ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 2 months agoA conundrumlemmy.worldimagemessage-square165linkfedilinkarrow-up11.28K
arrow-up11.28KimageA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 2 months agomessage-square165linkfedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·2 months agoForeclosing is a very expensive process. If you borrow 100% of the purchase price and the bank has to foreclose they would incur a loss.
minus-squarePeriodicallyPedantic@lemmy.calinkfedilinkarrow-up1·2 months agoOh no, their own process that they made for being given a house is so expensive, I feel so bad for them! Why are you defending them so hard? You just have to look at their quarterly financials. They’re making out like gangbusters.
Foreclosing is a very expensive process.
If you borrow 100% of the purchase price and the bank has to foreclose they would incur a loss.
Oh no, their own process that they made for being given a house is so expensive, I feel so bad for them!
Why are you defending them so hard? You just have to look at their quarterly financials. They’re making out like gangbusters.