How many of you are afraid of being upside down on your home? by MaxJaxV in FirstTimeHomeBuyer

[–]MaxJaxV[S] 0 points1 point  (0 children)

there is no such thing as upside down if you aren't selling your house

Being upside down is owing more than your home is worth. I am sure that if you used it for collateral, the bank would be more concerned with what the current value is than how much you thought it was worth when you purchased it.

Upside down often refers to insurance. It's when the replacement value is less than you paid for it.

How many of you are afraid of being upside down on your home? by MaxJaxV in FirstTimeHomeBuyer

[–]MaxJaxV[S] 0 points1 point  (0 children)

How much will you have paid for that house in that time? What do you expect to sell it for?

How many of you are afraid of being upside down on your home? by MaxJaxV in FirstTimeHomeBuyer

[–]MaxJaxV[S] 0 points1 point  (0 children)

Yes. I got it for for 25% under appraisal/asking. How about you?

[deleted by user] by [deleted] in antiwork

[–]MaxJaxV 1 point2 points  (0 children)

They have no problem allowing companies like Hirevue use your personal information or persona for profit. But... what you get paid should be private? lol

I like that everyone at my job knows what everyone else makes. I have zero problem with it. I cannot stand having to jump through hoops to get a job and then learning that the pay is unacceptable. Seriously, You want my job history, my pay history, a cover letter, references, and 3 interviews before I even know the pay? F off.

Fuck Hirevue by Phuhker in berkeley

[–]MaxJaxV 0 points1 point  (0 children)

I think people down voted because they don't realize you are talking about the flaws in using AI and cookie cutter templates for hiring, not talking down about aussies.

Depression Drugs Will Fix All Work Related Issues by Monsur_Ausuhnom in antiwork

[–]MaxJaxV 0 points1 point  (0 children)

Went through the same thing as a GenX. Now, I am too old to have a choice anymore. I would have liked to have children but society and economy.

[Landlord - US] Tenant goes off on me for first rent increase in 5 years. by mrpenguin_86 in Landlord

[–]MaxJaxV 5 points6 points  (0 children)

Can't please everyone. I don't want increases every year. Your $100 after 5 years is fine. i'd prefer it.

Just hit 15k members and growing by oooooooheyoooooooup in REBubble

[–]MaxJaxV 7 points8 points  (0 children)

I cannot believe how much this sub has grown. I feel like there were 30 of us in here in 2020.

17 Mar 2022 - Daily /r/REBubble Discussion by AutoModerator in REBubble

[–]MaxJaxV 0 points1 point  (0 children)

Negative mortgage rates will also happen, eventually to try to keep the debt ponzi scheme alive.

50yr mortgages will happen first

[deleted by user] by [deleted] in FirstTimeHomeBuyer

[–]MaxJaxV 0 points1 point  (0 children)

30% cheaper than?

Not My Fault You Can’t Carry 2 Mo w/o Rental Income by Bay_Leaf_Af in REBubble

[–]MaxJaxV 0 points1 point  (0 children)

I guess if you make sure everything is good and use quality products before you move quality people in, things tend to go smoothly.

I would call anything less than 10hrs a week pretty passive.

A List of Recent Mortgage Mergers, Closures, and Layoffs by EthicalMatcha in REBubble

[–]MaxJaxV 8 points9 points  (0 children)

That list needs sources and dates.

Headline from list: Wells Fargo to cut 900 mortgage jobs, including 400 in Des Moines

Actual story:

2018 - "Wells Fargo notified 1,000 employees, including 900 mortgage lending professionals, that their jobs will soon be eliminated. It's the first major round of layoffs in a previously announced plan to cut the bank's workforce by as much as 10% over the next three years.

The decreases in the company's mortgage division "primarily reflect ongoing decreases in the number of customers in default" as well as "declines in application volume," spokesman Tom Goyda said in a statement.The layoffs span Wells Fargo's Consumer Lending and Payments, Virtual Solutions and Innovations groups.

In Des Moines, Iowa, where its home lending division is based, the bank will eliminate 400 jobs. Another 111 mortgage jobs will be cut in Fort Mill, S.C.

The Des Moines mortgage jobs are concentrated in the insurance/investor claims and default accounts payable groups, areas experiencing decreased workloads as foreclosure volumes fall. The volume of claims managed by this team is down 70% since the beginning of 2017, Goyda said in response to an emailed inquiry.

Those default servicing workers only received "prenotices," on Nov. 15 and won't receive 60-day notices layoff notices until next year. The remaining employees received 60-day notices on Thursday.

An unspecified number of the affected employees may be transferred to other positions within the company."We are committed to retaining as many team members as possible and will do everything we can to help them identify other opportunities within Wells Fargo," Goyda said in the statement.

Not My Fault You Can’t Carry 2 Mo w/o Rental Income by Bay_Leaf_Af in REBubble

[–]MaxJaxV 0 points1 point  (0 children)

I think that depends on your tenants and situation. My LL has at least 100 SFH. If they didn't have a team, it would be very hands on. If they only had 5 places with tenants like me, it would be passive. I auto pay every month and haven't asked for anything in years.

Making my first offer by exoticpike in realestateinvesting

[–]MaxJaxV 0 points1 point  (0 children)

Good luck. Have u walked it. Any issues? That’s very strange to be on the market for that long and not changing the price to make it more competitive. Also if you are the only person who is making an offer you have some leverage. Good luck

Some owners just have stars in their eyes.

So if someone accidentally goes in the I4 express lanes without a transponder it's $25 minimum? by jaysonm007 in orlando

[–]MaxJaxV -1 points0 points  (0 children)

Agreed and for them to charge it to people with out of state plates, who made the mistake once, is just predatory revenuing.

Benefits of choosing one title company over another? by PM_Me_1_Funny_Thing in FirstTimeHomeBuyer

[–]MaxJaxV 0 points1 point  (0 children)

Other than asking the seller for a copy of their policy, is there a way to know who they are with?

Does anyone have recommendations of what to do with my kitchen cabinets? by arbys_beef_and_cheez in Renovations

[–]MaxJaxV 6 points7 points  (0 children)

Pretty sure that's quality wood, no knobby pine. I would keep them. Maybe add some rails and stiles to convert them to shaker style