• 0 Posts
  • 52 Comments
Joined 10 months ago
cake
Cake day: August 24th, 2023

help-circle


  • stevehobbes@lemm.eetoWholeSomeMemes@lemmy.mlProud parents
    link
    fedilink
    arrow-up
    13
    arrow-down
    1
    ·
    8 months ago

    I don’t think you’ve got it here bub. All effort does deserve praise. If your kid tried their best in an audition and is a tree and they continue to try despite it not being what they want either, then you praise them for trying so hard to be an awesome tree.

    If your kid isn’t trying, you aren’t praising effort anyway.

    Maybe there’s 5 kids that excel at drama in their 1st grade class. Who knows why. But if they tried and are a tree, so be it.









  • That isn’t quite right. If you stopped paying the bank would kick you out and sell the apartment to someone else, but if they get less than you owe them for it, they will also send you a bill for the remainder.

    And then sue you to get that money.

    Interestingly, if they get more than you owe them for it, they will cut you a check for the difference.

    But you are actually wrong about how and what the order of operations is.

    You are buying the house, the lender (bank) writes the check directly to the seller, and you sign a mortgage agreement for that much with the bank and they put a lien on your house. The bank does not own the house, you do. The bank owns a promissory note from you, backed by your personal wealth and credit and the value of the house (that they have a lien on).

    In the case of Twitter, yes, Twitter itself is part of the collateral, but so was Elon musks personal wealth and Tesla shares.