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Robinson et al v. City of Milwaukee et al

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IMG_4736.jpeg

Pigman threatening to self slaughter?
 

BudDickman

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Dude. It's already been explained many times they only have a mortgage on that shithole because they couldn't qualify anywhere else. They were renters, and the owner let them finance through him so he could sell off all of his rental shitholes there and move out of state. They also allegedly took out a loan against the mortgage, but don't know if that's confirmed.
They refinanced to a lower rate during COVID and gave up whatever equity they had in the house. You can look them up on homes.com.

They took out a $269k mortgage in November 2018, and then took out another one in November 2021 for $265k. They should have paid down the mortgage by at least $48k during that period, yet the second loan is only $4k less.

According to the same site, they also put down a tiny down payment of about $5k. You normally put like $30k into escrow just to make an offer, and then the down payment is at least 10%, so they definitely bought this house using some kind of poor person special financing.

Actually, my escrow payment was more than an entire down payment on their shitty house would be, so that's a moot point. I can't comprehend what the housing market is in a shithole like Milwaukee.
 

BudDickman

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43,084
The other thing that I found funny when looking at their records is that the amount difference between their first and second loans is exactly the same but in the opposite direction of the difference between the tax assessments on the house for those years.

So it's possible that they had literally no equity and they did some retard math to decide that appreciation of the house becomes equity, so they can reduce the loan by that amount (like that somehow reduces the original loan) and that's the loan amount that they took for the refinance.
 

Robert's Gift to Patty

Rick blamed Nikkki at first...
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15,762
They refinanced to a lower rate during COVID and gave up whatever equity they had in the house. You can look them up on homes.com.

They took out a $269k mortgage in November 2018, and then took out another one in November 2021 for $265k. They should have paid down the mortgage by at least $48k during that period, yet the second loan is only $4k less.

According to the same site, they also put down a tiny down payment of about $5k. You normally put like $30k into escrow just to make an offer, and then the down payment is at least 10%, so they definitely bought this house using some kind of poor person special financing.

Actually, my escrow payment was more than an entire down payment on their shitty house would be, so that's a moot point. I can't comprehend what the housing market is in a shithole like Milwaukee.
Is this Sue math or am I retarded? No way they paid down their principle by 17.8% in 3 years. Or do we know they had a 15 year mortgage somehow?
 

soulbrotherman#1

Specifically a quarter retarded
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15,286
They refinanced to a lower rate during COVID and gave up whatever equity they had in the house. You can look them up on homes.com.

They took out a $269k mortgage in November 2018, and then took out another one in November 2021 for $265k. They should have paid down the mortgage by at least $48k during that period, yet the second loan is only $4k less.

According to the same site, they also put down a tiny down payment of about $5k. You normally put like $30k into escrow just to make an offer, and then the down payment is at least 10%, so they definitely bought this house using some kind of poor person special financing.

Actually, my escrow payment was more than an entire down payment on their shitty house would be, so that's a moot point. I can't comprehend what the housing market is in a shithole like Milwaukee.
They're handling their mortgage like their credit card debt.
Don't need to pay it all off once you're dead :image_9251_m:
 
Forum Clout
15,853
They refinanced to a lower rate during COVID and gave up whatever equity they had in the house. You can look them up on homes.com.

They took out a $269k mortgage in November 2018, and then took out another one in November 2021 for $265k. They should have paid down the mortgage by at least $48k during that period, yet the second loan is only $4k less.

According to the same site, they also put down a tiny down payment of about $5k. You normally put like $30k into escrow just to make an offer, and then the down payment is at least 10%, so they definitely bought this house using some kind of poor person special financing.

Actually, my escrow payment was more than an entire down payment on their shitty house would be, so that's a moot point. I can't comprehend what the housing market is in a shithole like Milwaukee.
They put down a 1.7% down payment to live in the hovel? Ha 1.7, just like his grades.
 

Slackjawed Cow

I laugh at them because they're all the same.
Forum Clout
282,278
They refinanced to a lower rate during COVID and gave up whatever equity they had in the house. You can look them up on homes.com.

They took out a $269k mortgage in November 2018, and then took out another one in November 2021 for $265k. They should have paid down the mortgage by at least $48k during that period, yet the second loan is only $4k less.

According to the same site, they also put down a tiny down payment of about $5k. You normally put like $30k into escrow just to make an offer, and then the down payment is at least 10%, so they definitely bought this house using some kind of poor person special financing.

Actually, my escrow payment was more than an entire down payment on their shitty house would be, so that's a moot point. I can't comprehend what the housing market is in a shithole like Milwaukee.
 
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