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Forum » I bought my expensive 700k home that’s worth 300k if I tried to sold now.
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Thread: I bought my expensive 700k home that’s worth 300k if I tried to sold now.

post 1669426383 10-13-2022, 01:53 PM
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#31
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But it’s ok boyos I’m locked in at 3 percent. Lol lol

No mention they mention that inflation has gone up 30 percent.
No mention thus I’m now an incel and have to take some fat 3 kid single mom out on dates
No mention that I have maintanance costs, Karen HOA costs.
No mention that these brand new builds are designed to be knocked down in 10 years.

I’ll keep rentchadding in the city, I smashing tight. Single global pussy

Anyone who bought in past 2 years got scammed good.
post 1669426483 10-13-2022, 01:54 PM
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#32
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Classic RENTcel cope thread
Browns/Indians/Cavs/Buckeyes
High Test Crew
post 1669426733 10-13-2022, 01:58 PM
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#33
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Reality:

You are a broke rentcel
post 1669426743 10-13-2022, 01:58 PM
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Nothing better than a rentcel cope thread
post 1669426783 10-13-2022, 01:59 PM
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#35
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meanwhile at my house


post 1669426893 10-13-2022, 02:00 PM
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REEEEEEEEEEEEEEntcel cope coming early this month.
post 1669427073 10-13-2022, 02:01 PM
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#37
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Originally Posted By OffwhiteBrah⏩
meanwhile at my house


Wtf!? Those are awesome! Very well done! Xenogears is my favorite game
post 1669427133 10-13-2022, 02:02 PM
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#38
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38 and still renting. Lol what a retarded loser.
I probably banged your mom.

Eat the whole animal like a real man.
post 1669427193 10-13-2022, 02:04 PM
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#39
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Originally Posted By GeezersPalace⏩
But it’s ok boyos I’m locked in at 3 percent. Lol lol

No mention they mention that inflation has gone up 30 percent.
No mention thus I’m now an incel and have to take some fat 3 kid single mom out on dates
No mention that I have maintanance costs, Karen HOA costs.
No mention that these brand new builds are designed to be knocked down in 10 years.

I’ll keep rentchadding in the city, I smashing tight. Single global pussy

Anyone who bought in past 2 years got scammed good.
The only true part of this entire rant. Its crazy people dont realize this. Im lucky in that I bought a 70s house. It has brick vaneer and built like a tank.
post 1669427273 10-13-2022, 02:06 PM
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#40
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It's only worth what someone is willing andableto pay....

Just because redfin says it's worth $X doesn't mean anyone is gonna pay $X.


My schtick has always been to lowball every buy offer I make - cars, houses, tech, gear....everything... people either accept it or find someone else that can pay... I don't lose sleep over it and will find my 60% somewhere else...
Everything I post is satire.
Tricknology Grand Master.
post 1669427323 10-13-2022, 02:06 PM
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#41
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Originally Posted By Guyfawkes1010⏩
The only true part of this entire rant. Its crazy people dont realize this. Im lucky in that I bought a 70s house. It has brick vaneer and built like a tank.
Lol at the mortgagecel cope here. Picking and choosing the delusion.
post 1669427563 10-13-2022, 02:10 PM
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#42
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post 1669427813 10-13-2022, 02:16 PM
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#43
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Originally Posted By N0stradamus⏩
It's only worth what someone is willing andableto pay....

Just because redfin says it's worth $X doesn't mean anyone is gonna pay $X.
redfin and zillow and such use comps to come up with the square footage value and then extrapolate that into what its worth. So lets say your neighbors 3,000SF house sold for $300,000 and you have a 4,000SF house. Zillow gonna say your house is worth $400,000. Zillow may not know though that 1,000 of your square feet is in a basement, and demand for houses so large is not as high as for houses that are 3,000SF. So in reality your home is maybe worth $370,000. Just sample numbers to make the point obvy.

So while there is plenty of room for error, its generally going to be an accurate representation of what most properties were worth a month or two ago, except in cases like above. Obviously its going to lag in an inclining or declining market and the faster the incline/decline the more the error.
post 1669428143 10-13-2022, 02:23 PM
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#44
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Originally Posted By Retoaded⏩
redfin and zillow and such use comps to come up with the square footage value and then extrapolate that into what its worth. So lets say your neighbors 3,000SF house sold for $300,000 and you have a 4,000SF house. Zillow gonna say your house is worth $400,000. Zillow may not know though that 1,000 of your square feet is in a basement, and demand for houses so large is not as high as for houses that are 3,000SF. So in reality your home is maybe worth $370,000. Just sample numbers to make the point obvy.

