Author Topic: First Time Second Home Buyer - Advice  (Read 9846 times)

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Offline Soylent Green Is People

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Re: First Time Second Home Buyer - Advice
« Reply #90 on: September 19, 2021, 11:35:22 AM »
True, as very, very few people today even know how to use a checking account. Checks are the fax machines of finance. Nice for a time. Obsolete in a few years.

That said, what would a realtor have to do with an offer that also included a check or money order attached physically to the contract?
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Offline fatduck

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Re: First Time Second Home Buyer - Advice
« Reply #91 on: September 19, 2021, 01:26:07 PM »
pretty soon you'll just send your deposit to $escrow on cash app

Offline akula1488

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Re: First Time Second Home Buyer - Advice
« Reply #92 on: September 20, 2021, 04:40:39 AM »
pretty soon you'll just send your deposit to $escrow on cash app

Then crypto

Offline momopi

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Re: First Time Second Home Buyer - Advice
« Reply #93 on: September 20, 2021, 08:50:54 AM »

@_@;;  I still write checks.  And gift silver coins to kids.

Offline Soylent Green Is People

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Re: First Time Second Home Buyer - Advice
« Reply #94 on: September 20, 2021, 09:32:34 AM »
@momopi - hand most 10-18 year olds a book of matches and see how few know how to operate one. The lack of knowledge about basic items is astounding.

Not to hijack this thread too far, but Crypto adoption by lenders is really not very widespread. Most lenders if they see crypto assets/use in a transaction want a documentation trail from start to finish - cash in bank (years ago...) to purchase to storage (how many statements?)  to liquidation to conversion back to cash. Blegh. This will change within the decade but at a very slow pace compared to other disruptive ideas we've seen.

My .02c
My .02c

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Offline anteaterscientist

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Re: First Time Second Home Buyer - Advice
« Reply #95 on: September 20, 2021, 10:38:38 AM »
Update 5.5: Requested to see in person a property owned by Z1ll0w. I hope they don't stay silent if they are just looking for backup offers. (insert crying face emoji)
This afternoon, have additional places to look at but still traumatized from last experience.
« Last Edit: September 20, 2021, 04:35:45 PM by anteaterscientist »

 

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