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/biz/ - Business & Finance


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54135778 No.54135778 [Reply] [Original]

You are already underwater.

>> No.54135800

Fool I'm a vet
You can bet
That I can dance underwater
And not get wet, check it

>> No.54135883
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54135883

>>54135778
You've got to admit it's pretty kino that the cattle that allowed and encouraged first world leaders to tank the world economy over the wuhan flu are now forced to live in that economy. Every time I hear of something bad happening I wonder if the person it happened to was a cattlebeast. I inevitably conclude that the odds are that they were.

>> No.54135900

impossible I paid cash ten years ago

>> No.54135942
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54135942

>>54135778
>Hey boys, It's me! <3
>Your fun and quirky single mom
>I hope your ready for the investment opportunity of a life time because my 3 sons from different fathers are just so precious
>I only have a few hundred thousand in debt
>Are you ready to #Invest and profit from picking up the pieces
>Teehee

>> No.54136052

>>54135778
nah i paid 195k for the house and 6 acres. land is holding value well and there aren't many places around me that have a house and a handful of acres. pretty sure i could sell for 270k min. probably 300. going to sit and enjoy though, watering the grass all day today and st Augustine finally coming back. feels good

>> No.54136229
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54136229

>>54135778
The most popular mortgage over the last 3 years was the 7-year ARM. Thousands upon thousands of homes were sold with 5, 7, and 10 year adjustable rate mortgages. In the coming decade there will be waves of foreclosures and shortsales as rates stabilize at historic average of ~7-8% and those mortgages become unaffordable. People were buying 700k homes on 120k incomes. They will be absolutely BTFO.

>> No.54136236
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54136236

Now is not the time for fear...
That comes later

>> No.54137492
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54137492

>>54136236
That sounds pretty painful...

>> No.54137523

>>54135778
Would this lower my property taxes at least

>> No.54137600

>>54137492
U

>> No.54137681
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54137681

>>54137600
>Only 1 U

>> No.54137716

>>54135778
Yep! Been saying it since summer 2021. Anyone who's bought a house within the last 3-4 years is gonna get drowned.

>> No.54137732

>>54137523
Yeah, because the property (the woman and her liabilites) would be taxing on your soul.

>> No.54137795
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54137795

>>54135778
My zestim-ACKK!

>> No.54137833

>>54137716
I told my work buddy not to buy a house last year, to wait, and he went and bought a brand new $320k home on him and his wife's under $100k/y earnings and he laughed. I told him on Monday as a joke that he should buy a cabin tent, you know the 12 person one for him, his pregnant wife, and their 2 year old daughter. His laugh was only half heated lmao fucking panic buying retard

>> No.54137834
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54137834

>>54137732
Just IMAGINE having a woman screeching at you about losing the (3%) down payment.

>> No.54138250

>>54137833
I'm single with no kids making a cunt hair over $100k/yr and even $250k for a house seems like too much to me. I hate how acceptable it is to over leverage the fuck out of yourself these days

>> No.54138317
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54138317

>>54135800
it's rainin' bullets and I'm still there
young ghetto nigga in a wheelchair

>> No.54138506

>>54137523
Market value /= evaluation value
I hate on how the state can come along and say that your house often worth more than you can possibly sell it. Property taxes is a scam anyway

>> No.54138798

>>54138250
and we have to compete with the over leveraged dickheads, so they drag us down with them. i get to choose between slumlord landniggers and being raped by zestimates.

>> No.54138998

>>54135778
The delusion must be so real then, because I get realtor.com email alerts about “price increases” on homes I skimmed through before almost every day.
I have a feeling that these agencies/agents know what’s coming and are collectively trying to catch the knife.

>> No.54139085

>>54138998

It's a lack of supply atm. There are so many less homes on the market now. So shitty agents don't know how to price things and just throw out unreasonable prices to get the listing.

>> No.54139103

>>54138250
You would probably be fine with that house depending on down payment. General rule is that your mortgage + ins + taxes shouldn’t exceed 28% of your monthly gross. When I got mine the bank guy told me that they would approve it up to 40% and I told him that was absurd. He just chuckled and said “maybe”.

>> No.54139569

>>54135778
home devaluations only matter if you have to sell and end up still owing money after closing

>> No.54139771
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54139771

>>54135778
My zestimate is holding up sisters. needs to dump a further 37% for me to be underwater.

>> No.54140067

>>54137716
bank runs fears are over. back to the housing doom circle-jerk?

>> No.54140692

>>54138250
And you get dickall for $250k too

>> No.54140708

>>54139103
Gas yourself jew

>> No.54140723

>>54137833
lol yeah imagine wanting to fuck your wife and raise a family in a house for the next 30 years. total L. he should have stayed in an apt!

>> No.54141014

I bought a house cash 3 years ago. No problems here. Keep renting faggot.

>> No.54141074

Don't own a house since boomer greed.
No personal debt.

Yeah anyone who try to say I "owe" due to government spending gets filled by hot lead.

>> No.54141105

>>54137681
There are four zeros in his post though. Stop taking your meds.