Evicting the Eviction Notice: How to Get Your Monopoly Properties Out of Hock
Ah, Monopoly. The game of ruthless capitalism, questionable deal-making, and the ever-present threat of landing on Boardwalk with a thimble and three hotels. But fear not, fellow property mogul! Even the most downtrodden landlord can rise from the ashes of financial despair. Today, we delve into the thrilling (and slightly humiliating) world of un-mortgaging your properties.
How To Get A Property Out Of Mortgage In Monopoly |
Facing the Facts: Why Un-mortgaging Matters
Let's be honest, a mortgaged property is a sad property. It sits there, a barren wasteland, collecting dust and generating absolutely no income. You might as well be the proud owner of a cardboard cutout of Park Place. But there's a glimmer of hope, my friends! Here's why getting those little houses back on your properties is a power move:
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- Cha-Ching! Rent, glorious rent! Un-mortgaged properties let you unleash the full fury of Monopoly economics on your hapless opponents. Imagine the look on your rival's face when they land on Marvin Gardens and have to cough up a small fortune.
- Building a Monopoly (See what I did there?): Un-mortgaged properties are prime real estate for those coveted houses and hotels. The more extravagant your property empire, the higher the rent, and the closer you get to that sweet, sweet victory.
Shelling Out the Dough: How to Un-mortgage Your Property
Now, here comes the not-so-fun part: actually paying off that pesky mortgage. There are two main routes to take, each with its own brand of Monopoly misery:
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The Straight Shooter: This option is for those who value simplicity (or maybe just have a serious case of Monopoly math anxiety). You simply pay the bank the mortgage value (the amount you borrowed) plus 10% interest. Ouch. But hey, at least you can strut around the board knowing you're a financially responsible property owner (at least until the next time you land on Chance and have to pay for repairs on all your houses).
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The Opportunistic Owler (Yes, that's a thing now): This option requires a bit more finesse (and maybe a dash of luck). If you land on your un-mortgaged property you can choose to pay off the mortgage at that very moment. This can be a strategic move, especially if you're expecting someone to land on that property soon and rain down a rent shower.
Remember: You cannot un-mortgage a property you don't own. So, if you're eyeing that juicy, un-mortgaged Park Place your friend owns, you'll have to resort to good old-fashioned negotiation (or a strategically placed "Go Directly to Jail" card).
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Un-mortgaging Your Way to Monopoly Mastery
So there you have it! With a little financial planning and a dash of Monopoly moxie, you can un-mortgage your properties and become a rent-collecting, hotel-building champion. Now go forth, conquer the board, and remember: there's no shame in a little strategic un-mortgaging!
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