Reply to FA shouldn't go to people with 1 million dollar houses

Forum Index » Private & Independent Schools

Reply to "FA shouldn't go to people with 1 million dollar houses"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Man the OP might be talking about me.  Well I have news for you honey -- you have NO CLUE.  Do not judge someone else until you walk a mile in their shoes.  You have no clue who else I am supporting on my income, what other expenses I have.

I cannot believe you don't have better things to do with your time than value my house (or someone else's).  I have to live somewhere.  The house costs less than what it would take to rent a place given the tax benefits.  Real estate appreciation made my house worth a lot.  And I borrowed heavily against it.  And used that money to pay tuition among other things.

I am constantly crying poverty and I'm not lying about it.  Yeah, we could sell the house (get not that much in this market) and move into a less expensive house.  But I would not have enough to pay a deposit on a new house given the leverage on this one.  Day of 100% financings are over.

Meanwhile you are a total you know what for worrying about me.  Worry less about me, and my financial issues and more about yourself.  Don't judge.  You have no idea.
[/quote]

Why were you so stupid to invest in something so expensive?  Who the F cares what lenders think you're qualified for?  Live within your means.

Before marriage, I lived in a nice TH, and my husband owned a small house.  When we sold both, we set a limit, and although we "qualified" for way over our limit, we knew better.  So we socked away a good third of what we got when we sold our homes.

And we put down quite a bit to keep our already low payments down.

If you're into superficial living, you'll end up screwing yourself in the end if you're not careful.

So, PP, lament all you want.  I don't feel sorry for you.

And yes, my child attends private, as will my son.  But we're definitely not spending 30K a year in tuition b/c we know our limits.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics