TacoBello

What? I dunno what the hell youre asking then! Be more specific!!

Yumcha

Mortgages in Canadark are harder to obtain...not much though. Still plenty of millenial-types and/or just-plain-stupid people getting into debt they have no chance of paying off.

Ask Taco about his city and Calgary -- which is now a vast wasteland of nice $1M-esque homes up for sale!



My place with landscaping and the finished basement is about $800K...which is $34.50USD.

TacoBello

Edmonton is doing alright. It's Calgary that got hit hard. Market hasn't changed here at all.

Yumcha

The dumbest idea I've seen was a couple sell the house to each other to "up" their worth?


Supposedly, it worked. But, hey...they have a walk-out to a man-made lake now.

Just kinda funny if you walk into the house, it's barely furnished and her car, a 2002 BMW 3er is being fed REGULAR gas and now routinely won't start cuz her husband got laid off.

TacoBello

And believe me, I've been looking

Yumcha

And no -ing today. I'm actually working from home. One of the awesomest things I learned about kid going to pre-skoo is how I'm getting my @$$ kicked with infections and etc. On some antibiotic right now for a sinus problem.

Good times.

Yumcha

Looking for a new house?

TacoBello

Wait. How does that work? Wouldn't they just up their debt? Why the fuck would someone do that? When it comes time to sell, it's only worth what market demands... Not what they demand. I'm clearly missing something here.

I know people who tried playing the system with rentals. Aka, husband owned his own house, then met wife and she move in with him. She then bought a property on her own and they only put 5% down. Well someone caught on and said "nuh uh."

because they are married, they considered her house purchase as a rental property, regardless of who is on the title, and they were forced to pony up another 15%. No idea how they did it, but yeah, someone was watching.

Majofo

fuccbouisss..
one of our interns..

Yumcha

Dude...I have no effing clue. I did not try to understand it either...but, that's apparently what they did. She moved in...she "bought" it from him. And then, he "bought" it back. Somehow, it upped their borrowing power and now, they are in a giant-@$$ house.

Don't ask me about these weirdo tactics. I don't need to try that hard to get into debt, thanks.

TacoBello

no, not really. With the economy taking a dump here a bit, I was looking to see if there were any good deals to be made. It really didn't seem like anything changed. Maybe a few percent lower, but nothing worth moving for.

I have some friends in Calgary who recently bought their first house. The market their seems to be better for buyers, and house prices seemed to move a bit more than here. No where near even 10% lower though. Maybe like 5-6% lower.

Yumcha

The other weird one: The wife has some family and even friends who got jealous and started acting bitchy after we moved into this new place.

I do not get it. Why do people get jealous of new homes? If you want one...buy one? I'm now poorer.


Womenz.

justnspace

iTrader: (1)

same kind of rule here. to be able to buy a house with a non-conventional loan(5%down), one of the requirements is that you have to live in it.

Yumcha

At least another 1.5 years out until the Calgary market improves, I believe.

TacoBello

He's a long way from home. You can keep him though.

Yumcha

Maybe he's from Drug Hat. A bit closer.

TacoBello

now that's a name I've surprisingly never heard.

thoiboi

the Jones.... hard to keep up with them it seems..

so just get jealous.

TacoBello

Yumcha probably put down $798,000 in cash for his house. Got a mortgage for the remainder. Because

Yumcha

Well, I did put down a chunk initially. But, no...not cash. I do not have rich- parents...

cu2wagon

Same here. WagonJr came home with the 24hr funk last week. It hit mom this weekend and me last night. I had a double header at the Superbowl. And then passed out for like 13 hours. Just woke up and feel like I fell out of a moving car, down some stairs, and landed in a huge pile of brain-knives.

Yumcha

Equity from the other place yielded a nice amount given how little was left on my initial mortgage. So, sold the place...paid off THAT mortgage. Used the profit and some savings to eat off about $480K. I still owe a chunk as you can see.

I wish I was that rich.

TacoBello

You're just not buliding iPhones and cheap garments fast enough!!

Yumcha

You want some Yugo Boss and Plada...?

Yumcha

Another great bootleg brand: Birberry.

Yumcha

The Richmond night markets crack me up.

TacoBello

Whoa, real LV purse for just $450!!!

Yumcha

L\/...with slashes instead of the "V".

$34.50.

TacoBello

So fucked up story...

I was watching the news with wifey yesterday... Came across this segment talking about a veterinarian that had two dogs in this clinic that he owned and really abused. The news story started with him coming out of the courthouse after he was charged and was now potentially facing jail time and some hefty fines.

He claimed he was "training" the dogs... But some of the staff working there said he'd kick, punch, and torment the dogs. He kept them locked up in cages for the majority of every day, etc. Just a real piece of work. They showed the dogs and they were fucking terrified. I was like wtf... Who does this to an animal? What a piece of shit.

and then they pan to his face. Fucking nammer. And he is (was) Toby's and Panda's vet. they showed the clinic too, confirming it.

Im glad I never left that piece of shit with either one of our animals, at any time. He seemed alright, though I must admit, I always got this fucked up vibe being there. Something felt off. I guess not enough for us to stop going there. Noticed the staff changed every time I was there... Thought it was strange. Now I know better.

cu2wagon

Poor Tobey.

TacoBello

justnspace

iTrader: (1)

I want a nummer

thoiboi

You paid your home's down payment in robots?

thoiboi

is nammer like a derogatory term for a Vietnamese person?


did he eat them or something?

TacoBello

Yes, and probably.

justnspace

iTrader: (1)

LOL I was trying to figure out his canuck slang.
I was thinking hummer. taco balla can hum all over my ballas

TacoBello

Fuck that guy. I hope he burns in hell. He's still allowed to practice, too. Fucking bullshit.

Majofo

You never drop cash on a home if you
You hoard cash.. need lots of liquid assets..
I'm the same way..

Wife looking at new homes and I'm like



I rather pay PMI and hold cash
I have stocks and shit.. but I like having cash for whatever
Like homie opening a wing and craft beer joint, who wants in..

Majofo

Shit.. C10 SWB bagged with LS swap on craigslist.. Shiett..

justnspace

iTrader: (1)

wait for the crash, mang! wait for the crash!