Like what the fuck IS this? In order to know anything meaningful about a house, I need it inspected, but to get it inspected I need to fucking put money down AND PAY FOR THE FUCKING INSPECTION and if it’s fucked and I don’t want to buy it then woops I lose all this fucking money? Jesus fucking christ it’s a turbo charged version of the apartment application fee scam. Fucking christ. Who decided on all this bullshit? Infinite guillotines for all of them
This is one of those things that just really go to show the fucked up extremism of the bourgeoisie, like, you could have capitalist hell and still have like mandatory state run inspections, the details of which are public, for every property being sold. But woops, nope, fuck you peasant
You’d think with how this country jerks itself raw over home owners it wouldn’t be this way, but WOOPS
This post brought to you by my gf and I being incredibly anxious over maybe buying a house that seems okay but has a slab foundation so like i don’t fucking know what condition the plumbing is in
The fun don’t stop once you get the house, then you get to deal with the fun of your mortgage getting sold to a different bank every six months and having to re-register with their new system and hoping they remember to pay the insurance and taxes out of the escrow.
Not only that but you’re often competing against buyers who have the entire value of the house in cash and are willing to pay over asking price and waive inspections
There’s also loan “origination fees”. If you’re too poor to up front like a 1/3 of the cost then there’s Private Mortgage Insurance fees tacked onto your payment which can be several hundred dollars a month until the principal, which you could be paying down with that PMI is below a certain threshold.
Then there’s “closing costs” which is just a fuck you fee with the bank. If rates drop down and you want to refinance then you ahve to pay the origination fees and closing costs for that too.
It’s expensive being not fabulously wealthy.
And realtors take 1-5% for like…looking up a listing and taking you there and writing a bit of paperwork?
Oh, here is the REAL kicker too because you’re doing an inspection because you don’t want to get fucked by a house that is insulated with black mold, you’re going to lose out on bid on the house because there are petite bourgeois dropping literal stacks of cash on the table well above asking price and forgoing inspections so they can buy the house and flip it.
You have to just accept the fact that the dumb shit paying above market value for no insoecti9n closing is fucking themselves over 90% of the time.
Keep an eye on these properties there’s a decent chance they end up back on the market within 6 mo the once they get an actual inspection and realize how much they fucked up. Not saying you should then make an offer just take note of how frequently that plan of throwing money at a problem backfires if the person doesn’t actually know wtf they’re doing.
Houses and cars are both terrible. Really, anything that requires going into debt to get is guaranteed to fuck you over somehow. Shit, college too.
