• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Any Davek Umbrella users out there?

Page 7 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
Status
Not open for further replies.
alkemyst said:
No $80k of payments. Basically they are saying I owe $100k more than I started with still. My original principal was $256k.

On paper it's like $350k owed.

You can't just transfer your mortgage.
Click to expand...

So let me get this straight. The total debt service due on that type of mortgage over 3 years is ~49k, assuming you have a 30yr fixed at 5% on the whole balance. However, you are such a huge baller you were able to pay cash for your overpriced car but you can't even figure out, nor fix the fact, that your house mortgage isn't amortizing for 3 years and we're supposed to believe you got chucked into HAMP for no reason?

Then we are supposed to believe that your house, with the 80k mis-applied payments (which is really 49k unless you paid more) really means that your house is $300k "flipped" , or has lost ~200k in value, so your "baller" house is only worth $56k?

Hell, you're supposed to be some super-awesome 6-figure baller and you're only living in a house that you bought for $256k at a little below the height of the housing market? We're supposed to think you're some super-genius because of that? If you live in FL your house has lost ~40% of its value since 2007 (haven't looked at Case-Shiller lately, just guesstimating).

I make a decent amount of money and what I pay in rent is far above a $256k house payment, but I refuse to buy a house yet nor am I stupid enough to buy a used car for cash but ridicule others who got 1.9% financing.

In reality, you're not a baller, you're not all that smart and you're really a liar. If you want to keep going I can keep making a fool out of you and your silly numbers. Otherwise, just clam up.
 
momeNt said:
OH SHIT, THROWDOWN IN S. FL

Who is taping this?

BTW Alkemyst has martial arts training, so you better train or you are getting your ass seriously wooped by an internet troll.
Click to expand...

But I thought he had a torn shoulder and flappy knee? I ain't scurred of a 41yo cripple.
 
Last edited:
alkemyst said:
jesus bro...now you are being a tool. So a base Charger is the same as a SRT8 as well. Ford Mustang same as the GT500, etc.

Face it, not everyone gets to be the astronaut.

*DING* your fries need to be pulled. chop chop.
Click to expand...

Face it, I owned you. I've owned plenty of BMWs, and you have one old one and think you're the king shit. Newsflash, you're wrong, the interior is IDENTICAL apart from cosmetics.

SERVED. Thanks for playing. 😀
 
wow, this thread got derailed pretty badly.

User Name Posts
alkemyst 62
ChopperDave 13
InfinitySquared 8

😵
 
roguerower said:
But I thought he had a torn shoulder and flappy knee? I ain't scurred of a 41yo cripple.
Click to expand...

You were scared of getting in trouble for posting his address.

Do not post other member's addresses (this goes for roguerower too.) -Admin DrPizza
 
Last edited by a moderator:
LegendKiller said:
So let me get this straight. The total debt service due on that type of mortgage over 3 years is ~49k, assuming you have a 30yr fixed at 5% on the whole balance. However, you are such a huge baller you were able to pay cash for your overpriced car but you can't even figure out, nor fix the fact, that your house mortgage isn't amortizing for 3 years and we're supposed to believe you got chucked into HAMP for no reason?
Click to expand...

My payment was $2200. The rate at the time was 6.875% (MI was wrapped into the rate).

They put me into HAMP probably because the did it to a lot of people for the $1000 the government was paying for it.

I have no fucking clue and apparently they couldn't figure it out either.

LegendKiller said:
Then we are supposed to believe that your house, with the 80k mis-applied payments (which is really 49k unless you paid more) really means that your house is $300k "flipped" , or has lost ~200k in value, so your "baller" house is only worth $56k?

Hell, you're supposed to be some super-awesome 6-figure baller and you're only living in a house that you bought for $256k at a little below the height of the housing market? We're supposed to think you're some super-genius because of that? If you live in FL your house has lost ~40% of its value since 2007 (haven't looked at Case-Shiller lately, just guesstimating).

I make a decent amount of money and what I pay in rent is far above a $256k house payment, but I refuse to buy a house yet nor am I stupid enough to buy a used car for cash but ridicule others who got 1.9% financing.

In reality, you're not a baller, you're not all that smart and you're really a liar. If you want to keep going I can keep making a fool out of you and your silly numbers. Otherwise, just clam up.
Click to expand...

I worked for a Top 10 homebuilder. Ourselves and our peers believed 2007 was that end of things and it could not go down from there (assuming the homes were showing values close to their selling prices prior to the boom). That's were I bought at. My neighborhood is doing much worst than others around it due to being one of the few non-HOA areas with improved homes. The other areas are HOA's or much older homes that have not been improved.

