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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...
exhilarant brindle cruise ship
  02/19/24
cq
Beady-eyed Insane Toaster
  02/19/24
in CA you would still be paying like 3x what it would rent f...
henna hissy fit
  02/20/24
...
sepia gas station
  02/19/24
What’s ur rate?
flushed volcanic crater
  02/19/24
People sell houses they own or inherit all the time. Being a...
Cream school mediation
  02/19/24
...
frozen electric market
  02/20/24
And the market of people who rent houses vs apartments or ju...
razzle magical chapel associate
  02/20/24
People using the equity to buy a bigger house. But you'r...
autistic violet laser beams jewess
  02/19/24
none of you retarded bitch bois have 2% mortgages, get the f...
shimmering razzmatazz dilemma background story
  02/19/24
https://i.imgur.com/rdLGgXu.jpg U mad?
violent goal in life filthpig
  02/20/24
no one even buys houses anymore lmao
glittery amber preventive strike
  02/19/24
...
Appetizing corn cake temple
  02/19/24
For anyone with financing, a house literally costs 3X as muc...
autistic violet laser beams jewess
  02/19/24
no it does not
shimmering razzmatazz dilemma background story
  02/19/24
?
autistic violet laser beams jewess
  02/20/24
what part was unclear? the "no" the "it"...
shimmering razzmatazz dilemma background story
  02/20/24
Are you saying houses don't cost 3x as much? Because in many...
autistic violet laser beams jewess
  02/20/24
I have just under 3% and will probably never sell this place...
Heady Fishy Jap
  02/19/24
No house with a sub-3% mortgage will ever be sold. It will ...
Cracking ape
  02/20/24
They sell all the time in my city. People move, get divorced...
Cream school mediation
  02/20/24
those are all mistakes imo.
vibrant fortuitous meteor business firm
  02/20/24
You're mistaken. That doesn't happen.
Cracking ape
  02/20/24
If you have to move you just rent your house out. You don't ...
Heady Fishy Jap
  02/20/24
Paid off and never selling.
hairraiser sooty lettuce resort
  02/20/24
What kind of poormo has to take on a home mortgage lmao
Ocher provocative personal credit line area
  02/20/24
At sub 3% you would be dumb not to.
Heady Fishy Jap
  02/20/24
...
violent goal in life filthpig
  02/20/24
...
jade dashing location knife
  04/30/24
For all the people saying you'd just rent it out if you have...
Cream school mediation
  04/30/24


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Reply Favorite

Date: February 19th, 2024 10:49 PM
Author: exhilarant brindle cruise ship

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: Beady-eyed Insane Toaster

cq

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



Reply Favorite

Date: February 20th, 2024 1:32 AM
Author: henna hissy fit

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: sepia gas station



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



Reply Favorite

Date: February 19th, 2024 11:15 PM
Author: flushed volcanic crater

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: Cream school mediation

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: frozen electric market



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



Reply Favorite

Date: February 20th, 2024 12:06 AM
Author: razzle magical chapel associate

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: autistic violet laser beams jewess

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: shimmering razzmatazz dilemma background story

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: violent goal in life filthpig

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: glittery amber preventive strike

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: Appetizing corn cake temple



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



Reply Favorite

Date: February 19th, 2024 11:48 PM
Author: autistic violet laser beams jewess

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: shimmering razzmatazz dilemma background story

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: autistic violet laser beams jewess

?

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



Reply Favorite

Date: February 20th, 2024 12:03 AM
Author: shimmering razzmatazz dilemma background story

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: autistic violet laser beams jewess

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: Heady Fishy Jap

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: Cracking ape

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: Cream school mediation

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)



Reply Favorite

Date: February 20th, 2024 12:11 AM
Author: vibrant fortuitous meteor business firm

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: Cracking ape

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: Heady Fishy Jap

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: hairraiser sooty lettuce resort

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: Ocher provocative personal credit line area

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: Heady Fishy Jap

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: violent goal in life filthpig



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



Reply Favorite

Date: April 30th, 2024 4:51 PM
Author: jade dashing location knife



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



Reply Favorite

Date: April 30th, 2024 4:55 PM
Author: Cream school mediation

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)