Bargain Locks - REO Property Preservation Forum
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post #1 of 14 (permalink) Old 08-11-2016, 09:10 AM Thread Starter
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Bargain Locks

I was just curious, anyone know the scuttlebutt on Bargain Locks and why they folded so quickly?

It was weird how they didn't have a going out of business sale or anything. Did someone buy the company? Maybe a competitor?

Yes, I have regrets. There are things I wish I hadn't done . . ..things I should have done, but indeed, there are many things I'm happy to have done. It's all in a lifetime.
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post #2 of 14 (permalink) Old 08-11-2016, 09:45 AM
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Didn't know they folded.... A few weeks ago a service rep said their Chinese supplier was bought out and they were negotiating pricing and quantity requirements so wonder if that was the reason?
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post #3 of 14 (permalink) Old 08-12-2016, 08:51 AM
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Didn't know they folded.... A few weeks ago a service rep said their Chinese supplier was bought out and they were negotiating pricing and quantity requirements so wonder if that was the reason?
A few of their staff have already migrated over to US Hardware Supply.
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post #4 of 14 (permalink) Old 08-22-2016, 09:19 AM Thread Starter
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It's just strange how they went so quickly, at least to the outside eye. No warning, no get rid of inventory sales, just...poof.

Was just curious to know if anyone had information.

Yes, I have regrets. There are things I wish I hadn't done . . ..things I should have done, but indeed, there are many things I'm happy to have done. It's all in a lifetime.
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post #5 of 14 (permalink) Old 08-22-2016, 12:57 PM
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I believe one of their top guys went over to MFS.
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post #6 of 14 (permalink) Old 08-22-2016, 06:44 PM
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SG/MFS bought them out
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post #7 of 14 (permalink) Old 08-22-2016, 08:38 PM
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I've been working/happy with Carrdan anyway. Locks are heavier, easier to install, and don't strip out the screws. lol My investors like their locks better too.

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If not satisfied please returned the unused portion of the product and we'll return the unused portion of your money.
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post #8 of 14 (permalink) Old 08-23-2016, 07:59 PM
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I've been working/happy with Carrdan anyway. Locks are heavier, easier to install, and don't strip out the screws. lol My investors like their locks better too.
their knob locks suck. but its convenient since they are 4 miles away
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post #9 of 14 (permalink) Old 08-24-2016, 11:36 AM
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Never had an issue with them. Can't say that for the others, maybe I got an incredible batch...

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If not satisfied please returned the unused portion of the product and we'll return the unused portion of your money.
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post #10 of 14 (permalink) Old 09-01-2016, 08:29 AM
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their knob locks suck. but its convenient since they are 4 miles away
If you have trouble with our locks, please let us know so that we can replace them. Your feedback helps us make our products better!

Abbey Kurth
www.carrdan.com
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