ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 11 days agoA conundrumlemmy.worldimagemessage-square251linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 11 days agomessage-square251linkfedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·9 days 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.
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.