Comments by "Winnie The Pooh And Eeyore 2" (@winniethepoohandeeyore2) on "Opendoor Facing FINANCIAL RUIN | Housing Market BUCKLES" video.

  1. Bought my house for 65K in 21, it ballooned up to 120k during low rates, as rates rose, my house went down to 92k, as rates lower again it's back up to 112k BONKERS!!!
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  2.  @LukeH-k7d  FOMO is paying 6 digits OVER asking, zero appraisals, zero inspections, writing love letters to sellers , cars parked down the street and around the block as soon as a home listed. Been here 3 years so far, Got out from under high rent, Over pay the principal every month, knocked years off the life of the mortgage some great equity, have the double ,homestead exemption so very LOW property taxes which HALTS once we turn 65 in a few years, I'm not going anywhere.
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  3.  @House_hacker_619  Considering we live in rural USA, we are retired, it suits us and our dogs just fine. We are also NOT real estate investors, actually DONT want to be, WE worked our years, raised our kids, we also do other things to add to a cozy retirement. But by al means, you keep doing you...
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  4.  @LukeH-k7d  Indeed they did, now ALOT CANT make their payments, ALOT in under water mortgages. tax assessments are breaking them, We COULD have bought far more house but why? We have a Low comfortable note that is a breeze to pay, property taxes freeze in 6 years, and at the rate we are going paying extra on the principal, Our home will be paid for by then, so, Zero mortgage, zero property taxes, will only have HOI, maint and up keep..As I said, I'm not going anywhere.
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  5.  @LukeH-k7d  The principal is one hundred and twenty six a month, This house literally fell into our laps as we were home searching. When people's mortgages are MANY times my total mortgage of four hundred and six. Zero sympathy to them when they get hit with massive tax assessments, having trouble making their payments, going or have already gone underwater, getting further and further behind on payments, neverminded the utility as well as maintainece expenses on three-four-five k sq ft homes, Zero sympathy. Our last month's utility bills were less than three hundred and that's everything, Electric, gas, water, sewer, trash pick up. There's great deals out there, just have to look and act quick like we did.
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  6.  @nedoscarsandfishingvideos5500  I have zero intention of moving lol
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  7.  @nedoscarsandfishingvideos5500  My own home, low note, can pay it off quick, double homestead exemption, my rules, Not someone elses, Not dealing with rent increases, it appreciates. .. Where do you know of where you can rent a 1632 sq ft 3 bedroom 2 bath home for 406 a month AND be in great condition AND in a good area. Hell no am I going anywhere
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  8.  @LukeH-k7d  Got a good bit, We're good
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  9.  @LukeH-k7d  Also WHAT EQUITY WHEN A MORTGAE IS UNDERWATER Hahahaha
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  10.  @LukeH-k7d  There's great deals out there, people have to take the time and find them and act quickly.
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  11.  @dustendawin4657  Some people in my area deliberately stay 1-2 years behind the 3 year mark, settle up a year in dec of every year.
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