

Photo: Jose Canseco; credit: Los Angeles Times.


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Comments

Charles Barkley said it best in his Nike commercial:

"I am not a role model"

...from the subprime to the sublime...

Jose's next book, 'Juiced Mortgages: Wild Times, Rampant Frauds, Smash Flips, and How Housing Got Big '

BTW, love that 'Home...Run'...Away.

"Shoudld I keep the house and mortgage payments?...No Way Jose....."

jose slides into home... and then strikes out

Here are some headlines I thought of (you can see I'm bored):

- "Bank says 'No way Jose.' "
- "Jose goes into foreclosure, Hose B takes him in"
- "Canseco can't pay-o"
And finally...
- "From steroids to stairwell"

What?

No "Looks like his pecs weren't the only thing juiced..." punchline?

Fools and their money are soon parted.

For some reason this story reminded me of a quote from a recent and largely forgettable column by Christopher Hitchens on Slate. He was talking about a politician, but it could have just as easily been said about Jose.

"He combines the body of an ox with the brains of a gnat. Indeed, if his brains were made of gunpowder and were to accidentally explode, the resulting bang would not even be enough to disarrange his hair."

Many years ago when Canseco was at his peak playing for Oakland he bought a MacMansion in the bay area. I had a chance to review the documents for the purchase and it was noted that he was paying $750K more for the house than it was worth. The comment on the approval line was, "What do you expect, he's a baseball player?"

Chaos in the Luxury Finance Market.
The Other Shoe Has Dropped.
http://thegreatloanblog.blogspot.com

Take care Irvine Housing Junkies. Enjoy your weekend.

New reality show on HGTV-Flip a house Jose's way.

Here's a funny Jose tid-bit: He was selling his home in So. Florida for $2.6 million and had several offers over $2 million. He decided to take an offer from a businessman which was stock in a Mexican Telcom company. The stock was restricted for 2 years and the businessman said it would be worth $5 million by then. Jose sold the stock 2 years later for $15,000.

I can't resist. Here are some more wisecracks (albeit: bad ones).

Lean times for Canseco's liens.

Canseco's game is a shutout.
***
And, in keeping with my stock attitude around these parts, if your home was being floreclosed on, would you be laughing?

If he walked away from his house, with the amout of cash he has, the bank should go after him for his money, for the loss the'll take when they sell the home.



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