• pixxelkick@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    6 months ago

    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.

    • LANIK2000@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      6 months ago

      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@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        6 months ago

        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@lemmy.world
          link
          fedilink
          English
          arrow-up
          0
          ·
          6 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.

      • pixxelkick@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        6 months ago

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