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04-20-2009, 09:21 AM
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Senior Member
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Join Date: May 2008
Location: VA
226 posts, read 153,854 times
Reputation: 63
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Quote:
Originally Posted by HEATHER72
I keep meaning to post this to make you all laugh... I can top the poster who said their hubby cleaned the tub with the toilet brush. Mine had the audacity to bring an electric leaf blower into the house to blow furballs out from behind the furniture which in turn led to dust all over EVERYTHING. He thought he was a genius.  |
LOL... don't these kind of things make our husbands more endearing to us, besides giving us a reason to make fun of them occasionally  |
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04-20-2009, 09:45 AM
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Senior Member
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Join Date: May 2008
Location: VA
226 posts, read 153,854 times
Reputation: 63
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Okay, so I just went through the thread and read posts about the Coughlins selling a Townhome and buying an SFH and losing equity, etc.
Lets say they made a 20% down payment on the SFH (from the nice profit they got on the Townhome sale) and got a 30 yrs. fixed financing and are planning to stay in that home long-term and they still have their jobs, so they're still, of course paying their mortgage... and cutting a little down on their daily expenses. I see no problems with this picture... Lets chill people  |
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04-20-2009, 10:46 AM
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Senior Member
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Join Date: Jan 2007
1,135 posts, read 385,993 times
Reputation: 321
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Quote:
Originally Posted by Samara11
Okay, so I just went through the thread and read posts about the Coughlins selling a Townhome and buying an SFH and losing equity, etc.
Lets say they made a 20% down payment on the SFH (from the nice profit they got on the Townhome sale) and got a 30 yrs. fixed financing and are planning to stay in that home long-term and they still have their jobs, so they're still, of course paying their mortgage... and cutting a little down on their daily expenses. I see no problems with this picture... Lets chill people |
Yeah, I totally agree with you. The reaction really got way out of hand. |
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04-20-2009, 11:59 AM
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Senior Member
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Join Date: Jul 2008
243 posts, read 130,167 times
Reputation: 95
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Quote:
Originally Posted by FromVAtoNC
Yeah, I totally agree with you. The reaction really got way out of hand.
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Agreed. |
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04-20-2009, 12:06 PM
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Senior Member
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Join Date: Feb 2009
482 posts, read 277,577 times
Reputation: 65
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Quote:
Originally Posted by FromVAtoNC
Yeah, I totally agree with you. The reaction really got way out of hand.
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Yes, but we had to find out about the TH ourselves. I think the true story is something we can relate to. A couple makes a nice profit, during a boom, and goes out on a limb to buy an SFH. Prices go down, and they lose all of their equity. I saw it happen many times in the 80's. When prices crashed in 1991, they had lost everything, but the survivors were very well positioned for the next boom. Same deal with the car payments (another replay of the past). People are having trouble with the mortgage--look out at the driveway.
I don't think anyone wanted to hear about the 8 yo and the manicures...
That was kind of sickening.
Had the Post given us the real facts from the beginning; the comments would have been more positive.
Last edited by nwlv; 04-20-2009 at 01:10 PM..
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04-20-2009, 12:15 PM
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Senior Member
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Join Date: Jan 2007
1,135 posts, read 385,993 times
Reputation: 321
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Quote:
Originally Posted by nwlv
Yes, but we had to find out about the TH ourselves.
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Why? Why was this your concern? What did that couple do to you? |
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04-20-2009, 12:19 PM
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City Boy in The 'Burbs
Status:
"Bracing for the weekend's blizzard!"
(set 3 hours ago)
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Join Date: Jul 2006
Location: Reston, VA ---> Pittsburgh, PA (Hopefully in 2010)
17,015 posts, read 15,446,901 times
Reputation: 5337
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Quote:
Originally Posted by FromVAtoNC
Why? Why was this your concern? What did that couple do to you?
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Combative much?  |
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04-20-2009, 12:23 PM
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Member
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Join Date: Jul 2007
Location: Madisonville, LA
46 posts, read 58,103 times
Reputation: 22
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I'm still trying to make the connection between a loss of equity and the need to reduce expenses. Equity is like a savings account; one doesn't live off of it.
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04-20-2009, 12:38 PM
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Senior Member
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Join Date: Apr 2008
1,059 posts, read 495,759 times
Reputation: 310
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Quote:
Originally Posted by FromVAtoNC
Why? Why was this your concern? What did that couple do to you?
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Well, they irritated me with all the "cutting back" they were doing. Frozen prawns instead of fresh, getting manicures only instead of manicures and pedicures, buying less designer clothes, the zoo comments....Give me a break.
Their version of reality and the article seemed a little bit "out there". I can see why some folks decided to do a little fact checking. |
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04-20-2009, 01:01 PM
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Senior Member
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Join Date: Feb 2009
482 posts, read 277,577 times
Reputation: 65
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Quote:
Originally Posted by FromVAtoNC
Why? Why was this your concern? What did that couple do to you?
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It's kind of like Barrack's mosque attendance; I was curious. |
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