Any expectations for this court date in Wisconsin?

[guest]

Just checked - neither have filed for bankruptcy (yet).

I feel like something big is coming. If the case gets dropped later this month, another shoe will fall. Divorce? Bankruptcy? OnlyFans?

There's going to be some difficult discussions in the Tomlinson/Robinson half-a-house.

 

[Libby Son Of Loin]

View attachment 18389

Lol, they suck at being landlords.

So he finally got fat enough to be considered part of an address

 

[TorquieTwoBeers]

Didn’t Pat recently claim to someone on Reddit they haven’t had tenants for years?

Pat also claims that he doesn't live in half of a house. He literally said that he lives in one house and that his tenants live in another house, which is a duplicate of his house. He's insane.

And LOL at them originally taking out a $269,000 loan to pay for a $275,000 house. How do you even get approved for that, especially with a bankruptcy on Niki's record and Pat having no job? Or am I reading this wrong? They only put down $6,000 on a $275,000 house purchase? That's 2%! I put down 20% when I bought my house and paid the whole thing off in five years. What losers.

 

[JoeBrotheChildSpitGuzzler]

View attachment 19254

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Yes they refinanced after only reducing their principal balance by about $5k in 3 years, and also have no equity in the property. Bonus - The mortgage company they went through is pretty shitty.

Thats all I got.

Sounds like pat has a shitty subprime mortgage because he's a high risk

 

[Pringle Can Lothario]

I would swear I saw at one point that the purchase was owner financed. But yeah, I don't think Credit Scores Don't MaTTer couldn't get a decent rate with that score of his.

 

[Stent]

He's got more of a stake in his dumb car and bike than in the home. Two "working" middle-age adults with no children or other responsibilities.

 

[Slackjawed Cow]

Pat was so happy he refinanced he sounded like he selling herbalife.

Anyone can do it!

https://twitter.com/stealthygeek/status/1412464831723102212

 

[Clint Ruin]

Just checked - neither have filed for bankruptcy (yet).

I wouldn't expect them to until the kangaroo court is officially over

 

[archive_bot]

Sounds like pat has a shitty subprime mortgage because he's a high risk

Patrick S. Tomlinson on Twitter: "@comikeyduece We went FHA for our f…

archived 10 Jan 2022 21:13:03 UTC

archive.is

archive.ph

 

[Libby Son Of Loin]

Pat was so happy he refinanced he sounded like he selling herbalife.

Anyone can do it!

https://twitter.com/stealthygeek/status/1412464831723102212

It's how they cope with the reality that refinancing is for broke losers

 

[TorquieTwoBeers]

Pat was so happy he refinanced he sounded like he selling herbalife.

Anyone can do it!

https://twitter.com/stealthygeek/status/1412464831723102212

Someone who is smart (not me, I am retarded) can do the math here and figure out his entire mortgage situation based off of this.

He's at 4.7% here and says that cutting "over two points" which saves him $400 a month. So let's round it to going from 4.7% to 2.5% saving him $400. (also love the brag that he'd keep putting the $400 towards the principle; buddy, you owe $260,000, $400 a month is peanuts)

Then he says later that they actually cut 1.5% off (ie, from 4.7% to 3.2%) saves them $5,000 a year. You can probably extrapolate this out to show how much his mortgage is.

Also what the fuck are FHA and PMI? Is it something poor people need to do to get a mortgage?

 

[Udders]

Someone who is smart (not me, I am retarded) can do the math here and figure out his entire mortgage situation based off of this.

He's at 4.7% here and says that cutting "over two points" which saves him $400 a month. So let's round it to going from 4.7% to 2.5% saving him $400. (also love the brag that he'd keep putting the $400 towards the principle; buddy, you owe $260,000, $400 a month is peanuts)

Then he says later that they actually cut 1.5% off (ie, from 4.7% to 3.2%) saves them $5,000 a year. You can probably extrapolate this out to show how much his mortgage is.

