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MTG#10 02-18-2021 03:12 PM

Quote:

Originally Posted by Hammock Parties (Post 15556211)
EBON down 2% after hours

bullet dodged!

Yeah it must be over, bankruptcy incoming.

Hog's Gone Fishin 02-18-2021 03:13 PM

Quote:

Originally Posted by TinyEvel (Post 15556208)
PLUG down to $50. Hold, sell, or buy more?

I wouldn't sell anything today unless you want money to put in a better choice.

SupDock 02-18-2021 03:35 PM

Quote:

Originally Posted by Hog's Gone Fishin (Post 15556217)
I think the solution ,which my banker said he could do , was to do a loan modification at the 5 years. So for example I could take the remaining 25 years and have them change it to 10 so I have the 15 yr loan in essence. Yes the required payment will be higher but I hate paying all the interest on a long term loan anyway. So looks like you got out of their scandle.

I assume this would essentially be a refinance, and have associated fees?

Hog's Gone Fishin 02-18-2021 03:40 PM

Quote:

Originally Posted by SupDock (Post 15556269)
I assume this would essentially be a refinance, and have associated fees?

My bank will do a loan modification with minimal fees . No appraisal needed. Basically just a little paperwork. They're so wonderful.

SupDock 02-18-2021 03:47 PM

Quote:

Originally Posted by Hog's Gone Fishin (Post 15556282)
My bank will do a loan modification with minimal fees . No appraisal needed. Basically just a little paperwork. They're so wonderful.

That is awesome.

Google indicates most lenders don't offer this without financial hardship for the borrower

Mr_Tomahawk 02-18-2021 04:06 PM

Who the **** sold their CCIV....Clay?

That was a piss-poor EOD. Still green, I suppose....

Hammock Parties 02-18-2021 04:13 PM

Quote:

Originally Posted by Mr_Tomahawk (Post 15556339)
Who the **** sold their CCIV....Clay?

That was a piss-poor EOD. Still green, I suppose....

Hell to the naw naw naw

lewdog 02-18-2021 04:26 PM

Quote:

Originally Posted by Hammock Parties (Post 15556353)
Hell to the naw naw naw

Given the money you've made, you should have an awesome down payment for a house. Are you shooting for 20% down? Houses in the Midwest are super cheap, which is nice.

Hammock Parties 02-18-2021 04:28 PM

Quote:

Originally Posted by lewdog (Post 15556373)
Given the money you've made, you should have an awesome down payment for a house. Are you shooting for 20% down? Houses in the Midwest are super cheap, which is nice.

25% and pre-approved already.

Ready to be terrified when something breaks.

lewdog 02-18-2021 04:35 PM

Quote:

Originally Posted by Hammock Parties (Post 15556378)
25% and pre-approved already.

Ready to be terrified when something breaks.

Good for you. Awesome start.

Home ownership is a financial bitch. Seems like something is always needing to be replaced and my house isn't even that old!

Pointer19 02-18-2021 04:57 PM

Quote:

Originally Posted by lewdog (Post 15556397)
Good for you. Awesome start.

Home ownership is a financial bitch. Seems like something is always needing to be replaced and my house isn't even that old!

I hate the idea of pissing money away on rent, but with the current housing prices and these kinds of things I can't deal with, I think I'll be a tenant for the foreseeable future. :banghead:

In58men 02-18-2021 04:58 PM

Quote:

Originally Posted by lewdog (Post 15556397)
Good for you. Awesome start.

Home ownership is a financial bitch. Seems like something is always needing to be replaced and my house isn't even that old!

The coil in my AC went out after 5 years lol.

We bought the house brand new.

In58men 02-18-2021 04:59 PM

Quote:

Originally Posted by Pointer19 (Post 15556427)
I hate the idea of pissing money away on rent, but with the current housing prices and these kinds of things I can't deal with, I think I'll be a tenant for the foreseeable future. :banghead:

Rent here in Cali is the same as a ****ing mortgage, it’s ridiculous.

It’s all about that interest rate though.

KCUnited 02-18-2021 05:03 PM

Buy home, sell for profits. Buy more expensive home, sell for bigger profits. Rinse, repeat until forever home. Too many people get attached to their piece of shit starter home.

Hammock Parties 02-18-2021 05:06 PM

Quote:

Originally Posted by KCUnited (Post 15556436)
Buy home, sell for profits. Buy more expensive home, sell for bigger profits. Rinse, repeat until forever home. Too many people get attached to their piece of shit starter home.

My grandparents mortgaged their home multiple times to live off the loans.

I wonder what their credit score was when they died.


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