So what did you do today?

[cus_deluxe]

I own everything including my farm, I was going to put $100k down on a $200k house. It makes no sense that a financial institution would not take a risk with 50% equity to insure their investment. I wouldn't loan to someone with no history either, but I would loan to you if you put half down. If you default, I sell the house for more than 50% of its value and at minimum, recoup my money.

I figured it was a sign that I should not buy that house. I will keep my money, they can keep the house. I am not complaining, I am just confused by their game. No worries here.

Im not saying i agree with them, and obviously you are responsible with your money. But it comes to dollars and cents. If you default on the loan, they can only sell the house to recoup their investment, any money made beyond that at auction would be returned to the person who defaulted, at least thats how law in michigan is. If you dont default, then they make money on interest over the life of the loan. Banks arent in business for fun. Again, not sayin i like the system, cuz i dont and ive been pimped by the credit bureau thing in the past.

 

[Lnk]

Im not saying i agree with them, and obviously you are responsible with your money. But it comes to dollars and cents. If you default on the loan, they can only sell the house to recoup their investment, any money made beyond that at auction would be returned to the person who defaulted, at least thats how law in michigan is. If you dont default, then they make money on interest over the life of the loan. Banks arent in business for fun. Again, not sayin i like the system, cuz i dont and ive been pimped by the credit bureau thing in the past.

I agree with you, I guess they figure I don't like debt, and will pay it off faster. Preventing them from making the most money possible. I get it, they want maximum return. I am not the guy they will make the most money off of. Like I said, the man upstairs sends me messages, and I listen closely when he does.

Thanks for the discussion. I am thankful for what I have, and don't really need anything. Great group here. I hope everyone had a good day.

 

[cus_deluxe]

I agree with you, I guess they figure I don't like debt, and will pay it off faster. Preventing them from making the most money possible. I get it, they want maximum return. I am not the guy they will make the most money off of. Like I said, the man upstairs sends me messages, and I listen closely when he does.

Thanks for the discussion. I am thankful for what I have, and don't really need anything. Great group here. I hope everyone had a good day.

Thank you for not thinkin i was being a prick lol. Im always curious about people and what makes them make certain decisions. Its important for humans to talk to each other, most especially these days.

 

[Lnk]

Thank you for not thinkin i was being a prick lol. Im always curious about people and what makes them make certain decisions. Its important for humans to talk to each other, most especially these days.

Unless you take a physical swing at me, I promise not to get angry. I always look at what people write, and if it can be taken two ways, I always assume they meant the nicer one. Not once did I feel you were being a "prick". I enjoy dialog, it is how I learn. I wish more people took the time to listen to what others say, and consider they may not have all the answers. The hardest thing is for people to admit they don't know something. There are encyclopedias full of s-word I don't know.

 

[tickbitintn]

Too bad internet/forum discussions can't all be like this...
A drama free zone sure would be nice.
Nice job gents!

Sent from my XT1635-01 using Tapatalk

 

[Guido Salvage]

Destroyed a computer hard drive with a 25 ton hydraulic press at work.

 

[Kw trees]

Going put this to work tomorrow just got yesterday

 

[RI Chevy]

You have heated handles??? Supposed to be COLD tomorrow .

 

[Michpatriot]

Destroyed a computer hard drive with a 25 ton hydraulic press at work.

View attachment 323842

Yeah probably coulda used a smaller press those hard drives aren't as hard as they seem..lol

 

[Michpatriot]

Going put this to work tomorrow just got yesterday

25" light bar would be my pick..almost went 462 when I was having Randy do a 461..Just really wanted a unlimited coil and no-tronic, at the time didn't even know they offered adjustable carb models in 462.

 

[Kw trees]

You have heated handles??? Supposed to be COLD tomorrow .

I do have one heated handle saw but heated gloves work just fine

 

[RI Chevy]

Stay warm. Be safe brother!

 

[Kw trees]

Stay warm. Be safe brother!

I got 2 tanks in it so fair it’s 4 degrees out with wind chill making it one but still sent it

 

[Lnk]

I got 2 tanks in it so fair it’s 4 degrees out with wind chill making it one but still sent it

I would have waited for warmer weather, unless it was an emergency. I don't miss those temps.

 

[Kw trees]

Brother in law wanted it down it was definitely in sad shape so it is what is

 

[Lnk]

Brother in law wanted it down it was definitely in sad shape so it is what is

I understand, I probably would have cut it too. I would not have gone out to noodle in that weather. Getting soft I guess.

 

[RI Chevy]

Nice! How did it run? Did you have to section it down or cut the whole tree down. Looks pretty big on the base.

 

[justoldsaws]

Today was the start of my camping holiday, camping on the waters edge, fishing from the boat and burning wood.
Still nice and hot here in Australia.

 

[Partner]

I was lying under the plane ;-) Polish F-16

 

[justoldsaws]

Last day of my week long camping/fishing holiday, camped right at the water.