Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain

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Do you know how hard it is call a plumber? (lemmy.world)

submitted 7 months ago by SeattleRain to c/housing_bubble_2

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cross-posted from: https://lemmy.dbzer0.com/post/18963881

Get rid of landlords...

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[–] pixxelkick 6 points 7 months ago (2 children)

You can in fact sell a house along with the mortgage. It’s not a fucking risk. Finding another buyer isn’t that big a problem as the demand is fucking huge

Tell me you've never actually sold a house without telling me you've never actually sold a house.

There's a mountain of paperwork, legalwork, fees, hiring, back and forth, inspections, certifications... etc etc involved.

If you seriously think it's "easy" to sell a property, you're clearly way to naive to even be participating in this convo in a meaningful way, as you have demonstrated effectively zero knowledge on the topic of realty.

[–] John_McMurray 0 points 7 months ago (1 children)

It's easy. Bought a house 2 years ago.

[–] pixxelkick 1 points 7 months ago

Buying a house is not the same as selling a house you have an outstanding mortgage on mate, lol

[–] LANIK2000 -3 points 7 months ago* (last edited 7 months ago) (1 children)

Again, there are companies to do it for you. All you HAVE to do is show up a dozen times and sign papers. Sure you might lose a bit of money in the process, but since we're talking "buying house money" the so called risk is negligible. We're talking the amount of money you could put on a savings account and the monthly yield on that alone would seriously affect how many hours you need to work.

[–] John_McMurray 2 points 7 months ago (1 children)

Doesn't even have to be much paperwork. I know what I'm looking at. Purchasing this property as a private sale was simply a matter of hiring a lawyer to do the paperwork and to confirm no liens or liabilities

[–] pixxelkick 0 points 7 months ago

Purchasing a house is not even close to the same as selling a house you have an outstanding mortgage on.

Getting into a mortgage is very easy.

Getting out of one on the other hand is much more of a pain in the ass.