The American dream
03-11-2008, 08:52 PM
#32
3.0 BAR
Thread Starter
Join Date: Mar 2003
Posts: 21,479
Re: The American dream
Originally Posted by reactone
Congrats man, my fiance and I looked for over a year for a house. We locked in at 5.875%. I guess you don't get too much out there for the money!
Rich Californians and rich snowbirds pretty much own this town. Californians come here with their big boats and hot/drunk/naked/horny/willing/slutty women in the summer and the old people come here in the winter. Needless to say Summertime is ALOT more fun. 
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03-11-2008, 10:45 PM
#33
0.0 BAR
Join Date: Jan 2008
Posts: 0
Re: The American dream
Originally Posted by Inquisition
That's because you are a sub prime mortgage retard. You bought a home you couldn't afford because you were told "Hey, prices are just going to keep going up. Don't worry about when you get hit with 20% interest rates in 2 years because your house's value will double and you can just refinance."
http://docs.google.com/TeamPresent?d...uth=true&pli=1
I hate to be harsh because a lot of people got fucked up this problem and its left the real estate market in shambles, but anyone who thought a sub prime mortgage was a good idea and thought you really could buy a home with no down payment is absolutely retarded.
http://docs.google.com/TeamPresent?d...uth=true&pli=1
I hate to be harsh because a lot of people got fucked up this problem and its left the real estate market in shambles, but anyone who thought a sub prime mortgage was a good idea and thought you really could buy a home with no down payment is absolutely retarded.
when that rate jumped to about 20% and my wifes and my income got cut in half we could not afford the house anymore.
then our income got cut even more when my wife got pregnant because she could not strip anymore.
we went from 150-200k a year to about 50k combined.
i don't blame anyone for us losing our house like other people do. it seems like everyone is blaming the finance companies, but like you said most of the people were just retarded.
03-11-2008, 10:47 PM
#34
0.0 BAR
Join Date: Mar 2004
Posts: 0
Re: The American dream
We paid $149900 for a 1200 sq ft cape about 5 years ago. In CT you don't get much for your money. We could get in the $185 range and we put a good chunk down so we will be selling hopefully next year. With the 2nd child due in April we will need the room and I need a 3 car garge for the Jeeps.
03-11-2008, 10:48 PM
#35
0.0 BAR
Join Date: Mar 2004
Posts: 0
Re: The American dream
Originally Posted by N/A mike
the problem wasn't that i couldn't afford the house, the problem was i could not prove income so i got an 8% interest rate which in my opinion was not that bad for no money down and not being able to prove income.
when that rate jumped to about 20% and my wifes and my income got cut in half we could not afford the house anymore.
then our income got cut even more when my wife got pregnant because she could not strip anymore.
we went from 150-200k a year to about 50k combined.
i don't blame anyone for us losing our house like other people do. it seems like everyone is blaming the finance companies, but like you said most of the people were just retarded.
when that rate jumped to about 20% and my wifes and my income got cut in half we could not afford the house anymore.
then our income got cut even more when my wife got pregnant because she could not strip anymore.
we went from 150-200k a year to about 50k combined.
i don't blame anyone for us losing our house like other people do. it seems like everyone is blaming the finance companies, but like you said most of the people were just retarded.
03-11-2008, 10:59 PM
#37
1.5 BAR
Join Date: Apr 2006
Posts: 676
Re: The American dream
Originally Posted by N/A mike
the problem wasn't that i couldn't afford the house, the problem was i could not prove income so i got an 8% interest rate which in my opinion was not that bad for no money down and not being able to prove income.
when that rate jumped to about 20% and my wifes and my income got cut in half we could not afford the house anymore.
then our income got cut even more when my wife got pregnant because she could not strip anymore.
we went from 150-200k a year to about 50k combined.
i don't blame anyone for us losing our house like other people do. it seems like everyone is blaming the finance companies, but like you said most of the people were just retarded.
when that rate jumped to about 20% and my wifes and my income got cut in half we could not afford the house anymore.
then our income got cut even more when my wife got pregnant because she could not strip anymore.
we went from 150-200k a year to about 50k combined.
i don't blame anyone for us losing our house like other people do. it seems like everyone is blaming the finance companies, but like you said most of the people were just retarded.
Also, don't drop "oh, my wife is a stripper and makes 150k a year" and not post pictures. You should know better.
03-11-2008, 11:00 PM
#38
0.0 BAR
Join Date: Dec 2005
Posts: 0
Re: The American dream
Originally Posted by Dr.Boost
Nah, believe it or not some people in this world are straight. I know it's hard for you to understand not all guys like the **** and you just automatically assume every guy is gay, but sorry "We" as in my girlfriend and I. 
Some retard on here was trying to argue with me about how buying a house isn't a good investment. I think it was that homo "rawr". :1 The kid lives with his parents and has no real world experience with ANYTHING, but he's trying to convince me buying a house isn't a good investment. :1
Some retard on here was trying to argue with me about how buying a house isn't a good investment. I think it was that homo "rawr". :1 The kid lives with his parents and has no real world experience with ANYTHING, but he's trying to convince me buying a house isn't a good investment. :1
03-11-2008, 11:34 PM
#39
0.0 BAR
Join Date: Nov 2003
Posts: 0
Re: The American dream
Originally Posted by CoreyR
that was also me arguing with you, but my point was buying a house thinking youre gonna make money if you sell it in 5 years is a bad idea.
