Forum Replies Created
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ucodegen
Participant@Raybyrnes
I also think people are fooling themselves if they think interest rates are going to stay this low forever so loan notes and cash flow will impact overall long term costs.This is what this ‘renter’ is betting on. As interest rates rise, the prices that equivalent houses sell for will drop. Most people only look at the monthly payments for what they can buy and what they perceive it is worth. Since I am sitting on a whole pile of cash (could buy right now for cash, but won’t) I want to get the best return on my cash. You can view the return on invested down payment as being equivalent to the mortgage rate (because that is the rate and cost is offsets).
ucodegen
Participant@Raybyrnes
I also think people are fooling themselves if they think interest rates are going to stay this low forever so loan notes and cash flow will impact overall long term costs.This is what this ‘renter’ is betting on. As interest rates rise, the prices that equivalent houses sell for will drop. Most people only look at the monthly payments for what they can buy and what they perceive it is worth. Since I am sitting on a whole pile of cash (could buy right now for cash, but won’t) I want to get the best return on my cash. You can view the return on invested down payment as being equivalent to the mortgage rate (because that is the rate and cost is offsets).
ucodegen
Participant@RatherOpinionated
No buyers at $749,000, it’s back to $429,000.Looks like they are trying to make it look like a ‘short sale’ or must sell property and that they are giving you a bottom price. (after all, they have lowered the price from $749,000 to $429,000.. please ignore the previous price sheet on the floor showing the increase from $429,000 to $749,000).
@little lady
DRUGS!Where where where!! I need some!! ;-P
I want a new drug
One that wont make me sick
One that wont make me crash my car
Or make me feel three feet thick
— Hewy Lewis And The News..
ucodegen
Participant@RatherOpinionated
No buyers at $749,000, it’s back to $429,000.Looks like they are trying to make it look like a ‘short sale’ or must sell property and that they are giving you a bottom price. (after all, they have lowered the price from $749,000 to $429,000.. please ignore the previous price sheet on the floor showing the increase from $429,000 to $749,000).
@little lady
DRUGS!Where where where!! I need some!! ;-P
I want a new drug
One that wont make me sick
One that wont make me crash my car
Or make me feel three feet thick
— Hewy Lewis And The News..
ucodegen
Participant@RatherOpinionated
No buyers at $749,000, it’s back to $429,000.Looks like they are trying to make it look like a ‘short sale’ or must sell property and that they are giving you a bottom price. (after all, they have lowered the price from $749,000 to $429,000.. please ignore the previous price sheet on the floor showing the increase from $429,000 to $749,000).
@little lady
DRUGS!Where where where!! I need some!! ;-P
I want a new drug
One that wont make me sick
One that wont make me crash my car
Or make me feel three feet thick
— Hewy Lewis And The News..
ucodegen
Participant@RatherOpinionated
No buyers at $749,000, it’s back to $429,000.Looks like they are trying to make it look like a ‘short sale’ or must sell property and that they are giving you a bottom price. (after all, they have lowered the price from $749,000 to $429,000.. please ignore the previous price sheet on the floor showing the increase from $429,000 to $749,000).
@little lady
DRUGS!Where where where!! I need some!! ;-P
I want a new drug
One that wont make me sick
One that wont make me crash my car
Or make me feel three feet thick
— Hewy Lewis And The News..
ucodegen
Participant@RatherOpinionated
No buyers at $749,000, it’s back to $429,000.Looks like they are trying to make it look like a ‘short sale’ or must sell property and that they are giving you a bottom price. (after all, they have lowered the price from $749,000 to $429,000.. please ignore the previous price sheet on the floor showing the increase from $429,000 to $749,000).
@little lady
DRUGS!Where where where!! I need some!! ;-P
I want a new drug
One that wont make me sick
One that wont make me crash my car
Or make me feel three feet thick
— Hewy Lewis And The News..
ucodegen
ParticipantMy understanding is that it works the other way around…
From the side of the corporate owner:
Your house and car will be in the name of the corporation, but the corporation will be considered your asset. If someone sues you, they can go after your assets… including your ownership of the corporation.From the side of the corporation:
If you are doing business under a corporation and someone sues the corporation.. they can go after the corporation’s assets, but not yours.A corporation is considered a legal ‘entity’. What you may be looking for, for the protection of property etc, may be a trust.
ucodegen
ParticipantMy understanding is that it works the other way around…
From the side of the corporate owner:
Your house and car will be in the name of the corporation, but the corporation will be considered your asset. If someone sues you, they can go after your assets… including your ownership of the corporation.From the side of the corporation:
If you are doing business under a corporation and someone sues the corporation.. they can go after the corporation’s assets, but not yours.A corporation is considered a legal ‘entity’. What you may be looking for, for the protection of property etc, may be a trust.
ucodegen
ParticipantMy understanding is that it works the other way around…
From the side of the corporate owner:
Your house and car will be in the name of the corporation, but the corporation will be considered your asset. If someone sues you, they can go after your assets… including your ownership of the corporation.From the side of the corporation:
If you are doing business under a corporation and someone sues the corporation.. they can go after the corporation’s assets, but not yours.A corporation is considered a legal ‘entity’. What you may be looking for, for the protection of property etc, may be a trust.
ucodegen
ParticipantMy understanding is that it works the other way around…
From the side of the corporate owner:
Your house and car will be in the name of the corporation, but the corporation will be considered your asset. If someone sues you, they can go after your assets… including your ownership of the corporation.From the side of the corporation:
If you are doing business under a corporation and someone sues the corporation.. they can go after the corporation’s assets, but not yours.A corporation is considered a legal ‘entity’. What you may be looking for, for the protection of property etc, may be a trust.
ucodegen
ParticipantMy understanding is that it works the other way around…
From the side of the corporate owner:
Your house and car will be in the name of the corporation, but the corporation will be considered your asset. If someone sues you, they can go after your assets… including your ownership of the corporation.From the side of the corporation:
If you are doing business under a corporation and someone sues the corporation.. they can go after the corporation’s assets, but not yours.A corporation is considered a legal ‘entity’. What you may be looking for, for the protection of property etc, may be a trust.
ucodegen
ParticipantWrought iron door is to a wine room, which is all the rage at the moment. We’re big wine ppl so it appeals to us, but I would imagine in another decade it will be laughed at as the disco ball of the current decade.
So what is with the second screen door? How do you plan to keep that room at the proper temp for a wine room? Strange location for a ‘wine room’..
Agree about the tile – must have been a do-it-yourselfer!
Or cheap Mexican labor by the general contractor. Though I also have to add that I have seen some so-called professionals do the same thing. I guess I have just been spoiled on that by a good Tileman that was able to take a shipment of blue tile whose shade varied from pale blue to deep blue.. and made it work around a black free standing fireplace.
ucodegen
ParticipantWrought iron door is to a wine room, which is all the rage at the moment. We’re big wine ppl so it appeals to us, but I would imagine in another decade it will be laughed at as the disco ball of the current decade.
So what is with the second screen door? How do you plan to keep that room at the proper temp for a wine room? Strange location for a ‘wine room’..
Agree about the tile – must have been a do-it-yourselfer!
Or cheap Mexican labor by the general contractor. Though I also have to add that I have seen some so-called professionals do the same thing. I guess I have just been spoiled on that by a good Tileman that was able to take a shipment of blue tile whose shade varied from pale blue to deep blue.. and made it work around a black free standing fireplace.
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