Quantum Apostrophe: Real estate. The slimiest, vilest, most underhanded and dishonest business there is. I can't think of an "industry" with more middlemen that do less.
IdBeCrazyIf: Have you seen a modern mortgage note? Can you honestly expect a home owner to read through and understand that entire thing? I mean if they can, that's great but I would also suggest that same person to take the Bar for their state because chances are high they would pass it.
BigBooper: Quantum Apostrophe: Real estate. The slimiest, vilest, most underhanded and dishonest business there is. I can't think of an "industry" with more middlemen that do less.I sell health insurance. Are you saying that I'm less hated than a realtor?
Voiceofreason01: Don't forget "politics" and "government" subby
hitlersbrain: Modern Finance:It's worth what the hyper rich say it's worth.(insert complex, nonsense terminology, random worthless charts and obfuscated symbols here)It's funny how the 'best and brightest' flock to wall street and make nothing but a huge pile of steaming garbage.
GoldSpider: Voiceofreason01: Don't forget "politics" and "government" subbyFour legs good. Two legs bad.That's all anyone has to know.
BigBooper: I sell health insurance. Are you saying that I'm less hated than a realtor?
GORDON: Wall Street's/bankers'/George Bush's fault.We done here?
Thisbymaster: Well real estate is a mess of local state and fedal laws that both conterdic and over ride each other. And the mortgage notes might as well be written in Aramaic, so obviously they don't understand it.
Generation_D: Insurance "industry" is 100% middleman. There's no tangible product. At least with real estate there's a building.
o5iiawah: If only there were people who were well-versed in the legal speak of such long, lengthy documents and were able to break it down in brass tacks, so that the average schlub could understand them.
BigBooper: My wife teaches at a private college. Her students pay $50,000 for a two year degree in a career with a starting wage of about $12.50 an hour. After five year experience, they MIGHT be making $15.00 an hour.The truth is that student loans are given out to anyone who can sign their name. If the school can line these people up, how hard do you think it is to get these same people to take out a mortgage that they can't afford?
IdBeCrazyIf: Ahh yes Lawyers, creating an entirely nothing language for job security.
mayIFark: The biggest of those myths I find is that mortgage interest saves you money on tax. This one I find the biggest of all lies because it is so close to the truth. First off, you save money only when you itemize.
mayIFark: The second hardest thing was to get past the myths.
xxmedium: The whole point of the pre-approval is to pull the trigger with the seller quickly. But that's like step 8 while shopping the rates is step 1.
Links are submitted by members of the Fark community.
When community members submit a link, they also write a custom headline for the story.
Other Farkers comment on the links. This is the number of comments. Click here to read them.
You need to create an account to submit links or post comments.
Click here to submit a link.
Also on Fark
Submit a Link »
Copyright © 1999 - 2017 Fark, Inc | Last updated: Apr 23 2017 13:10:49
Runtime: 0.387 sec (387 ms)