Foredozed

2010-02-19 21:51:50

#1

ATG: Banned; +5,233|7106|Global Command

" Hoskins said he'd gotten a $170,000 offer from someone to pay off the house, but the bank refused, saying they could get more from selling it in foreclosure. "

http://www.wlwt.com/news/22600154/detail.html

Beautiful, really.

2010-02-19 22:01:47

#2

loubot: O' HAL naw!; +470|7155|Columbus, OH

his house is a leakin

2010-02-20 01:03:03

#3

GodFather: Blademaster's bottom bitch; +387|6797|Phoenix, AZ

loubot wrote:
his house is a leakin

iss leakin badd

2010-02-20 05:10:24

#4

seymorebutts443: Ready for combat; +211|7172|Belchertown Massachusetts, USA

Greedy pieces of shit. Good that he stood up for himself.

2010-02-20 08:29:37

#5

FEOS: Bellicose Yankee Air Pirate; +1,182|6988|'Murka

Extreme. But fucking awesome.

Perhaps the message should resonate with the bank: "Take the fair offer or you will get nothing."

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2010-02-20 08:32:18

#6

ghettoperson: Member; +1,943|7226

If he owes $160k, and has an offer for $170k, why wouldn't the banks take it? They'll get all their money back. Am I missing something here?

2010-02-20 08:37:23

#7

loubot: O' HAL naw!; +470|7155|Columbus, OH

why have one person pay for a house when the bank can have two: one to pay for the defaulted loan and have another buyer. also to sandbag their losses so the bank can ask more assistance from the fed. govt

2010-02-20 08:46:38

#8

eleven bravo: Member; +1,399|5836|foggy bottom

houses are no where near worth as much as the property they stand on. the bank is still gonna make a ton of money while this guy is gonna end up having to pay for the bulldozer rental.

Tu Stultus Es

2010-02-20 09:08:33

#9

ATG: Banned; +5,233|7106|Global Command

ghettoperson wrote:
If he owes $160k, and has an offer for $170k, why wouldn't the banks take it? They'll get all their money back. Am I missing something here?

You are missing the fact that the bankers are servants of Mannon and agents of Satan.

The more losses they can show the more tax money they can get.

The banks are ridiculous. A farce of morality. While many hard working Americans are going broke these guys are robbing us blind.

Example: 31% interest on credit cards. They take a problem debt and turn it into a black hole you can never escape.

Fuck 'em, right in the keester.

2010-02-20 09:10:31

#10

FEOS: Bellicose Yankee Air Pirate; +1,182|6988|'Murka

ATG wrote:
ghettoperson wrote:
If he owes $160k, and has an offer for $170k, why wouldn't the banks take it? They'll get all their money back. Am I missing something here?
You are missing the fact that the bankers are servants of Mannon and agents of Satan.

The more losses they can show the more tax money they can get.

So he essentially gave them exactly what they wanted.

He must be an agent of Satan as well.

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2010-02-20 10:30:57

#11

13/f/taiwan: Member; +940|6276

Should of bulldozed the bank tbh.

2010-02-20 10:33:48

#12

Mekstizzle: WALKER; +3,611|7198|London, England

they have a moscow in ohio

is nothing sacred

2010-02-20 10:56:48

#13

loubot: O' HAL naw!; +470|7155|Columbus, OH

Mekstizzle wrote:
they have a moscow in ohio

is nothing sacred

we have a London, Ohio too

2010-02-20 11:25:46

#14

FEOS: Bellicose Yankee Air Pirate; +1,182|6988|'Murka

loubot wrote:
Mekstizzle wrote:
they have a moscow in ohio

is nothing sacred
we have a London, Ohio too

Is it full of emo fags, too?

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2010-02-20 11:50:18

#15

Mekstizzle: WALKER; +3,611|7198|London, England

oi

2010-02-20 14:25:05

#16

bennisboy: Member; +829|7224|Poundland

ATG wrote:
ghettoperson wrote:
If he owes $160k, and has an offer for $170k, why wouldn't the banks take it? They'll get all their money back. Am I missing something here?
You are missing the fact that the bankers are servants of Mannon and agents of Satan.

The more losses they can show the more tax money they can get.

The banks are ridiculous. A farce of morality. While many hard working Americans are going broke these guys are robbing us blind.

Example: 31% interest on credit cards. They take a problem debt and turn it into a black hole you can never escape.

Fuck 'em, right in the keester.

Oooooooor people could exercise restraint and not get themselves in these ridiculous situations in the first place. All it takes is a llittle planning.

This guy is dumb, he's still gonna owe the bank that money, but will now have to find it elsewhere.

2010-02-20 14:32:54

#17

Aries_37: arrivederci frog; +368|7152|London

lol way to show the man

As Bennis says, don't take loans you can't afford.

That said bankers are evil. A nice banker is probably a shit one.

2010-02-21 04:37:20

#18

ATG: Banned; +5,233|7106|Global Command

bennisboy wrote:
ATG wrote:
ghettoperson wrote:
If he owes $160k, and has an offer for $170k, why wouldn't the banks take it? They'll get all their money back. Am I missing something here?
You are missing the fact that the bankers are servants of Mannon and agents of Satan.

The more losses they can show the more tax money they can get.

The banks are ridiculous. A farce of morality. While many hard working Americans are going broke these guys are robbing us blind.

