General Discussion

Hugh_Lebowski

(33,643 posts) Fri Jul 21, 2023, 04:46 PM Jul 2023

Do you own your home? Do you have a really good interest rate? Are you bugged daily by calls/texts [View all]

From random strangers who'd like to buy your home for a 'very fair/good/great' CASH price?

You ever wonder if those people who are trying to get us to sell ... those of us with great interest rates in particular ... aren't maybe working for the banks?

Everytime I get these messages and calls which is damn near daily I'm like ... fool, my mortgage is about 65-75% of what I'd have to pay to rent my same house from someone else, and my interest rate is at least 2 points lower than I could POSSIBLY get if I bought a new house right now, and I'll be paid off in 12 years.

FUCK NO I'm not selling you my house!!!

But it makes me wonder if there aren't banks (on the sly, through outside agents) specifically trying to get people out of their 3-3.75% rates that they got when the getting was good a couple years back (myself included).

43 replies

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Do you own your home? Do you have a really good interest rate? Are you bugged daily by calls/texts [View all] Hugh_Lebowski Jul 2023 OP

I haven't had a mortgage in 30 years and they're trying to buy marybourg Jul 2023 #1

Thanks for the input, the more data the better :) (nt) Hugh_Lebowski Jul 2023 #2

I get "offers" by text every other day or so. QED Jul 2023 #3

Me too clouds Jul 2023 #4

the last one-- I answered, "Over my dead body!" viva la Jul 2023 #5

I own my house completely, and I've never had one of those calls thank god. BlackSkimmer Jul 2023 #6

This is my experience as well. nt Nittersing Jul 2023 #40

We own and haven't had a mortgage in 20 years & Quakerfriend Jul 2023 #7

As I was finishing up the last payments GreenWave Jul 2023 #8

Lol, good one! (nt) Hugh_Lebowski Jul 2023 #10

Around here it is hedge fund investors buying up homes to rent them out at a very high rent. pwb Jul 2023 #9

Yeah, that was the other thing I wondered about ... Hugh_Lebowski Jul 2023 #12

And if a hedge fund buys property with cash they don't pay interest or points ... Auggie Jul 2023 #20

I got a bag of corn on the cob a few months ago Chautauquas Jul 2023 #11

Not currently MissB Jul 2023 #13

Thankfully, No ProfessorGAC Jul 2023 #14

I get a post card every now and then and pwb Jul 2023 #16

I See Those Signs ProfessorGAC Jul 2023 #17

I get these for the home I sold 3 years ago Shrek Jul 2023 #15

I got an offer to buy my property in Billings Montana. I don't oun property in Montana, never have. doc03 Jul 2023 #18

If the money lenders come after my house, they better bring a tank. Chainfire Jul 2023 #19

I get this multiple times a day... Juneboarder Jul 2023 #21

Oooh, 2.25% NIIIIICE!!! Hugh_Lebowski Jul 2023 #23

We own our home and the number of people trying to buy it has decreased Croney Jul 2023 #22

we're paid off and get postcards or other mail pretty yellowdogintexas Jul 2023 #24

I have a small place in the Mojave desert ripcord Jul 2023 #25

Side story... WarGamer Jul 2023 #26

We don't get any such calls, mail, or texts but phylny Jul 2023 #27

I get at least 1 call or letter every week mainer Jul 2023 #28

The only way a loan company can benefit or an individual is if the Mortgage is assumable... Demsrule86 Jul 2023 #29

Paid off years ago, constant calls to buy Maeve Jul 2023 #30

Yes, no, and no, but that's misleading DFW Jul 2023 #31

We have a 2% rate Sympthsical Jul 2023 #32

I have a mortgage with a low rate. Wish my principal had been higher these last few years gulliver Jul 2023 #33

No mortgage for years. No calls but get DM couple times a week. Prairie_Seagull Jul 2023 #34

Answer: no. brooklynite Jul 2023 #35

Had a dude call yesterday... Happy Hoosier Jul 2023 #36

Interesting theory. Yes I get calls around the clock ecstatic Jul 2023 #37

I'm not sure who those assholes are that keep calling my phone. GoodRaisin Jul 2023 #38

I thought there was a creative speculation forum for this type of stuff Snooper9 Jul 2023 #39

I used to get those calls/texts/letters but no longer jmowreader Jul 2023 #41

We're at 3% Johnny2X2X Jul 2023 #42

My husband and I have been inundated with these offers for over 5 years peggysue2 Jul 2023 #43