Quote:
Originally Posted by p1l0t
It's definitely an industry of too many hands in the pot and profits largely on human laziness. I actually don't mind profiting on laziness, because let's be honest that's the only reason we even have money is for the stuff we can't or won't do ourselves. The too many hands in the pot really grinds my gears though... I sold my house for almost double what I paid for it. By the time I paid all the closing costs (and I agreed to pay the buyer's closing costs too because it was still the best offer with the government's (FHA AKA your and my tax dollars that also raises home prices lol)), when you consider what I put into it over the years, and then when they tax me on the "profit" I made which won't count the closing costs I paid (probably but I'll check)... I'll be lucky to break even. You can make all the money you want, you just can't keep any of it. And then we wonder why these dummy corporations exist to buy things to write off... but I'm thankful for them too because that's who I work for... [emoji1787] [emoji631]
Sent from my SM-G975U using Tapatalk
|
Well, it doesn't have to be that way (at least not in the state of Washington). A buyer and seller can draw up a purchase and sale contract on the back of an envelope, the buyer encloses $1.00 for earnest money, they go down to the county seat, funds are transferred between the buyer and seller, the title is transferred and recorded by the county - done deal!
