Random Fail: First World Problems

[Boyiee]

and jordans.

[zoobernut]

My fail right now is that I am not much of a cat person. I tolerate them and will pet them but I would rather not have cats. Above all else though I HATE dealing with cat litter. Of course my wife loves cats so we compromised and have two cats. Well since my wife is pregnant I am in charge of the cat littler now. We have this super old cat that we have had since before we even got married (I think we have had her like 10 years now maybe longer) well this cat has gotten super picky about the litter box so now I have to scoop her damn box every single day or she refuses to use it and goes on the floor next to the box or on the dog bed or in the corner behind our 4 year old sons bed. Such a pain in the ass.

It isn't that big of a deal just venting.

[Ksandra]

I think. And I'm not 100% on any of this. The wife has about 28k saved up. We have enough for 5% down payment with all the closing cost and shit. And I believe it's a fixed rate at 4.9%. Again. I'm not 100%.

The numbers we were quoted were at 230 was 950 a month, 240 was 1300~ and 250 was like 1500 a month.

I can't even remotely figure how these differences could be possibly true. Either a. he's lying his ass off or b. you didn't understand what he said.

[tyven]

me and my wife just got new life insurance policies and at first we were like yeah lets go big so we can both live the life when the other dies but then we realized we'd probably just spend the money on hookers and blow and I don't want my death to pay for her to fuck other dudes and buy them steaks.

Yea the key is to do term and time it until your mortgage would be up for that value + a bit. That's a super manageable monthly payment. Then take out a whole life insurance on your kid since it's cheap as fuck and cash it out when they are 18 to pay their tuition. Boom life insurance on a budget.

[Myrrh_Quetz]

I probably didn't understand what he said. As I've been saying. I know nothing about any of this. I'm solely going by what people have told me to do. And everyone outside of this forum, when I've bitched about the pricing thing has absolutely told me that we are doing it the correct way. If it is a dick move and people are just fucking with me then I will try not to do that in the future.

Again. I know nothing about any of this.

And for the life insurance thing. No life insurance company would ever give a ticking time bomb like myself any sort of coverage.

[Ksandra]

Then take out a whole life insurance on your kid since it's cheap as fuck and cash it out when they are 18 to pay their tuition.

Tell me more about this. How much is the penalty?

[Ksandra]

I probably didn't understand what he said. As I've been saying. I know nothing about any of this. I'm solely going by what people have told me to do. And everyone outside of this forum, when I've bitched about the pricing thing has absolutely told me that we are doing it the correct way. If it is a dick move and people are just fucking with me then I will try not to do that in the future.

Again. I know nothing about any of this.

You are buying something that is hundreds of thousands of dollars. Stop saying you don't know anything, and start learning. This is YOUR home you're purchasing.

[Boyiee]

I probably didn't understand what he said. As I've been saying. I know nothing about any of this. I'm solely going by what people have told me to do. And everyone outside of this forum, when I've bitched about the pricing thing has absolutely told me that we are doing it the correct way. If it is a dick move and people are just fucking with me then I will try not to do that in the future.

Again. I know nothing about any of this.

And for the life insurance thing. No life insurance company would ever give a ticking time bomb like myself any sort of coverage.

See the trick is to lie.

Term is easy as fuck to get. Do you have medical history, nah. How about your parents? Nah. Nurse comes out and does bloodwork and vitals and as long as you're not sitting there on a fucking vent she ain't gonna catch shit. Except for you your pulse ox is prob a bit low but so what you don't get the elite coverage for 30$ a month you gotta get the shittier one for 40$ a month boom enjoy that 500k 30 year policy die whenever you want before then she'll be happy you did.

[Myrrh_Quetz]

That's a fair point. And you're right. I should be learning and taking this more seriously. I know I'm in the wrong for that. I'll get the exact numbers on everything and figure this out properly.

