or Connect
Styleforum › Forums › Men's Style › Classic Menswear › The official thrift/discount store bragging thread
New Posts  All Forums:Forum Nav:

The official thrift/discount store bragging thread - Page 4641

post #69601 of 114516

nice job on the dior!

post #69602 of 114516

No thrift-thread buying (or otherwise) for me for the foreseeable, I think. We're meeting with a mortgage broker today to "go over our options," which apparently include a sweet no-money-down, no PMI, low interest deal because of I don't know. 

 

Any advice from the homeowners in the crowd?

post #69603 of 114516
Found some cool stuff yesterday. Some available, some not.
Warning: Spoiler! (Click to show)
Ridic. selvedge Jil Sander jacket, NA.

4.jpg?w=370&h=
5.jpg?w=370&h=
6.jpg?w=370&h=

Real nice BB houndstooth. Doubel vented, elbow patches, very recent. NA

1.jpg?w=370&h=
2.jpg?w=370&h=
3.jpg?w=370&h=

M by Marc Jacobs parka, doesn't fit, wish it did. Available for trade.

7.jpg?w=370&h=
8.jpg?w=370&h=

Pair of J Press 3/2 staple gray sacks. Around a 38, available.

9.jpg?w=370&h=
10.jpg?w=700&h=

Slim Fit navy CT navy jacket, DV, ticket pocket, surgeon's cuffs, 42L, available

11.jpg?w=370&h=
11.jpg?w=370&h=
post #69604 of 114516
Advice: be careful. On first blush, that loan sounds a bit like the ones that got us into a housing/credit crisis.
post #69605 of 114516
Quote:
Originally Posted by ATLjon View Post

No thrift-thread buying (or otherwise) for me for the foreseeable, I think. We're meeting with a mortgage broker today to "go over our options," which apparently include a sweet no-money-down, no PMI, low interest deal because of I don't know. 

 

Any advice from the homeowners in the crowd?

 

First question: Fixed interest rate or adjustable?  If adjustable, stay away.

post #69606 of 114516
Quote:
Originally Posted by concealed View Post

 

First question: Fixed interest rate or adjustable?  If adjustable, stay away.


  Fixed. And I know that deal sounds like exactly what got the country into its real estate mess, but after reading this, I was breathing a bit easier.

 

http://www.bizjournals.com/baltimore/news/2013/04/23/navy-federal-credit-union-pushes.html

 

 

Quote:

Why aren't they seeing high defaults?

There are major differences between Navy Federal's loans and those made by subprime lenders ahead of the last downturn, which often set borrowers up to fail. Those subprime loans often were interest only, where borrowers weren't paying down the principal. Those loans also often featured introductory teaser rates that reset after a few years, causing monthly payments to increase dramatically. Navy Federal doesn't do that kind of thing. It's a nonprofit with the mission of serving its members, who all have ties to the U.S. military or the U.S. Department of Defense.

It's also a matter of incentives. While the subprime brokers of yesteryear collected their transaction fees up front before passing all the risk off to the secondary market, Navy Federal keeps all of these 100 percent financed mortgages on its books. So it has a major stake in making sure borrowers can pay them back.

post #69607 of 114516
Quote:
Originally Posted by horse's_ass View Post

Found some cool stuff yesterday. Some available, some not.

Ridic. selvedge Jil Sander jacket, NA.

4.jpg?w=370&h=
5.jpg?w=370&h=
6.jpg?w=370&h=
Deserves to be unspoilered. Hook me up with the auction link if this ends up on eBay
post #69608 of 114516
Quote:
Originally Posted by ATLjon View Post

No thrift-thread buying (or otherwise) for me for the foreseeable, I think. We're meeting with a mortgage broker today to "go over our options," which apparently include a sweet no-money-down, no PMI, low interest deal because of I don't know. 

Any advice from the homeowners in the crowd?

If you're not putting 20% down, it's likely an FHA loan which comes with monthly fees, the same concept as PMI, but it's not called "PMI." My guess is that he's playing a word game.
post #69609 of 114516
Hans - score on the Dior jeans!
Quote:
Originally Posted by ATLjon View Post

No thrift-thread buying (or otherwise) for me for the foreseeable, I think. We're meeting with a mortgage broker today to "go over our options," which apparently include a sweet no-money-down, no PMI, low interest deal because of I don't know. 

Any advice from the homeowners in the crowd?

From someone who is currently in the process of buying a house, you might want to steer clear of that deal. Sounds like a too good to be true situation that likely has a catch somewhere. We ended up going conventional because it was the best route for us. With that said, it really is different from person to person. Everyone's situation is different.
Edited by Nataku - 4/26/13 at 1:33pm
post #69610 of 114516
Quote:
Originally Posted by suited View Post


If you're not putting 20% down, it's likely an FHA loan which comes with monthly fees, the same concept as PMI, but it's not called "PMI." My guess is that he's playing a word game.

 

 

Well, this is the information I have. I'll know more in a few hours:

 

HomeBuyers Choice 30 Year

Assumes a down payment of $0. Ideal for the first-time homebuyer. A fixed interest rate with no money down and no PMI. HomeBuyer's Choice conforming loans are subject to an additional 1.75% funding fee, which may be financed up to a max LTV of 101.75%. Get the security of a stable interest rate for the life of the loan.

 

(There are varying interest rates, which can be had for varying amounts of points, up to 2 percent. Origination fee of 1 percent.)

post #69611 of 114516
In the field, this made me laugh.

post #69612 of 114516
Quote:
Originally Posted by HansderHund View Post

A few pickups from this week. As always, terrible photos. Are they compressed significantly when they're uploaded? Am I an idiot? They look absolutely terrible.

Though I've never found Dior jeans, I think these are real. Can anyone confirm that? I'd love to learn how to read the serial numbers to come up with the date!

Nice! Those look just like the ones I found, which were also pretty worn, but they still sold for $$$.

@Nataku, nice job on the Chloe! Mainline to boot!
post #69613 of 114516

Great day today. Here are probably my two gems for the day.

 

Vass Budapest

 

Both Available

 

 

 

 

 

 

 

 

 

 

 


Edited by rhz5001 - 4/26/13 at 3:49pm
post #69614 of 114516

rhz - those Vass's are sick.  sweeeet find.

 

Atljon - Despite being a homeowner, I don't know enough about the housing industry to say that theres a catch, but something feels off.  Are you getting the house at significantly below market value?  If there is instant equity in the home (for instance, buying a house that should sell for 100k at a price of 80k) then maybe I could see it.

post #69615 of 114516
Quote:
Originally Posted by Digmenow View Post
Warning: Spoiler! (Click to show)

Quote: Originally Posted by Dolfan954 View Post


...
And I found these Ferragamo cap toes in my size. Quality felt decent for a beater pair (and at the price of $4). They are in very good condition minus a pretty obvious gash on a toe. Any suggestions for minimizing how this shows? (Click to hide)


 

 



 

You can use droplets of water mixed with wax (Kiwi) polish to build up enough wax to make it almost invisible. It takes a while but I've done it. You can sometimes save some time by applying a LOT of wax and then passing it near a flame source (cigarette lighter) to melt the wax and then buff, buff buff.

Follow up to this. Shout out to Dig for this advice. I finally go around to trying this out. Still have a little spot to clear up and some more buffing but these went from completely gashed and almost unwearable to have to look really closely to see the spot. Thanks for the tip!

 

New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Classic Menswear
Styleforum › Forums › Men's Style › Classic Menswear › The official thrift/discount store bragging thread