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Who on earth would sell a home with a ~2% mortgage nowadays???

rates are never going as low again. even if you had to move...
slate principal's office karate
  02/19/24
cq
irradiated iridescent parlor
  02/19/24
in CA you would still be paying like 3x what it would rent f...
Mustard jew
  02/20/24
...
Wild Coiffed Locus Boiling Water
  02/19/24
What’s ur rate?
Grizzly Lodge Elastic Band
  02/19/24
People sell houses they own or inherit all the time. Being a...
glittery very tactful senate kitty cat
  02/19/24
...
Crystalline forum
  02/20/24
And the market of people who rent houses vs apartments or ju...
Provocative crawly tanning salon
  02/20/24
People using the equity to buy a bigger house. But you'r...
awkward light hunting ground
  02/19/24
none of you retarded bitch bois have 2% mortgages, get the f...
Fragrant umber national security agency
  02/19/24
https://i.imgur.com/rdLGgXu.jpg U mad?
Shimmering temple
  02/20/24
no one even buys houses anymore lmao
Trip menage
  02/19/24
...
Bronze philosopher-king goal in life
  02/19/24
For anyone with financing, a house literally costs 3X as muc...
awkward light hunting ground
  02/19/24
no it does not
Fragrant umber national security agency
  02/19/24
?
awkward light hunting ground
  02/20/24
what part was unclear? the "no" the "it"...
Fragrant umber national security agency
  02/20/24
Are you saying houses don't cost 3x as much? Because in many...
awkward light hunting ground
  02/20/24
I have just under 3% and will probably never sell this place...
contagious roast beef
  02/19/24
No house with a sub-3% mortgage will ever be sold. It will ...
Black nursing home digit ratio
  02/20/24
They sell all the time in my city. People move, get divorced...
glittery very tactful senate kitty cat
  02/20/24
those are all mistakes imo.
Kink-friendly office
  02/20/24
You're mistaken. That doesn't happen.
Black nursing home digit ratio
  02/20/24
If you have to move you just rent your house out. You don't ...
contagious roast beef
  02/20/24
Paid off and never selling.
drab gaping foreskin
  02/20/24
What kind of poormo has to take on a home mortgage lmao
Ivory Pervert Knife
  02/20/24
At sub 3% you would be dumb not to.
contagious roast beef
  02/20/24
...
Shimmering temple
  02/20/24
...
Henna Laughsome Parlour
  04/30/24
For all the people saying you'd just rent it out if you have...
glittery very tactful senate kitty cat
  04/30/24


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Reply Favorite

Date: February 19th, 2024 10:49 PM
Author: slate principal's office karate

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)



Reply Favorite

Date: February 19th, 2024 11:22 PM
Author: irradiated iridescent parlor

cq

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47418982)



Reply Favorite

Date: February 20th, 2024 1:32 AM
Author: Mustard jew

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

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419274)



Reply Favorite

Date: February 19th, 2024 10:51 PM
Author: Wild Coiffed Locus Boiling Water



(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47418901)



Reply Favorite

Date: February 19th, 2024 11:15 PM
Author: Grizzly Lodge Elastic Band

What’s ur rate?

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47418972)



Reply Favorite

Date: February 19th, 2024 11:32 PM
Author: glittery very tactful senate kitty cat

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)



Reply Favorite

Date: February 20th, 2024 12:02 AM
Author: Crystalline forum



(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419088)



Reply Favorite

Date: February 20th, 2024 12:06 AM
Author: Provocative crawly tanning salon

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)



Reply Favorite

Date: February 19th, 2024 11:33 PM
Author: awkward light hunting ground

People using the equity to buy a bigger house.

But you're right that it is dumb. You're basically throwing money away.

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419011)



Reply Favorite

Date: February 19th, 2024 11:34 PM
Author: Fragrant umber national security agency

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)



Reply Favorite

Date: February 20th, 2024 2:06 AM
Author: Shimmering temple

https://i.imgur.com/rdLGgXu.jpg

U mad?

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419290)



Reply Favorite

Date: February 19th, 2024 11:35 PM
Author: Trip menage

no one even buys houses anymore lmao

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419016)



Reply Favorite

Date: February 19th, 2024 11:44 PM
Author: Bronze philosopher-king goal in life



(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419042)



Reply Favorite

Date: February 19th, 2024 11:48 PM
Author: awkward light hunting ground

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...

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419048)



Reply Favorite

Date: February 19th, 2024 11:53 PM
Author: Fragrant umber national security agency

no it does not

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419064)



Reply Favorite

Date: February 20th, 2024 12:00 AM
Author: awkward light hunting ground

?

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419083)



Reply Favorite

Date: February 20th, 2024 12:03 AM
Author: Fragrant umber national security agency

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)



Reply Favorite

Date: February 20th, 2024 1:06 AM
Author: awkward light hunting ground

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...



(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419242)



Reply Favorite

Date: February 19th, 2024 11:58 PM
Author: contagious roast beef

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)



Reply Favorite

Date: February 20th, 2024 12:05 AM
Author: Black nursing home digit ratio

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)



Reply Favorite

Date: February 20th, 2024 12:07 AM
Author: glittery very tactful senate kitty cat

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: Kink-friendly office

those are all mistakes imo.

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419115)



Reply Favorite

Date: February 20th, 2024 12:36 AM
Author: Black nursing home digit ratio

You're mistaken. That doesn't happen.

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419196)



Reply Favorite

Date: February 20th, 2024 1:42 AM
Author: contagious roast beef

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)



Reply Favorite

Date: February 20th, 2024 12:41 AM
Author: drab gaping foreskin

Paid off and never selling.

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419206)



Reply Favorite

Date: February 20th, 2024 12:52 AM
Author: Ivory Pervert Knife

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)



Reply Favorite

Date: February 20th, 2024 1:42 AM
Author: contagious roast beef

At sub 3% you would be dumb not to.

(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419280)



Reply Favorite

Date: February 20th, 2024 2:09 AM
Author: Shimmering temple



(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47419291)



Reply Favorite

Date: April 30th, 2024 4:51 PM
Author: Henna Laughsome Parlour



(http://www.autoadmit.com/thread.php?thread_id=5493409&forum_id=2#47622281)



Reply Favorite

Date: April 30th, 2024 4:55 PM
Author: glittery very tactful senate kitty cat

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)