[Ksandra]

That's a fair point. And you're right. I should be learning and taking this more seriously. I know I'm in the wrong for that. I'll get the exact numbers on everything and figure this out properly.

I seriously would. It does not seem you liked this particular home, so it works out because both of you should like it. But if this was a home you both liked and really wanted and walked out over $10 a month, that would be insane. So get more prepared for the next time you make an offer.

[tyven]

Tell me more about this. How much is the penalty?

No penalty, you are cashing out the inside buildup of your premium. It nullifies the the insurance contract tho so there's no death benefit if something happens to your kid after you've cashed it out.

There are better investment vehicles but none of them pay out a ton of money if your child gets decapitated on a roller coaster.

[Myrrh_Quetz]

maybe the reason I didn't care about that for this house was because I didn't care for it. But ignorance isn't a good excuse. If we did get it and I didn't know the proper numbers that could have bitten me in the ass aswell.

[tyven]

Get something that is conducive to a roommate so that she can rent out a room when you die

[Brill Weave]

And again. This house was on the market for a month. Zero other people have showed interest.

That means nothing. You need a new agent that isn't a moron.

[Boyiee]

A house on the market for a long time is a house that's been on it for a year or 2. A month is still a new listing.

[Ksandra]

No penalty, you are cashing out the inside buildup of your premium. It nullifies the the insurance contract tho so there's no death benefit if something happens to your kid after you've cashed it out.

There are better investment vehicles but none of them pay out a ton of money if your child gets decapitated on a roller coaster.

I have to look into it and maybe put a smaller policy.

I've been investing in Lending club for their college, and so far I've been lucky and making out at about a 15% on returns. I could always get unlucky though so that could take a hit.

[Ratatapa]

I think. And I'm not 100% on any of this. The wife has about 28k saved up. We have enough for 5% down payment with all the closing cost and shit. And I believe it's a fixed rate at 4.9%. Again. I'm not 100%.

The numbers we were quoted were at 230 was 950 a month, 240 was 1300~ and 250 was like 1500 a month.

From BMO.com i just did some basic config didn't try changing the years

[bluefan]

My buddy bought his 900sqft house just over a year ago in Elmwood for $260k that still needed a new roof and probably a new garage. It was valued at $240k but demand here was pretty damn ridiculous last couple years (fuck you Toronto and Vancouver!). Took my buddy almost a year of constant searching and going through 7 agents before finding a decent one (if you want their info Myrrh PM me). I think he had me see like 30 houses with him for my opinion.

There will be a bidding war guaranteed. Buddies house had 4 bidders and I saw a fucking 780sqft house go for $280k because it had fucking 13 bids. Thir-fucking-teen. For a fucking 780sqft!!!!

What area is the house you're looking at anyways? Be mindful just the cost of the house itself isn't the only thing that'll start burning a hole in your funds. Taxes suck here.

[BaneTheBrawler]

me and my wife just got new life insurance policies and at first we were like yeah lets go big so we can both live the life when the other dies but then we realized we'd probably just spend the money on hookers and blow and I don't want my death to pay for her to fuck other dudes and buy them steaks.

i literally just upped my coverage today. i can't actually own insurance in my own right (counts as assets in disability etc. calculations) yet so it's all under my Mom, who used to be an insurance sales agent. The guy used the phrase "it's like you're getting paid to have coverage" referring to the account's growth. I was simply nodding and smiling because when someone blows smoke up my ass like that my natural reaction is to pretend they're not, discard whatever bullshit they fed me, and drop my estimate of their character/intelligence/usefulness a few notches. My Mom is rather more direct. She roflstomped that notion pretty quick. Fortunately, that was the only point on which he was anything but honest.

anyway, the only way i can see myrrh's payment numbers at all making sense is if each of those amounts is a new interest rate bracket. That being the case, dude, I don't think you can afford a $240k house.

[Xno Kappa]

EDIT: Nvm. I realize some of you are seeking out knowledge from reputable sources in the bg fam.