Unpopular Opinions

ceh789

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:789cf3ad-ba26-43e7-9f9e-52cfcc02ff18">Re: Unpopular Opinions</a>:
[QUOTE]On the topic of crazy loans and stupid people, we got a flyer in the mail last week for one of those crazy "Loans for everyone, bad credit, no credit, we'll give you $5000 in your checking account tomorrow." I read the fine print out of curiosity. They give you $5k and you pay back $490/month for 84 months. That's 41,000 for a 5,000 loan, who in the fuuck would ever agree to that?
Posted by dmiller9274[/QUOTE]

<div>That's like payday loan interest rates - those make me so angry.  It makes me angrier that they made it illegal to make payday loans to military members.  So it's ok to prey on poor, stupid people just not poor, stupid people in the military?  That makes no sense.</div>

Blueyed228

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:151805dd-167a-4591-a7e6-0f4ff9cdab8b">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : *cough* Warren Buffet *cough* Mr. "I'd be willing to pay more in taxes"<strong><u> even though one of his companies is currently fighting owed back taxes.
</u></strong>Posted by Steph+J[/QUOTE]

A billion dollars worth.

cheeseandrice

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:19421cd9-d549-489c-950f-c92bab55544a">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : The woman on Property Virgins does that every single episode and it makes me crazy.  You're supposed to be helping  these people, not pushing them into more debt than they want to take on.
Posted by ceh789[/QUOTE]

I don't care what anyone says, Real Estate Agents ALWAYS work for the seller.

ErinG93

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:f2be570f-67df-47ce-8af9-7a4c1a989700">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : I don't care what anyone says, Real Estate Agents ALWAYS work for the seller.
Posted by Steph+J[/QUOTE]<div>
</div><div>TRUE. This is why I am beyond happy that my mom is our real estate agent. I don't know what I would do if she wasn't.

</div>

Nebb

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:789cf3ad-ba26-43e7-9f9e-52cfcc02ff18">Re: Unpopular Opinions</a>:
[QUOTE]On the topic of crazy loans and stupid people, we got a flyer in the mail last week for one of those crazy "Loans for everyone, bad credit, no credit, we'll give you $5000 in your checking account tomorrow." I read the fine print out of curiosity. They give you $5k and you pay back $490/month for 84 months. That's 41,000 for a 5,000 loan, who in the fuuck would ever agree to that?
Posted by dmiller9274[/QUOTE]


The thing about that that pisses me off is while I know enough to not do it, but someone desperate or not educated might do it and just end up in such a hole. Its not fair to make it so easy for people to end up in bad situations. I don't agree with how easy it is to get credit.

chelseamb11

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:e2095108-466b-4b28-99c3-0afc3faf7de0">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : Stick to your guns.  You will be so, so sorry if you buy something too expensive.  The mortgage payment is just a fraction of your total cost of home ownership.
Posted by ceh789[/QUOTE]

Oh I was planning on it :)  He's very picky so I know house buying will be an adventure

ceh789

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:f2be570f-67df-47ce-8af9-7a4c1a989700">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : I don't care what anyone says, Real Estate Agents ALWAYS work for the seller.
Posted by Steph+J[/QUOTE]

<div>I totally agree.  I really didn't like that the agents negotiate without you present.  Their only goal is to make a sale - how can I know that they're negotiating the things I asked them to?</div>

specialk84

Maybe I'm an asshole, but I don't have a tremendous amount of sympathy for people who are underwater on their mortgages and want the government to help them.

We currently owe more than the house is worth. Two years after H bought it, a major factory closed. It's a working class town, and everyone's home values plummeted.

Rather than whine about it, we're just planning on staying here an extra year or two to see if the market rebounds. We're also making extra payments, as well as contributing heavily to our savings account. We hope a short sale isn't necessary, but if we just really want to move, we'll be prepared financially.

chelseamb11

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:789cf3ad-ba26-43e7-9f9e-52cfcc02ff18">Re: Unpopular Opinions</a>:
[QUOTE]On the topic of crazy loans and stupid people, we got a flyer in the mail last week for one of those crazy "Loans for everyone, bad credit, no credit, we'll give you $5000 in your checking account tomorrow." I read the fine print out of curiosity. They give you $5k and you pay back $490/month for 84 months. That's 41,000 for a 5,000 loan, <strong>who in the fuuck would ever agree to that?</strong>
Posted by dmiller9274[/QUOTE]
 Someone who is desperate for 5 grand and is too stupid to read the small print or to worry about the long term?

dmiller9274

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:a29cdf40-754d-47e4-83aa-bc50d3c201fb">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : My BIL. He once was delinquent on a big-screen tv from Rent a Center. He was also behind on his DP&L bill, and they shut off his power. He still wouldn't return the tv, even though he had no electricity.
Posted by specialk84[/QUOTE]
Holy shiit! The people who live a couple houses down from us are alwasy getting their stuff picked back up from Rent-to-own places. that is such a rip off. 