So while there is plenty of room for error, its generally going to be an accurate representation of what most properties were worth a month or two ago, except in cases like above. Obviously its going to lag in an inclining or declining market and the faster the incline/decline the more the error.
It does not matter what redfin or zillow say, the only thing that matters is what I'm willing to pay...... If I don't get my 60% discount at place A, then I'll move onto to place B, or I can hold off and not make a move and just chill....


The ones who don't have options are the buffoons who got pressured by their wives to take a mortgage they can't afford because the wife was FOMOing during the pandemic..... and with layoffs, energy price increases and property tax bills incoming, their time is ticking...
Everything I post is satire.
Tricknology Grand Master.
post 1669428313 10-13-2022, 02:27 PM
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#45
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Originally Posted By N0stradamus⏩
It does not matter what redfin or zillow say, the only thing that matters is what I'm willing to pay...... If I don't get my 60% discount at place A, then I'll move onto to place B, or I can hold off and not make a move and just chill....


The ones who don't have options are the buffoons who got pressured by their wives to take a mortgage they can't afford because the wife was FOMOing during the pandemic..... and with layoffs, energy price increases and property tax bills incoming, their time is ticking...
100% truth also. But that is for you and for property owner A and property owner B. Zillow and redfin are pulling data from thousands of statistics and doing math equations that are generally going to be accurate, again, to what the value of your home was a couple months because that is when the comps sold.

In my area, inventory is low, but like you say most people are waiting it out for property values to fall. I am looking to move downtown in my city but no way in hell I'm gonna do it right now.
post 1669428733 10-13-2022, 02:34 PM
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#46
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[QUOTE=leafs43 post_id=1669427563][ig]https://i.imgflip.com/6wt69y.jpg[/img][/QUOTE][img]https://i.imgur.com/Rw7jWTu.gif[/img]
post 1669429223 10-13-2022, 02:40 PM
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#47
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Originally Posted By TugOfPeace⏩
touche.. can't argue with this, even as a rentcel
Wow, didn't know only 8% of my payment goes to the bank and 82% goes straight to equity.

Can someone confirm how that work? Would love to see the mortgage amortization schedule that proves this! Exciting news.

Also, didn't know I had to pay 50k in closing costs to rent my place and another 6% of value when I want to move out.
post 1669429233 10-13-2022, 02:40 PM
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#48
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Just because you abjectly failed at buying a house doesn't make you a 'rent chad' lmfao
*Look at reflection in car window and flex every time crew*
*Use half the roll to wipe after a poo crew*
*Fart in the gym and blame rotten smell on faulty ventilation crew*
*Fart at home and blame it on the dog crew*
*Watch neutron-star density poop mock me as water flushes around it and it stays put crew*
*Drive 2 minutes in the summer and back of shirt gets completely wet crew*
*Coffee black as midnight on a moonless night crew*
*Fat shame my cat on a daily basis crew*
post 1669430563 10-13-2022, 03:07 PM
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#49
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Ok OP.


Rents due in 2 weeks or good luck under the bridge.
☆ Member of the Brave 767 crew ☆ Never forget.
-Florida Gators-
post 1669430743 10-13-2022, 03:12 PM
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#50
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The rentcel gigacope on this forum is clear:

They think that Lords of the Land necessarily bought homes in the past few years. And, if so, that they must need to sell, as if they don't have plebs paying sky high rents already to pay for their investments for them. Plus tributes.

So much copium - it's crazy.
post 1669430923 10-13-2022, 03:16 PM
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#51
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I don't even know how rentcels can argue that buying a house isn't a financially better options 99/100 times. Flexibility? If you own 3 properties that you rent out you can still live in another rented place, have your own rent covered and a lot more on top.
post 1669430983 10-13-2022, 03:18 PM
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#52
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Originally Posted By Retoaded⏩
REEEEEEEEEEEEEEntcel cope coming early this month.
18 more days
🤡 Honk-Pilled 🤡
🏎️ Race-Pilled 🏎️
post 1669431773 10-13-2022, 03:39 PM
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#53
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Those who paid well over actual market value are idiots. Even though yeah, some homes were selling for way over, the fact is that wasn't always the case. Nobody bought a house that is only worth 300 for 700, maybe 400 for a 350K because the bank approved because they know they will get their money back, fuk your down payment.

Rent is due in 18 days bud.
post 1669431983 10-13-2022, 03:43 PM
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#54
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Lmao I thought these rentcuck threads were only allowed in the last week of the month

Did the rent increase notices go out or what?
Originally Posted By N0stradamus⏩
It's only worth what someone is willing andableto pay....

Just because redfin says it's worth $X doesn't mean anyone is gonna pay $X.


