Community Thread LXI: The President We Deserve

[Wavy Q]

it appears i posted a basketball comment on accident here so i will edit this to hide my shame

[hermes]

When are we gonna have a new thread with a new title? I hate this title.. people from other forum come here and think we all voted for that guy.

you'll have to post some more to move the thread along

[Kilroy]

When are we gonna have a new thread with a new title? I hate this title.. people from other forum come here and think we all voted for that guy.

you'll have to post some more to move the thread along

And in the honor of Halloween...

[danfantastk32]

When are we gonna have a new thread with a new title? I hate this title.. people from other forum come here and think we all voted for that guy.

you'll have to post some more to move the thread along

Funny....I always took the title in the opposite direction. Usually when someone says you "got what you deserved", it kind of denotes something not so great. Typically it's followed with "I hope you learn something from this, young man".

That's what I thought. In fact the first time I opened the page, I expected a giant political food-fight. Maybe next week eh? About the only thing I wanna say politically, is I can't wait for the 7th....when the commercials end. Give me back my Arfollian&Arfollian commercials with the unbearable "Enya" music. Let's get back to our good ol' 4th meal commercials.

Tell me what I need...not what to think!!!

[hermes]

i think you need to not think about it so much

[Sofa King]

OK I will post more

[tugs]

I miss herm's post pads then Jetset or Gek comes in with a combo breakr gif

Then followed by a Lala tired post

Next would be a Riot Imma rant

And then a Ty smooth operator follow up

[Wavy Q]

the glory days

[Sofa King]

As long as hermes keeps posting its still the golden age

[hermes]

I miss herm's post pads then Jetset or Gek comes in with a combo breakr gif

Then followed by a Lala tired post

Next would be a Riot Imma rant

And then a Ty smooth operator follow up

haha, that's right

lala slept like 20 hours a day and it wasn't enough

[hermes]

the glory days

Watch on YouTube

[hermes]

As long as hermes keeps posting its still the golden age

[tugs]

I wonder how they are doing right now...

Oh I forgot. Gek's O face selfies before selfie-ing became a thing.

[tugs]

Adulting thoughts 101:

So we bought a house and lot and currently paying for the 14-month downpayment. After that, we'll be applying for a housing loan from a bank and pay a monthly amortization for the next 20 years. Amount loaned will be dependent on the remaining balance from the downpayment.

Question: Is it smart to apply for a housing loan from a cooperative and pay that amount for the last downpayment so that we'll be paying less amortization to the loan from the bank for the next 20 years? Or will I be paying more in the long run?

[Sofa King]

Adulting thoughts 101:

So we bought a house and lot and currently paying for the 14-month downpayment. After that, we'll be applying for a housing loan from a bank and pay a monthly amortization for the next 20 years. Amount loaned will be dependent on the remaining balance from the downpayment.

Question: Is it smart to apply for a housing loan from a cooperative and pay that amount for the last downpayment so that we'll be paying less amortization to the loan from the bank for the next 20 years? Or will I be paying more in the long run?

You got any other adulting thoughts?

[Sofa King]

Its been over 10 years since I'm familiar with mortgages especially in California. So I'm not sure if my opinion will help.

If you're credit is good and you qualify for a fixed rate and your monthly amortization payments are affordable to your monthly income for the next 20 years, then I don't see any issues.
If you are looking for an adjustable rate and think its better because it's lower that will largely depend how you will see the market in the next 20 years.

Either case, its always a good idea to pay as much on up front so you won't continue to keep paying interest on money borrowed.

If it's a big house, rent out one of the rooms and the living room to all the Chinese and mexican immigrants flooding the market to pay off the mortgage. Building a pot farm in the basement is another option as marijuana dispensaries are in demand.

[tugs]

Its been over 10 years since I'm familiar with mortgages especially in California. So I'm not sure if my opinion will help.

If you're credit is good and you qualify for a fixed rate and your monthly amortization payments are affordable to your monthly income for the next 20 years, then I don't see any issues.
If you are looking for an adjustable rate and think its better because it's lower that will largely depend how you will see the market in the next 20 years.

Either case, its always a good idea to pay as much on up front so you won't continue to keep paying interest on money borrowed.

If it's a big house, rent out one of the rooms and the living room to all the Chinese and mexican immigrants flooding the market to pay off the mortgage. Building a pot farm in the basement is another option as marijuana dispensaries are in demand.

Classic SK ending

Yeah thinking of the same thing. Will the

- annual interest I'll pay from the loan for the last downpayment plus the lesser monthly amortization

be better than the

-monthly amortization plus its interest

[tugs]

Consulted an economist and his simple answer was, "Trying to pay without borrowing is always the best option."

[Sofa King]

Go with the most affordable, cheaper option.

If that doesn't work do whatever hermes says.

[tugs]

Yeah I need to do some research and calculations.

Aaaanddd Mr. herms' advise.