Also what the fuck are FHA and PMI? Is it something poor people need to do to get a mortgage?

5 Types of Private Mortgage Insurance (PMI)

If you’re making a down payment of less than 20% on a home, it’s important to understand your options for private mortgage insurance (PMI).

www.investopedia.com

 

[IGotATreeOnMyHouse85]

5 Types of Private Mortgage Insurance (PMI)

If you’re making a down payment of less than 20% on a home, it’s important to understand your options for private mortgage insurance (PMI).

www.investopedia.com

I wonder if there was some local incentive tied to getting approved. For example a friend of mine bought a place in a “rebuilding area” (shitty but hoping to bring in people that will build up the area) and as long as he stayed for 10 years the state paid the 15 or 20% down payment.

 

[Uncle Anthony Cumia]

View attachment 19254

View attachment 19258View attachment 19259View attachment 19260View attachment 19261
Yes they refinanced after only reducing their principal balance by about $5k in 3 years, and also have no equity in the property. Bonus - The mortgage company they went through is pretty shitty.

Thats all I got.

So they refinanced with a sub prime refi. They refinanced for $5,000 less than purchase price. Yet Piggy is claiming biggly savings amounts.

 

[guest]

Someone who is smart (not me, I am retarded) can do the math here and figure out his entire mortgage situation based off of this.

He's at 4.7% here and says that cutting "over two points" which saves him $400 a month. So let's round it to going from 4.7% to 2.5% saving him $400. (also love the brag that he'd keep putting the $400 towards the principle; buddy, you owe $260,000, $400 a month is peanuts)

Then he says later that they actually cut 1.5% off (ie, from 4.7% to 3.2%) saves them $5,000 a year. You can probably extrapolate this out to show how much his mortgage is.

Also what the fuck are FHA and PMI? Is it something poor people need to do to get a mortgage?

i could calculate it but I'm not going to bother because he's a big fat liar and I don't believe a word of anything he says.

 

[guest]

It's how they cope with the reality that refinancing is for broke losers

that doesn't make any damn sense. the less broke you are the more advantageous it is to refi when rates go down.

 

[Pringle Can Lothario]

This math doesn't add up. On that shitbox, $416 would be about 1/3 the payment...oh wait, if you had normal credit.

 

[O-BLOCK NIGGA!]

I genuinely don't know, TBH. Logic would say that this is over now, and to stop wasting the courts time and the plaintiff's money. But this case is so crazy, the lawyers are so desperate, and Ashley is so lenient...that I really don't know how this will go, or if Nicole and Resto are delusional enough to pull a hail mary, regardless of the embarrassment or risk. Or if Pat will barge his way into the hearing like the fucking Kool-Aid Man, and make one last emotional play/begging routine.

By all accounts and logic, this should be dead as shit. But no one has acted logically so far.

 

[guest]

I think it depends how bad you are with money and finances. If rates are low shady refinance places will lower your monthly payment by a couple hundred then bake their fees into your mortgage so you still end up paying the same amount of payments. If you have the money up front you can pay like 5k in fees and end up shaving off 6-7 years on 30 year mortgage with a big enough percentage drop. It's been a while since i stared at an amortization schedule, so someone call me a dumb faggot.

right, poor people may get taken for a ride because they're more likely to be dumb but refi's arent for poor people. if youve got money youre way better off getting a refi and historical low rates and then investing the extra money then you are paying down a mortgage.

 

[Cuphead]

Pat also claims that he doesn't live in half of a house. He literally said that he lives in one house and that his tenants live in another house, which is a duplicate of his house. He's insane.

And LOL at them originally taking out a $269,000 loan to pay for a $275,000 house. How do you even get approved for that, especially with a bankruptcy on Niki's record and Pat having no job? Or am I reading this wrong? They only put down $6,000 on a $275,000 house purchase? That's 2%! I put down 20% when I bought my house and paid the whole thing off in five years. What losers.