15d ago (edited) in General discussion
Sellers are the New banking system
Since the dawn of the home loan banks have ruled the market and made trillions of dollars off interest on homes. On a $300,000 home loan with a modest 3% interest over 30 years the bank collects over $155,000 in interest alone. In total after 30 years you bought your house for a grand total of $455,332!
Subject To and seller finance are turning the tables on the banks, growing rapidly, allowing ass busting everyday Americans to sell their homes on non traditional loans to take back their financial future and curve the overbearing burden of massive interest.
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Sellers are the New banking system
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