cross-posted from: https://lemmy.dbzer0.com/post/18963881
Get rid of landlords...
this post was submitted on 03 Jul 2024
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Housing Bubble 2: Return of the Ugly
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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.
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
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.