this post was submitted on 04 Sep 2023
1378 points (87.2% liked)

Memes

45690 readers
1339 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] -1 points 1 year ago

yes I was referring to the mortgage situation of payments going towards equity. And then you move, the property sells, and the difference between how much you still owed and the sell price of the property goes to you.