Of course people like you that probably couldn't buy at the time will tell everyone you had it all figured out. You knew exactly how high the market would go, when the peak was and you have known the real bottom forever. It's all hindsight.

I didn't pay cash for my M3, I am at 3.5% interest on it with GAP insurance. I could have gotten 2.9% without GAP, but I am paying it over 3 years so it's not significant and that '$45k' is doing much better for me right now invested. I may have originally posted I was paying cash for it...that was my idea at first, but the market has gotten better so my money is making money again. It's probably going to be paid off in 2 years in reality. Also with the whole home thing I am going through my retirement is safe, but a paid off car could be a potential 'asset'...there is a lot more to it.

I am not sure where you are going with all your ideas, but yes my current house is beneath my means. My salary has more than doubled since I bought my home. My home is worth as of today on the county's assessor $83k. However, even with pools homes in my area are going for $70-75k at best. I may be able to close to double my salary again in a year or two providing the economy doesn't slip again. I will have to get my CCIE, which is a challenge; but doable.
 
roguerower said:
Very true! Later momeNt, enjoy the vacation.
Click to expand...

I guess I'll have to wait to see the thread where you fight him. Cheers to taking a guy like alkemyst so seriously, his success has nothing to do with your life, yet you and a few others get so offended by his threads.
 
alkemyst said:
My payment was $2200. The rate at the time was 6.875% (MI was wrapped into the rate).

They put me into HAMP probably because the did it to a lot of people for the $1000 the government was paying for it.

I have no fucking clue and apparently they couldn't figure it out either.



I worked for a Top 10 homebuilder. Ourselves and our peers believed 2007 was that end of things and it could not go down from there (assuming the homes were showing values close to their selling prices prior to the boom). That's were I bought at. My neighborhood is doing much worst than others around it due to being one of the few non-HOA areas with improved homes. The other areas are HOA's or much older homes that have not been improved.

Of course people like you that probably couldn't buy at the time will tell everyone you had it all figured out. You knew exactly how high the market would go, when the peak was and you have known the real bottom forever. It's all hindsight.

I didn't pay cash for my M3, I am at 3.5% interest on it with GAP insurance. I could have gotten 2.9% without GAP, but I am paying it over 3 years so it's not significant and that '$45k' is doing much better for me right now invested. I may have originally posted I was paying cash for it...that was my idea at first, but the market has gotten better so my money is making money again. It's probably going to be paid off in 2 years in reality. Also with the whole home thing I am going through my retirement is safe, but a paid off car could be a potential 'asset'...there is a lot more to it.

I am not sure where you are going with all your ideas, but yes my current house is beneath my means. My salary has more than doubled since I bought my home. My home is worth as of today on the county's assessor $83k. However, even with pools homes in my area are going for $70-75k at best. I may be able to close to double my salary again in a year or two providing the economy doesn't slip again. I will have to get my CCIE, which is a challenge; but doable.
Click to expand...

You don't even want to get into that pissing contest, I was telling people in 2004 not to buy and housing had a 50%+ correction to take, especially in FL (where I lived, first in Miami and then Orlando/Metrowest). You can see on the GotApex forums that this was the case, anybody on here that was on there can tell you the same (funny, there was a guy there ejaculating all over his bimmer there too). In 2006 when I was working in NOVA I could have bought a nice 400k condo there, downtown Reston VA, but I refused to b/c I knew it was going to crash. My landlord laughed at me when I told her that, much like housing affiliated goobers like you, she was all-in. I also had a lot of these conversations on www.analystforum.com when I was taking the CFA exams from 2003-2006.


I have a hard time believing your rate was that high in 2007, but whatever bro, you're still flipped on your house by 200k because you were a fool to buy into the FL bubble. 1/3 of your supposed issues are supposedly due to Citi (which I still don't believe and you haven't posted anything to confirm).

So now you're really not that huge of a baller, but you bought a used car (was it CPO?) with financing, wow, big fucking ideal. I am very impressed by you (lol).
 
Last edited:
roguerower said:
Who's scared now? Don't worry, I've got a screencap of you posting it, but yours was up for MUCH longer than mine 🙂
Click to expand...

Don't know what you are talking about.

I'm sure once you meet alkemyst in person you'll probably think he is a nice guy. It's funny to see you get mad enough to post his address and come at him.
 
I like LegendKiller.

Only one question.

WTF is GAP insurance and why is it an addon to the rate? I am going to guess this has to do with financing 100% of a depreciating asset, so that you are not upside down?

Also, why did alkemyst pay mortgage insurance on a 256k house? Couldn't even come up with 60k down?
 
Last edited:
Status
Not open for further replies.

TRENDING THREADS

Back
Top