My schtick has always been to lowball every buy offer I make - cars, houses, tech, gear....everything... people either accept it or find someone else that can pay... I don't lose sleep over it and will find my 60% somewhere else...
Translation: rentcel for life
post 1669432723 10-13-2022, 03:58 PM
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Originally Posted By Barteh⏩
I don't even know how rentcels can argue that buying a house isn't a financially better options 99/100 times. Flexibility? If you own 3 properties that you rent out you can still live in another rented place, have your own rent covered and a lot more on top.
I think the last 2 years have been the 1/100 time you're referring to. Housing in the South doubled overnight because rates were low, and so was inventory. If you refinanced, that's great, but if you bought in, even if you hold forever with a low rate I don't feel like you're gonna come out ahead.

Albuquerque was one of the markets I was watching throughout this, and I saw homes that would sit for months at $180k prior to the lockdowns listing for as high as $600k. Same thing with SW Florida, and they just got pounded by a hurricane.
Originally Posted By Jasonw1178⏩
Those who paid well over actual market value are idiots. Even though yeah, some homes were selling for way over, the fact is that wasn't always the case. Nobody bought a house that is only worth 300 for 700, maybe 400 for a 350K because the bank approved because they know they will get their money back, fuk your down payment.

Rent is due in 18 days bud.
People who bought in cities like Buckeye, Tolleson, Queen Creek, Cape Coral, and many other places that weren't all that desirable did. They grossly overpaid on a house that was listed for 2x what it would have been in 2019.

That 50k is over the overinflated post-2020 price, not what I believe these houses are actually worth. The next 2 to 3 years will be telling, my guess is at minimum the prices will return to what they were. There's no real shortage of houses or space in these cities.
post 1669432943 10-13-2022, 04:03 PM
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#56
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Good point... Gotta wonder about the buffoons that bought at inflated prices and now their investment just got wrecked by a hurricane....

Will insurance companies payout....?????.... Are there any building materials available due to supply chain disruptions....???....
Everything I post is satire.
Tricknology Grand Master.
post 1669433153 10-13-2022, 04:06 PM
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#57
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you rentcels are so ignorant

most intelligent people do research and know which homes are built correctly to last with new builds and dont buy the chit tier ones
most intelligent people bought in the dip , i.e. bought my house brand new all new appliances and furniture for 225k and its valued at 420k now.
most intelligent people buy new and quality stuff so they dont have to pay for maintenance often and they take care of stuff so it lasts 10-20 years on homes.
most people pay less than $100 a month in HOA, many its 0-50.

your post is 100% invalid if you arent a stupid rentcel living in fear of getting out of poverty because, well, fear and cowardice and lack of discipline to save up a down payment.
**worthless college major crew**

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**HTC**
post 1669433283 10-13-2022, 04:08 PM
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#58
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Originally Posted By Jestbrah⏩
you rentcels are so ignorant

most intelligent people do research and know which homes are built correctly to last with new builds and dont buy the chit tier ones
most intelligent people bought in the dip , i.e. bought my house brand new all new appliances and furniture for 225k and its valued at 420k now.
most intelligent people buy new and quality stuff so they dont have to pay for maintenance often and they take care of stuff so it lasts 10-20 years on homes.
most people pay less than $100 a month in HOA, many its 0-50.

your post is 100% invalid if you arent a stupid rentcel living in fear of getting out of poverty because, well, fear and cowardice and lack of discipline to save up a down payment.
Since when are most people intelligent, or better yet, driven by common sense? Have you been asleep for the last 2 years?
post 1669433433 10-13-2022, 04:11 PM
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#59
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Originally Posted By Jestbrah⏩
you rentcels are so ignorant

most intelligent people do research and know which homes are built correctly to last with new builds and dont buy the chit tier ones
most intelligent people bought in the dip , i.e. bought my house brand new all new appliances and furniture for 225k and its valued at 420k now.
most intelligent people buy new and quality stuff so they dont have to pay for maintenance often and they take care of stuff so it lasts 10-20 years on homes.
most people pay less than $100 a month in HOA, many its 0-50.

your post is 100% invalid if you arent a stupid rentcel living in fear of getting out of poverty because, well, fear and cowardice and lack of discipline to save up a down payment.
Why so emotional?

What flyover state are you in that a house only costs $225K?
Everything I post is satire.
Tricknology Grand Master.
post 1669433523 10-13-2022, 04:12 PM
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#60
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Originally Posted By GeezersPalace⏩
I bought my expensive 700k home that’s worth 300k
please enlighten us and show us some real world examples of this, op
lmao... the extent rentcels will go to in order to cope. so funny, it's almost sad, almost... jflmao
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