Comment on How I Installed DIY Solar Power and Started Running My House on Batteries
lemming741@lemmy.world 1 week agoReal estate agents are like used car salesmen, they tell you what you want to hear.
Monthly payments are a wool pull, a trick the finance people use to obscure the real numbers.
-3925 + 2722 = 30% loss
If there was a positive return, it’d be cheaper for a buyer to buy without and add it themselves.
Squizzy@lemmy.world 1 week ago
Its cheaper for people to build a house themselves but they dont because there is value in the works being completed previously and being in turn key condition.
I didn’t get financing and my numbers showed a 7 year pay back. My capital investment was savings, which immediately reduced my monthly from 250 to zero.
I dont know what a wool pull is but minimising monthly costs has been hugely positive.