Example: 31% interest on credit cards. They take a problem debt and turn it into a black hole you can never escape.

Fuck 'em, right in the keester.
Oooooooor people could exercise restraint and not get themselves in these ridiculous situations in the first place. All it takes is a llittle planning.

This guy is dumb, he's still gonna owe the bank that money, but will now have to find it elsewhere.

What, do you live under a rock?

Are you too fucking stupid to see the millions of jobs lost?
The lost equity?
The reduced pay?

Get a fucking clue.

The economy trumps restraint.

The guy isn't dumb, people like you are.

Crawl back into the cave you must live in and get off my screen.

2010-02-21 08:55:04

#19

bennisboy: Member; +829|7224|Poundland

ATG wrote:
bennisboy wrote:
ATG wrote:

You are missing the fact that the bankers are servants of Mannon and agents of Satan.

The more losses they can show the more tax money they can get.

The banks are ridiculous. A farce of morality. While many hard working Americans are going broke these guys are robbing us blind.

Example: 31% interest on credit cards. They take a problem debt and turn it into a black hole you can never escape.

Fuck 'em, right in the keester.
Oooooooor people could exercise restraint and not get themselves in these ridiculous situations in the first place. All it takes is a llittle planning.

This guy is dumb, he's still gonna owe the bank that money, but will now have to find it elsewhere.
What, do you live under a rock?

Are you too fucking stupid to see the millions of jobs lost?
The lost equity?
The reduced pay?

Get a fucking clue.

The economy trumps restraint.

The guy isn't dumb, people like you are.

Crawl back into the cave you must live in and get off my screen.

haha level headed as always there.

People were in trouble before the credit crisis, they were buying shit they couldn't afford, but only realised when they couldn't get any more credit.

Yes banks shouldn't have been lending that much, but it's down to people to realise when they're taking shit too far. You're the kind of ignorant fool who feels food shops should be villified for selling food to fat people. You have no idea... you really are crazy/deluded.

I've seen the loss of jobs, I'm not stupid.

It's dumb fucks like you that need other people to tell them when to stop that caused this whole economic shit storm, borrowing more than you'd ever be able to pay back just because someone else wasn't going to stop you.

With how old you are I'd have thought you have slightly more common sense, but clearly you're just another dumbass.

Finally, how is the guy not dumb, he still owes the bank the fucking money, but now has no way to pay it back! Yaaaay bankruptcy! Jesus christ you're one thick son of a bitch. Grow the fuck up.

2010-02-21 08:58:57

#20

11 Bravo: Banned; +965|5814|Cleveland, Ohio

what a dope. what did this guy do for a living? a salesman? im sure he never made a profit and sold everything at cost right?

2010-02-21 09:40:54

#21

ATG: Banned; +5,233|7106|Global Command

bennisboy wrote:
I'm not stupid.

I disagree wholeheartedly.

2010-02-21 09:44:45

#22

Jay: Bork! Bork! Bork!; +2,006|5935|London, England

ATG wrote:
" Hoskins said he'd gotten a $170,000 offer from someone to pay off the house, but the bank refused, saying they could get more from selling it in foreclosure. "

http://www.wlwt.com/news/22600154/detail.html

Beautiful, really.

Way to take a snippet from the article and completely ignore the main points. The guy had business loans and had put up his house as collateral. He defaulted and the bank was doing what it was supposed to do: acquire the collateral that the man had put up when he failed to pay his business debt.

You have some strange heroes ATG and most of them are deadbeats trying to put one over on the system. I hope this guy ends up in jail.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2010-02-21 09:45:46

#23

Jay: Bork! Bork! Bork!; +2,006|5935|London, England

ghettoperson wrote:
If he owes $160k, and has an offer for $170k, why wouldn't the banks take it? They'll get all their money back. Am I missing something here?

Yes, the house was collateral against his business debt. Him owing money to the bank on his house was irrelevant.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2010-02-21 09:50:25

#24

bennisboy: Member; +829|7224|Poundland

ATG wrote:
bennisboy wrote:
I'm not stupid.
I disagree wholeheartedly.

It would appear to everyone involved here that you're the thick one. You haven't come up with one decent argument. You're thick as fuck, you don't know shit, yet you keep trying to act like you have a shit little slither of knowledge or intelligence.

This guy put his house up as collateral, he knew what he was doing. He took out a loan he couldn't afford. Now:

1. He has nowhere to live
2. He will have no income if he destroys his store
3. He has no way of paying back the bank.

He's fucked. Please follow his example if you think it's so great. Take out a loan that you can't afford, then destroy all your means of paying it back. Nice one Sherlock

2010-02-21 10:50:30

#25

ATG: Banned; +5,233|7106|Global Command

Unless you;

don't live with mum and daddy
have a job and support a family
own a home that has not lost it's equity

You are talking out your ass and your opinion means nothing.

Punk ass teenagers have so little life experience they have nothing of merit to offer on the economy.

BF2S Forums Foredozed

loubot wrote:

ghettoperson wrote:

ATG wrote:

ghettoperson wrote:

Mekstizzle wrote:

loubot wrote:

Mekstizzle wrote:

ATG wrote:

ghettoperson wrote:

bennisboy wrote:

ATG wrote:

ghettoperson wrote:

ATG wrote:

bennisboy wrote:

ATG wrote:

bennisboy wrote:

ATG wrote:

ghettoperson wrote:

ATG wrote:

bennisboy wrote:

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