Buying a House
Fuzz asked 7 years ago
The notion of buying a house or car with a promissory note has intrigued me for quite some time. I'm curious to know if it's actually possible or just crazy talk, or even if not a promissory note, is there some way to discharge/eliminate the debt without making any payments? Isn't it true the bank creates the money with the loan, making the contract void? I guess to simplify things, can one really buy a house with their signature?
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