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Who on earth would sell a home with a ~2% mortgage nowadays???
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Date: February 19th, 2024 10:49 PM Author: elite obsidian corn cake property rates are never going as low again. even if you had to move you could probably rent that shit and make a profit. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47418886) |
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Date: February 19th, 2024 11:22 PM Author: Kink-friendly stag film new version cq (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47418982) |
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Date: February 20th, 2024 1:32 AM Author: Excitant rigor pocket flask in CA you would still be paying like 3x what it would rent for even on a 2% mortgage
you’re competing with houses owned by boomers who bought them for $10k and pay $15 in property tax per year |
Date: February 19th, 2024 10:51 PM Author: Frisky wrinkle tank (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47418901) |
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Date: February 19th, 2024 11:15 PM Author: autistic aromatic dragon What’s ur rate? (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47418972) |
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Date: February 19th, 2024 11:32 PM Author: chestnut doobsian trust fund People sell houses they own or inherit all the time. Being a landlord or finding a manager you trust is a hassle most people want to avoid. Rental houses often require expensive renovations after tenants wear everything out. It's less of a headache to just sell for most people (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419009) |
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Date: February 20th, 2024 12:02 AM Author: Vivacious unholy hospital immigrant (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419088) |
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Date: February 20th, 2024 12:06 AM Author: magenta underhanded background story nowag And the market of people who rent houses vs apartments or just buy is not one I'd want to deal with (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419101) |
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Date: February 19th, 2024 11:33 PM Author: Histrionic Smoky Point Mood People using the equity to buy a bigger house.
But you're right that it is dumb. You're basically throwing money away. |
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Date: February 19th, 2024 11:34 PM Author: Drab pistol none of you retarded bitch bois have 2% mortgages, get the fuck out of here (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419014) |
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Date: February 20th, 2024 2:06 AM Author: Onyx trip range https://i.imgur.com/rdLGgXu.jpg
U mad? |
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Date: February 19th, 2024 11:35 PM Author: Copper cumskin no one even buys houses anymore lmao (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419016) |
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Date: February 19th, 2024 11:44 PM Author: soul-stirring digit ratio (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419042) |
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Date: February 19th, 2024 11:48 PM Author: Histrionic Smoky Point Mood For anyone with financing, a house literally costs 3X as much as it did 3 years ago.
I don't understand how this isn't a bigger issue. Like 95% of American homeowners can't afford to move... |
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Date: February 19th, 2024 11:53 PM Author: Drab pistol no it does not (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419064) |
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Date: February 20th, 2024 12:00 AM Author: Histrionic Smoky Point Mood ? (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419083) |
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Date: February 20th, 2024 12:03 AM Author: Drab pistol what part was unclear? the "no" the "it" the "does" or the "not" ?? ? ? (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419089) |
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Date: February 20th, 2024 1:06 AM Author: Histrionic Smoky Point Mood Are you saying houses don't cost 3x as much? Because in many (if not most) parts of the country they do.
My house went from $500k to $800k in avlue.
500k at 2.75% is $2,000 a month.
800k at 7% is $6,000 a month....
Perhaps you'll be able to refinance that higher rate - but that's really just a bet and it won't be for some years and you probably will have moved by then...
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Date: February 19th, 2024 11:58 PM Author: Multi-colored Buck-toothed Round Eye I have just under 3% and will probably never sell this place. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419079) |
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Date: February 20th, 2024 12:05 AM Author: deranged hall multi-billionaire No house with a sub-3% mortgage will ever be sold. It will be 15-20 years before any owner occupied houses are sold again. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419093) |
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Date: February 20th, 2024 12:07 AM Author: chestnut doobsian trust fund They sell all the time in my city. People move, get divorced, get sick and die, etc. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419105) |
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Date: February 20th, 2024 12:11 AM Author: motley insane plaza those are all mistakes imo. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419115) |
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Date: February 20th, 2024 12:36 AM Author: deranged hall multi-billionaire You're mistaken. That doesn't happen. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419196) |
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Date: February 20th, 2024 1:42 AM Author: Multi-colored Buck-toothed Round Eye If you have to move you just rent your house out. You don't sell it. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419279) |
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Date: February 20th, 2024 12:41 AM Author: Cyan Pit Paid off and never selling. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419206) |
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Date: February 20th, 2024 12:52 AM Author: boyish center shitlib What kind of poormo has to take on a home mortgage lmao (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419214) |
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Date: February 20th, 2024 1:42 AM Author: Multi-colored Buck-toothed Round Eye At sub 3% you would be dumb not to. (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419280) |
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Date: February 20th, 2024 2:09 AM Author: Onyx trip range (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419291) |
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Date: April 30th, 2024 4:51 PM Author: mint heady public bath death wish (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47622281) |
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Date: April 30th, 2024 4:55 PM Author: chestnut doobsian trust fund For all the people saying you'd just rent it out if you have to move -- maintaining a whole house rental especially if you're out of state and have to trust a manager seems like a pain in the ass. And you're on the hook for long term maintenance and the heavy wear and tear renters impose. Seems like the CR would be to just sell to get rid of the liability (http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47622305) |