Blueyed228

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:6d2ad49f-f8e5-4e26-80ac-04560f6ca661">Re: Unpopular Opinions</a>:
[QUOTE]<strong><u>Maybe I'm an asshole, but I don't have a tremendous amount of sympathy for people who are underwater on their mortgages</u></strong> and want the government to help them. We currently owe more than the house is worth. Two years after H bought it, a major factory closed. It's a working class town, and everyone's home values plummeted. Rather than whine about it, we're just planning on staying here an extra year or two to see if the market rebounds. We're also making extra payments, as well as contributing heavily to our savings account. We hope a short sale isn't necessary, but if we just really want to move, we'll be prepared financially.
Posted by specialk84[/QUOTE]

I agree.  Buying a house is a risk, not a guaranteed profit.

chelseamb11

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:c1ea5882-69fa-4d98-b22a-656e64e512c5">Re: Unpopular Opinions</a>:
[QUOTE]Chels, have you guys gone to any financial literacy classes? Ohio offers them as part of their Marriage Works program. From the stories you've shared about your FI, I think he might want to look into it.
Posted by specialk84[/QUOTE]

I don't know if they have them here or not, but that's a wonderful idea.  I will definitely look into them! 

specialk84

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:98759043-e900-486e-97d5-fccf7cbb5c56">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : Holy shiit! The people who live a couple houses down from us are alwasy getting their stuff picked back up from Rent-to-own places. that is such a rip off. 
Posted by dmiller9274[/QUOTE]

<div>He works at the Kroger in your town. You can marvel at his intelligence.</div><div>
</div><div>*not a dig at grocery store employees*</div>

ceh789

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:6d2ad49f-f8e5-4e26-80ac-04560f6ca661">Re: Unpopular Opinions</a>:
[QUOTE]Maybe I'm an asshole, but I don't have a tremendous amount of sympathy for people who are underwater on their mortgages and want the government to help them.
Posted by specialk84[/QUOTE]

<div>I don't think you're an asshole at all for thinking that.  What everyone forgets is that all those underwater mortgages make up someone else's asset portfolio.  If the government steps in and makes "banks" write down the debts - <em>people who own banks lose their money</em>.  I don't want my 401k to tank because some other dude got underwater on his house and didn't like it.  Too damn bad.  I'm underwater too and I don't want to <em>also</em> lose my retirement.</div>

cheeseandrice

yaga, same here. Our REA tried to tell us we couldn't ask for less than $2k below listing price (it was already priced pretty low, tbh.)  We said "ok, ask for $5k less."  No counter or anything. The seller accepted it on the spot.  We went through the same thing again after the inspection. Those were all red flags that our REA was a massive incompetent douche, but you live and learn.

chelseamb11

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:f2be570f-67df-47ce-8af9-7a4c1a989700">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : I don't care what anyone says, Real Estate Agents ALWAYS work for themselves.
Posted by Steph+J[/QUOTE]

FTFY

The more the seller makes on the house, the more the real estate agent can make.  correct me if I'm wrong, but real estate agents make no money off the people buying right (like you don't pay a fee to have an agent help you find a house)?

cardmonsta

Is anyone still talking about the Viagra vs. BC debate? 

ceh789

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:e36b19db-073f-462b-9467-18a03141516b">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : I don't know if they have them here or not, but that's a wonderful idea.  I will definitely look into them! 
Posted by chelseamb11[/QUOTE]

<div>FI and I are going to Dave Ramsey's Financial Peace University.  It's really been good for us - has made us sit down and talk about everything from how to budget our money to if we intend to pay for our kids college to what charities we want to support.  I really encourage you to check it out.</div>

alynne1113

Payday loans are sooo stupid!!

At work I was saying how I would love to buy a 4wd vehicle. We have a 2010 truck that my husband buys and we paid cash for when we bought it, and I have a 2005 that has no loan on it and is in great shape other than being a 2wd.

