13348 Shadetree Ct

[Coronita]

[quote=jpinpb][quote=flu]Dude what is the fascination of what people do for a living? So the $200k loss on the home for the chiro… What’s that, 6 months of salary? :)[/quote]

Attention Piggs: flu now available to work for free for 6 months, not a problem ;)[/quote]

Hey, how did you know I started working in a government job? Oh wait… I got that backwards…that would be the complete opposite in which I do no work in 6 months and still collect a $200k pension 🙂

Just kidding….Sort of…..

[bearishgurl]

[quote=ocrenter] . . . of course, a third of it should be tax deductible. so probably just around $270k in real losses.[/quote]

ocrenter, you are forgetting that if it was the seller’s principal residence, he had to LIVE somewhere for 3+ yrs. What would the going “rental rate” be for this property??

[bearishgurl]

[quote=ocrenter] . . . of course, a third of it should be tax deductible. so probably just around $270k in real losses.[/quote]

ocrenter, you are forgetting that if it was the seller’s principal residence, he had to LIVE somewhere for 3+ yrs. What would the going “rental rate” be for this property??

[bearishgurl]

[quote=ocrenter] . . . of course, a third of it should be tax deductible. so probably just around $270k in real losses.[/quote]

ocrenter, you are forgetting that if it was the seller’s principal residence, he had to LIVE somewhere for 3+ yrs. What would the going “rental rate” be for this property??

[bearishgurl]

[quote=ocrenter] . . . of course, a third of it should be tax deductible. so probably just around $270k in real losses.[/quote]

ocrenter, you are forgetting that if it was the seller’s principal residence, he had to LIVE somewhere for 3+ yrs. What would the going “rental rate” be for this property??

[bearishgurl]

[quote=ocrenter] . . . of course, a third of it should be tax deductible. so probably just around $270k in real losses.[/quote]

ocrenter, you are forgetting that if it was the seller’s principal residence, he had to LIVE somewhere for 3+ yrs. What would the going “rental rate” be for this property??

[bearishgurl]

[quote=ocrenter] . . . If this guy is young, he likely invested all of his savings. And will not be able to afford a house for some time to come. We are talking a life changing experience here. This is a huge game changer for him.

This is why this example is so important for all of us here. As a lot of Piggs can probably relate to this guy. Because frankly he is one of us, but somebody gave him the wrong advice and he wasn’t fortunate enough to stumble on this website and others like it.[/quote]

ocrenter, how do we know if, since his 1st TD holder sold only a little short (as per sdr’s records) that this seller didn’t make up this small shortfall to save his credit? He may still have unblemished credit and will be able to purchase again as soon as he can, as long as his 2nd TD holder agreed to sign off and will not later pursue him.

I agree that for a professional businessperson, it is sometimes better to do what it takes to save your credit. They can always get $$ again (esp if young) but it is difficult if not impossible to restore bad credit within 7-10 years. That is a long time, particularly to a young professional that may need a house in the coming years.

[bearishgurl]

[quote=ocrenter] . . . If this guy is young, he likely invested all of his savings. And will not be able to afford a house for some time to come. We are talking a life changing experience here. This is a huge game changer for him.

This is why this example is so important for all of us here. As a lot of Piggs can probably relate to this guy. Because frankly he is one of us, but somebody gave him the wrong advice and he wasn’t fortunate enough to stumble on this website and others like it.[/quote]

ocrenter, how do we know if, since his 1st TD holder sold only a little short (as per sdr’s records) that this seller didn’t make up this small shortfall to save his credit? He may still have unblemished credit and will be able to purchase again as soon as he can, as long as his 2nd TD holder agreed to sign off and will not later pursue him.

I agree that for a professional businessperson, it is sometimes better to do what it takes to save your credit. They can always get $$ again (esp if young) but it is difficult if not impossible to restore bad credit within 7-10 years. That is a long time, particularly to a young professional that may need a house in the coming years.

[bearishgurl]

[quote=ocrenter] . . . If this guy is young, he likely invested all of his savings. And will not be able to afford a house for some time to come. We are talking a life changing experience here. This is a huge game changer for him.

This is why this example is so important for all of us here. As a lot of Piggs can probably relate to this guy. Because frankly he is one of us, but somebody gave him the wrong advice and he wasn’t fortunate enough to stumble on this website and others like it.[/quote]

ocrenter, how do we know if, since his 1st TD holder sold only a little short (as per sdr’s records) that this seller didn’t make up this small shortfall to save his credit? He may still have unblemished credit and will be able to purchase again as soon as he can, as long as his 2nd TD holder agreed to sign off and will not later pursue him.

I agree that for a professional businessperson, it is sometimes better to do what it takes to save your credit. They can always get $$ again (esp if young) but it is difficult if not impossible to restore bad credit within 7-10 years. That is a long time, particularly to a young professional that may need a house in the coming years.

