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I stop at the gas station today to get gas, the sign says $3.63 per gallon, so I pull up, put in my check card in as usual, when it says I need to enter my pin, normally I can run it as credit, but a small sign says ATM or debit only. This station used to charge a 45 cent fee to use your debit card, that is why I always run it as credit, there used to be clearly marked signs that say there is a 45 cent fee, I look around, and there is no sign any more, so I made the mistake of assuming they no longer charge this fee, since there is no sign anywhere saying they do. I fill up my tank, $41.00 on the button, I am good! Print receipt, total on the receipt is $41.45 – 45 cent fee for using the debit. They always find a way to screw ya! I will NEVER fill up at this station or any other AM/PM EVER again.

Who charges a fee for using a debit card at a gas station? I've never seen that before.

ThatGuy wrote:Who charges a fee for using a debit card at a gas station? I've never seen that before.

Check your receipts......

I always check my reciepts and haven't even been hit w/ a fee like that.

Got a question for you wart, how bad is the housing market out there? My wifes sister lives in a suburb of Phoenix and she said there are forclosures everywhere. She said a house that cost over 200k a couple years ago is being sold by a bank for 109k. Is it that bad out there?

cardinalkarp wrote:I always check my reciepts and haven't even been hit w/ a fee like that.

Got a question for you wart, how bad is the housing market out there? My wifes sister lives in a suburb of Phoenix and she said there are forclosures everywhere. She said a house that cost over 200k a couple years ago is being sold by a bank for 109k. Is it that bad out there?

My wifes cousin bought a house out here for $440,000, she is the middle of a short sale, the offer the bank accepted was $220,000 the house depreceated $220,000 in 2 years. It is just terrible here. Houses went from $200 grand up to $400 grad and back down to $200 grand in the span of about 4 years. On my block alone there are 4 houses for sale, all are in forclosure, in my entire subdivsion I would guess at least 25 to 30% of the homes are in foreclosure.

wart57 wrote:

cardinalkarp wrote:I always check my reciepts and haven't even been hit w/ a fee like that.

Got a question for you wart, how bad is the housing market out there? My wifes sister lives in a suburb of Phoenix and she said there are forclosures everywhere. She said a house that cost over 200k a couple years ago is being sold by a bank for 109k. Is it that bad out there?

My wifes cousin bought a house out here for $440,000, she is the middle of a short sale, the offer the bank accepted was $220,000 the house depreceated $220,000 in 2 years. It is just terrible here. Houses went from $200 grand up to $400 grad and back down to $200 grand in the span of about 4 years. On my block alone there are 4 houses for sale, all are in forclosure, in my entire subdivsion I would guess at least 25 to 30% of the homes are in foreclosure.

That's just crazy. If I had extra money now would be the time to invest in some real estate.

She said a 4 bed, 2 bath house (2500 sq. ft.) is going for about 100k. That's insanely cheap.

cardinalkarp wrote:

wart57 wrote:

cardinalkarp wrote:I always check my reciepts and haven't even been hit w/ a fee like that.

Got a question for you wart, how bad is the housing market out there? My wifes sister lives in a suburb of Phoenix and she said there are forclosures everywhere. She said a house that cost over 200k a couple years ago is being sold by a bank for 109k. Is it that bad out there?

My wifes cousin bought a house out here for $440,000, she is the middle of a short sale, the offer the bank accepted was $220,000 the house depreceated $220,000 in 2 years. It is just terrible here. Houses went from $200 grand up to $400 grad and back down to $200 grand in the span of about 4 years. On my block alone there are 4 houses for sale, all are in forclosure, in my entire subdivsion I would guess at least 25 to 30% of the homes are in foreclosure.

That's just crazy. If I had extra money now would be the time to invest in some real estate.

She said a 4 bed, 2 bath house (2500 sq. ft.) is going for about 100k. That's insanely cheap.

Sounds about right, my homes value has dropped by about $100 grand, sure hope it changes soon. If I had any money, I would be buying too!

Just like during a downturn in the stock market, a large downturn in the housing market is the perfect time to buy...opportunities for fortunes to be made are there for those who know what to look for.

Alas, I am a poor grad student who probably thinks he knows more than he truly does...

Agreed as to good time to buy. Just remember that prices were artificially inflated severely before this downturn by an influx of financially unsavvy buyers who had no money and were playing entirely with someone else's scrilla. They call these market adjustments corrections for a reason.

lukethedrifter wrote:Agreed as to good time to buy. Just remember that prices were artificially inflated severely before this downturn by an influx of financially unsavvy buyers who had no money and were playing entirely with someone else's scrilla. They call these market adjustments corrections for a reason.

But I would guess a 2500 sq. ft. house w/ 4 bdrm and 2 bth for 109k is a great deal in any market.