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wtb: Yamayork...will pay 30% interest

Postby bloke » Tue Apr 26, 2016 12:22 am

$2000 cash down payment
The rest ($38000) financed by you at 30% interest, with one balloon payment made by me which comes due in 480 months.
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Re: wtb: Yamayork...will pay 30% interest

Postby Steve Marcus » Tue Apr 26, 2016 9:27 am

Don't know if this seller will honor your terms, bloke, but at least he deserves a "bump."

http://forums.chisham.com/viewtopic.php?f=4&t=70726&p=577697&hilit=YamaYork#p577697
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Re: wtb: Yamayork...will pay 30% interest

Postby Billy M. » Tue Apr 26, 2016 11:41 am

bloke wrote: ...with one balloon payment made by me which comes due in 480 months.


Bloke obviously plans to live forever... or at least after the great Ploygdar Invasion of 2032.

But I say too much. You must not know the troubles to befall you, lest they be much worse than already seen.
Romans 3:23-24

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Re: wtb: Yamayork...will pay 30% interest

Postby bloke » Tue Apr 26, 2016 1:32 pm

Billy M. wrote:Bloke obviously plans to live forever.


au contraire

...but nevermind.

This Kelly Ripa stuff has my stomach all tied up in knots, and I really don't know WHAT I want anymore...
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Re: wtb: Yamayork...will pay 30% interest

Postby rodmathews » Tue Apr 26, 2016 2:32 pm

30% interest compounded over 40 years on a principal of $38,000 comes out to $494,000. This might be a record price paid for a toobah.

Make it an even $500K and I'll consider it. ;-)
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Re: wtb: Yamayork...will pay 30% interest

Postby Deleted dp » Tue Apr 26, 2016 7:34 pm

Image
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Re: wtb: Yamayork...will pay 30% interest

Postby bloke » Tue Apr 26, 2016 9:02 pm

rodmathews wrote:30% interest compounded over 40 years on a principal of $38,000 comes out to $494,000. This might be a record price paid for a toobah.

Make it an even $500K and I'll consider it. ;-)


It's a deal, Rod.

In 40 years, we'll settle up via that balloon payment.

Ship the tuba ! 8)
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Re: wtb: Yamayork...will pay 30% interest

Postby rodmathews » Wed Apr 27, 2016 1:55 pm

Ha! I don't think you would like the terms of my agreement paperwork.
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Re: wtb: Yamayork...will pay 30% interest

Postby bloke » Wed Apr 27, 2016 2:44 pm

rodmathews wrote:Ha! I don't think you would like the terms of my agreement paperwork.


As long as ANY default consequences come into effect forty years from now, go ahead and ship to the tuba.

I'm not worried about my "estate". President Sasha 0bama Pelosi (in her fifth term) will have eliminated the last of any inheritance.

...so I'm in the moment, friend... Ship the tuba. :|
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Re: wtb: Yamayork...will pay 30% interest

Postby rodmathews » Thu Apr 28, 2016 4:45 pm

Oh, don't worry. The agreement would be set up with the highest preference against the assets remaining in your estate (or trust) at the time of your death. The full amount of the balloon payment would come off the top of your assets (accelerated payment based on your "life event"), so estate taxes wouldn't come into play. There would also be restrictions on the treatment of your assets between now and that time to prevent any funny business, with the note being called in full based on certain events or changes in your balance sheet.

I'm really positive you wouldn't like the terms. ;-)
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Re: wtb: Yamayork...will pay 30% interest

Postby bloke » Thu Apr 28, 2016 4:54 pm

rodmathews wrote:Oh, don't worry. The agreement would be set up with the highest preference against the assets remaining in your estate (or trust) at the time of your death. The full amount of the balloon payment would come off the top of your assets (accelerated payment based on your "life event"), so estate taxes wouldn't come into play. There would also be restrictions on the treatment of your assets between now and that time to prevent any funny business, with the note being called in full based on certain events or changes in your balance sheet.

I'm really positive you wouldn't like the terms. ;-)


You see, I'm banking on the fact that either Trump or Clinton will be president, and all of that mess (you would stipulate: above) will be moot.
Ship the tuba.
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