[bearishgurl]

[quote=ocrenter] . . . If this guy is young, he likely invested all of his savings. And will not be able to afford a house for some time to come. We are talking a life changing experience here. This is a huge game changer for him.

This is why this example is so important for all of us here. As a lot of Piggs can probably relate to this guy. Because frankly he is one of us, but somebody gave him the wrong advice and he wasn’t fortunate enough to stumble on this website and others like it.[/quote]

ocrenter, how do we know if, since his 1st TD holder sold only a little short (as per sdr’s records) that this seller didn’t make up this small shortfall to save his credit? He may still have unblemished credit and will be able to purchase again as soon as he can, as long as his 2nd TD holder agreed to sign off and will not later pursue him.

I agree that for a professional businessperson, it is sometimes better to do what it takes to save your credit. They can always get $$ again (esp if young) but it is difficult if not impossible to restore bad credit within 7-10 years. That is a long time, particularly to a young professional that may need a house in the coming years.

[bearishgurl]

[quote=ocrenter] . . . If this guy is young, he likely invested all of his savings. And will not be able to afford a house for some time to come. We are talking a life changing experience here. This is a huge game changer for him.

This is why this example is so important for all of us here. As a lot of Piggs can probably relate to this guy. Because frankly he is one of us, but somebody gave him the wrong advice and he wasn’t fortunate enough to stumble on this website and others like it.[/quote]

ocrenter, how do we know if, since his 1st TD holder sold only a little short (as per sdr’s records) that this seller didn’t make up this small shortfall to save his credit? He may still have unblemished credit and will be able to purchase again as soon as he can, as long as his 2nd TD holder agreed to sign off and will not later pursue him.

I agree that for a professional businessperson, it is sometimes better to do what it takes to save your credit. They can always get $$ again (esp if young) but it is difficult if not impossible to restore bad credit within 7-10 years. That is a long time, particularly to a young professional that may need a house in the coming years.

[briansd1]

[quote=flu] But I don’t know, I just get how this guy being a chiropractor has anything to do with how he lost $200k, or the point of posting his private practice. It’s not like this person is a media ho looking for attention, like say the octomom or the earls who blatantly don’t think it’s there fault to foreclosure. Anyway, whatever.[/quote]

Isn’t that what community and family values are all about?

Back in earlier, conservative and wholesome small town America, people knew and talked about their neighbors and everyone in town. If the town doctor had a mistress, or gambling debts, everyone would talk about it. Social norms would keep people from getting too much out of line because the “good” people would refudiate the “bad” folks.

The Internet is the community of the modern world. It you don’t want people talking about you, keep quiet, and don’t use the Net for commercial purposes.

[briansd1]

[quote=flu] But I don’t know, I just get how this guy being a chiropractor has anything to do with how he lost $200k, or the point of posting his private practice. It’s not like this person is a media ho looking for attention, like say the octomom or the earls who blatantly don’t think it’s there fault to foreclosure. Anyway, whatever.[/quote]

Isn’t that what community and family values are all about?

Back in earlier, conservative and wholesome small town America, people knew and talked about their neighbors and everyone in town. If the town doctor had a mistress, or gambling debts, everyone would talk about it. Social norms would keep people from getting too much out of line because the “good” people would refudiate the “bad” folks.

The Internet is the community of the modern world. It you don’t want people talking about you, keep quiet, and don’t use the Net for commercial purposes.

[briansd1]

[quote=flu] But I don’t know, I just get how this guy being a chiropractor has anything to do with how he lost $200k, or the point of posting his private practice. It’s not like this person is a media ho looking for attention, like say the octomom or the earls who blatantly don’t think it’s there fault to foreclosure. Anyway, whatever.[/quote]

Isn’t that what community and family values are all about?

Back in earlier, conservative and wholesome small town America, people knew and talked about their neighbors and everyone in town. If the town doctor had a mistress, or gambling debts, everyone would talk about it. Social norms would keep people from getting too much out of line because the “good” people would refudiate the “bad” folks.

The Internet is the community of the modern world. It you don’t want people talking about you, keep quiet, and don’t use the Net for commercial purposes.

[briansd1]

[quote=flu] But I don’t know, I just get how this guy being a chiropractor has anything to do with how he lost $200k, or the point of posting his private practice. It’s not like this person is a media ho looking for attention, like say the octomom or the earls who blatantly don’t think it’s there fault to foreclosure. Anyway, whatever.[/quote]

Isn’t that what community and family values are all about?

Back in earlier, conservative and wholesome small town America, people knew and talked about their neighbors and everyone in town. If the town doctor had a mistress, or gambling debts, everyone would talk about it. Social norms would keep people from getting too much out of line because the “good” people would refudiate the “bad” folks.

The Internet is the community of the modern world. It you don’t want people talking about you, keep quiet, and don’t use the Net for commercial purposes.

[Author]

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