I was all...I can't wait until we save up for another 4wd drive vehicle (the vehicle was worth a ton of money so its really just a dream vehicle for us) and the ladies I work with were all, just take out a loan! Everyone has tons of debt, don't worry about saving up for anything thats what loans are for, one lady was saying how she encouraged her 18 year old son to get a 20k loan for a new vehicle last year  and how he furnished his rental with a brick card ect.
um...if parents are encouraging the buy now pay later things to their kids I really feel sorry for the kids because they have never been taught better.

cheeseandrice

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:592186fd-b6c0-47ba-89e9-41bba438ebfa">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : I agree.  Buying a house is a risk, not a guaranteed profit.
Posted by Blueyed228[/QUOTE]

nope. Buying a house is always an INVESTMENT.

dmiller9274

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:f0c1238b-af42-49a6-b354-e7eb569a1359">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : The thing about that that pisses me off is while I know enough to not do it, but someone desperate or not educated might do it and just end up in such a hole. Its not fair to make it so easy for people to end up in bad situations. I don't agree with how easy it is to get credit.
Posted by Nebb[/QUOTE]
I agree that it should be harder to get credit, but I just can't imagine thinking that paying back 800% is a good idea, for anyone. I wish I still had the flyer, I'd google to see if I can find them listed as a scam place or something along those lines. 

chelseamb11

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:6d2ad49f-f8e5-4e26-80ac-04560f6ca661">Re: Unpopular Opinions</a>:
[QUOTE]Maybe I'm an asshole, but I don't have a tremendous amount of sympathy for people who are underwater on their mortgages and want the government to help them. We currently owe more than the house is worth. Two years after H bought it, a major factory closed. It's a working class town, and everyone's home values plummeted. Rather than whine about it, we're just planning on staying here an extra year or two to see if the market rebounds. We're also making extra payments, as well as contributing heavily to our savings account. We hope a short sale isn't necessary, but if we just really want to move, we'll be prepared financially.
Posted by specialk84[/QUOTE]

Then I'm an asshole right along with you.  My dad is about to lose his house and I don't feel the least bit sorry for him, because he spends his money HORRIBLY.

K&J64

I'd say Realtors only work for themselves. They're only interested in closing the deal and getting their commission. I mean it's a business and they need to earn money so I can't say I'm surprised. Although our realtor was really great and very much on our side when we bought our house, but he's not typical.

Blueyed228

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:68dabfe0-775e-4cac-949e-1cde35c06c97">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : nope. Buying a house is always an INVESTMENT.
Posted by Steph+J[/QUOTE]

All investments are risky.

chelseamb11

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:a15c56a2-3d24-4b61-88d8-d708962ef21f">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : FI and I are going to Dave Ramsey's Financial Peace University.  It's really been good for us - has made us sit down and talk about everything from how to budget our money to if we intend to pay for our kids college to what charities we want to support.  I really encourage you to check it out.
Posted by ceh789[/QUOTE]

Is it an online thing?
I will defnitely look into it!

cheeseandrice

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:f4128934-2bb0-452f-8c70-57d8fbe5a9f8">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : FTFY The more the seller makes on the house, the more the real estate agent can make.  correct me if I'm wrong, but real estate agents make no money off the people buying right (like you don't pay a fee to have an agent help you find a house)?
Posted by chelseamb11[/QUOTE]

Typically, the seller pays both agents at a set % amount.

ETA: so the higher the purchase price, the better for the REA.

dmiller9274

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:83c0d843-1f66-4bb0-9237-17ddc1be86ac">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : He works at the Kroger in your town. You can marvel at his intelligence. *not a dig at grocery store employees*
Posted by specialk84[/QUOTE]
I'm stopping there on my way home in a little bit. I'll randomly start lecturing employees on being wise about lending and credit. 

Blueyed228

Chels- RE commissions are usually 3-6% of the sold price.  Its up to you in negotiations to determine who pays the closing cost.

ceh789

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:1e645dbb-a56c-40ac-8724-156d5b574504">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : Is it an online thing? I will defnitely look into it!
Posted by chelseamb11[/QUOTE]

<div><a href="http://www.daveramsey.com/fpu" rel="nofollow">http://www.daveramsey.com/fpu</a> </div><div>
</div><div>You can do it online or a weekly class for 13 weeks.  We're doing the weekly class to keep ourselves honest about going and getting it done.  I'm glad that we did though because there are 2 other couples in the class that we <em>really</em> like and I can see us staying friendly with.</div>

chelseamb11

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_unpopular-opinions-3?plckFindPostKey=Cat:Wedding%20BoardsForum:17Discussion:97522f99-1158-410c-a561-f6899b2fdb4bPost:a9f727a3-12ec-442b-81ac-489f99bf6c25">Re: Unpopular Opinions</a>:
[QUOTE]In Response to Re: Unpopular Opinions : <a href="http://www.daveramsey.com/fpu" rel="nofollow">http://www.daveramsey.com/fpu</a> You can do it online or a weekly class for 13 weeks.  We're doing the weekly class to keep ourselves honest about going and getting it done.  I'm glad that we did though because there are 2 other couples in the class that we really  like and I can see us staying friendly with.
Posted by ceh789[/QUOTE]

Awesome, thank you for the tip!