Reply To: Ways to become more free

  • HoneysGarden

    Member
    August 29, 2022 at 9:23 pm

    This is just a thought – but with strong indications of a real estate collapse, probably before the end of the year, my thought would be to sit tight if you can, and look for an opportunity in the aftermath. Also – a youtuber who goes by iAllegedly has a site that lists pending and current foreclosures – http://www.foreclosures.com ; I believe it’s a subscription-type service, but my thinking is . . . you might be able to buy something by paying off the mortgage and giving the owner a bit of their equity, while still getting a steep discount on the actual market value. I’m afraid there WILL be people who have been in their homes for many years, but will be blindsided by inflationary pressures and rising energy costs, to where it’s either eat and keep the heat on, or pay the mortgage.