Long drive today and of course no sleep last night. 🙄 the last few hours are going to be a challenge, later tonight! We're off to buy a house (right up there on the Most Stressful Things To Do list) in another state (because let's ratchet up the stress another notch) to move and start a new job this summer that has more potential but less reliability than my current one (hello fear, my old friend--I've come to talk to you again...). I'd say I'm too old for this s*** but apparently, not yet.
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chiasm@mastodon.online's status on Wednesday, 18-May-2022 12:09:15 UTC chiasm -
Tagomago (tagomago@mastodon.social)'s status on Wednesday, 18-May-2022 12:09:14 UTC Tagomago @chiasm Why buying then instead of renting? (not meaning to add more uncertainty 😅)
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Tagomago (tagomago@mastodon.social)'s status on Wednesday, 18-May-2022 13:50:21 UTC Tagomago @chiasm Oh, so then if you leave you can easily subrogate it?
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chiasm@mastodon.online's status on Wednesday, 18-May-2022 13:50:22 UTC chiasm @tagomago Renting is worse in the current market where we are. You can basically rent a washstand for 2/3 of a mortgage...
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Tagomago (tagomago@mastodon.social)'s status on Thursday, 19-May-2022 13:28:01 UTC Tagomago @chiasm https://subrogation.uslegal.com/subrogation-in-mortgages/
Basically transferring the mortgage to another buyer.
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chiasm@mastodon.online's status on Thursday, 19-May-2022 13:28:02 UTC chiasm @tagomago I dont know what subrogate means. What are you asking? It may not be something our housing market does ...
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chiasm@mastodon.online's status on Friday, 20-May-2022 11:21:05 UTC chiasm @tagomago oh! When we sold our house before, we just paid the bank mortgage off of the sale--the buyer gets their own new mortgage. I've heard of transferring the mortgage, but I don't know why anyone would do that.
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Tagomago (tagomago@mastodon.social)'s status on Friday, 20-May-2022 11:21:05 UTC Tagomago @chiasm Oh, I see... Probably easier that way, yes. :D
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