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» Buyer for my house pulls out at the last minute
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post 1641913153 06-30-2021, 12:05 PM
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#91
  1. rectifryer
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Originally Posted By Globally
Did this actually make sense inside of that mirror polished silky smooth brain of yours?
Lmao someone done fukked up

Lmao

Honestly the only people that can't see what's happening are being emotional. Bond yields are raising. Mortgage interest rates HAVE TO RISE. It's done.
Boycott foodservice industry crew
post 1641913323 06-30-2021, 12:08 PM
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#92
  1. AWSbruh
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This is why I lol at people thinking all cash offers is king. You can probably put your house back on the market for 5-10k more anyway.
post 1641913583 06-30-2021, 12:11 PM
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#93
  1. mulletwarrior
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Originally Posted By Globally
Did this actually make sense inside of that mirror polished silky smooth brain of yours?
What exactly doesn't make sense. He is just saying that money is getting loaned out on collateral that is subject to other liens based on the assumption that the collateral has risen in value and will be sufficient to cover the prior and all new liens.
mo e
post 1641914253 06-30-2021, 12:19 PM
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#94
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Sorry to read about the buyer.

Why didnt your attorney insist ALL the money (as they were supposedly paying cash) be put in escrow for the house? They do this all the time, that way if something goes wrong the money is still there. They do it with deposits, etc....

The market will keep going up as long as the Fed does nothing with interest rates. The second they raise rates, watch out below. Both the stock market, commodities and housing is going to implode.
post 1641919923 06-30-2021, 01:40 PM
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#95
  1. rectifryer
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Originally Posted By mvitz
Sorry to read about the buyer.

Why didnt your attorney insist ALL the money (as they were supposedly paying cash) be put in escrow for the house? They do this all the time, that way if something goes wrong the money is still there. They do it with deposits, etc....

The market will keep going up as long as the Fed does nothing with interest rates. The second they raise rates, watch out below. Both the stock market, commodities and housing is going to implode.
Friend I keep hearing this but it is not true. Bonds are in direct competition with mortgage yields.
Boycott foodservice industry crew
post 1701946081 06-04-2024, 10:00 PM
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#96
  1. r32gojirra
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Originally Posted By N0stradumbass
I'm already seeing signs of the market cooling down. In about 6 months get ready to see mass defaults... Muthafccckers be offering $700K for a 1,200sqft shack... in what universe is a tool shack worth $700K and in what universe would the average American be able to pay a $700K mortgage with a 5% downpayment?


A correction is coming.
3 years later…

People have made millions in the real estate market…

And this clown still waits for the crash.

Lmao
post 1701946191 06-04-2024, 10:05 PM
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#97
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Originally Posted By rectifryer
Its not going to be a "correction"

the market was in a bubble to start with....

inb4 realtor ****s and loan originators come in to say that the market can't crash because its up over 100% lmao can you fukking believe these people?
Lmao

Foremost real estate expert? Give me a break, clown
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