3 ms·
I wonder how this would have ended up if they just dealt in options instead of taking on the inventory. For those that don't know, a real estate option gives th
by Invictus0 5y ago
I wonder how this would have ended up if they just dealt in options instead of taking on the inventory. For those that don't know, a real estate option gives the holder the right to buy the property at a fixed price within a certain timeframe, in exchange for a premium. This would have been a much better way to learn the market than diving straight into home purchases.
- sokoloff 5y agoMost people who are selling their house are doing so in order to buy another one. That is to say they need the money from the sale to close on their other house. Selling an option on a house you live in is a pretty terrible idea since if the market takes off, your option gets called, you're out of a house and into a market that's skyrocketing. I don't think there's enough benefit to sellers to make buying options feasible.
- devoutsalsa 5y agoNow I want to sell puts on over priced houses.
- projektfu 5y agoI will buy your put on an overpriced house!