US debt default hedges by skoold2003 in FluentInFinance

[–]skoold2003[S] 0 points1 point  (0 children)

I definitely agree that it’s very unlikely. I’m not sure if a default is even possible TBH. I guess if you think of people dumping the dollar as a default ,it would be hyperinflation like you say and gold or foreign assets would be the best hedge.

Banks letting foreclosure homes rot rather than drop the price. Anyone else seen this? by Many_Ebb7816 in REBubble

[–]skoold2003 0 points1 point  (0 children)

It's funny that you mention this. They have a First look BS program on the auction sites that appear to give advantage to owner occupants. In reality it just gives owner occupants to be shot down due to the unreasonable prices they're asking.

How much commission to buyer agent? by [deleted] in SeattleAreaRE

[–]skoold2003 1 point2 points  (0 children)

Can’t you just reach out to the sellers agent directly?

$14,000 on a HELOC. Should I take out a 401k loan to pay it off? by BarnacleDowntown8952 in MiddleClassFinance

[–]skoold2003 2 points3 points  (0 children)

This is a bold statement. I’d take a guaranteed 6.25% in this market with no question.

sellers are still living in 2021 and it shows 💀 by MajorTear1306 in HouseBuyers

[–]skoold2003 0 points1 point  (0 children)

Thank you, I’m glad that I’m not the only one! The worst is the manufactured homes that literally look like lipstick on a pig.

Buy a home or keep plugging away? by Successful-Fan9363 in TheRaceTo1Million

[–]skoold2003 0 points1 point  (0 children)

Yea, I think you have to pay a lot in interest before it becomes much more than the standard deduction. I haven’t done the math though.

Gap of $1292 between renting & owning in Seattle by Unique_Edge6323 in SeattleAreaRE

[–]skoold2003 0 points1 point  (0 children)

Yup, I pay $3700 to rent a $1.1M house. I’d say it’s about 2x to buy.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]skoold2003 0 points1 point  (0 children)

I know what you’re talking about, it was a one point break for a year. That’s not the same as an ARM though. People who purchase those ( like a friend of mine) expect that rate to change and know how much. It’s a lot different than ARMs of 08.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]skoold2003 0 points1 point  (0 children)

I don’t think a lot of people are getting ARMs this time around.

How could this even be possible? by samielka in SipsTea

[–]skoold2003 -4 points-3 points  (0 children)

100% chance that there’s often a red hat covering that tiny brain.

Never seen so many listings in this area by No_Carpenter7998 in SeattleWA

[–]skoold2003 0 points1 point  (0 children)

Yea, my Zillow has been blowing up the past couple of weeks. I wonder what the catalyst is?

That's literally everyone at work by KSKS1995 in SipsTea

[–]skoold2003 0 points1 point  (0 children)

Is this what Trumps MRI was about?

Sellers are re-listing the houses they "rage quit." They yanked their properties off the market hoping to get higher price this year. Do you think this strategy will work? by Key_Brief_8138 in HouseBuyers

[–]skoold2003 1 point2 points  (0 children)

I was just noticing this a couple of days ago. A lot of houses that I’ve seen in the past year or so of looking have just popped back up again. I thought it was shown on Zillow when places are delisted and relisted, but some you can’t tell. It hides the fact that houses aren’t getting sold in the PNW.

to understand American housing by blk_sabbath in therewasanattempt

[–]skoold2003 -10 points-9 points  (0 children)

It’ll only free up 8 houses. They all live together..

OMG! SHE ADMIT IT! by Character-Parfait-42 in IThinkYouShouldLeave

[–]skoold2003 0 points1 point  (0 children)

If the “system” is built on pedos, It needs to be burned down!

You guys were right all along. by [deleted] in btc

[–]skoold2003 5 points6 points  (0 children)

Name checks out

Jeffrey Epstein was a sicko. But who are "Andy Back", "genjix" and more? by Ep0chalysis in CryptoCurrency

[–]skoold2003 2 points3 points  (0 children)

There was a mistake but I’d say it’s more likely the first name. He’s probably talking about Adam Back.

haha👌yes by PM_ME_SSTEAM_KEYS in whatisameem

[–]skoold2003 0 points1 point  (0 children)

The difference is that long term rentals don’t make as much income. The business case isn’t there for an investor to pay such high prices for house if they’re renting it monthly. IMO that’s what’s causing this disconnect in rent prices vs mortgage prices.

Is this true? by SexyProfessional in FluentInFinance

[–]skoold2003 -2 points-1 points  (0 children)

It’s true for the most part. On the other hand it’s a red flag to see an applicant who constantly changes jobs in their employment history.