How To Mortgage In Monopoly Ps4

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So You Want to be a Monopoly Mogul (Without Breaking the Bank...Literally)? A Guide to Mortgaging on PS4

Ah, Monopoly. The game that brings out the ruthless capitalist in us all, turning friends into foes over a measly $200 rent. But what happens when that coveted Park Place landing looks more likely to land you in debtor's prison than on Easy Street? Enter the majestic (or maybe slightly desperate) act of mortgaging a property.

But Wait! There's More! (The Down and Dirty of Mortgaging)

Mortgaging a property on your PS4 version of Monopoly is pretty straightforward, but there are a few key things to remember before you turn that charming little Vermont Avenue into a sad, mortgaged money machine.

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  • Selling Those Tiny Tim Houses First: Think of it as a fire sale. You gotta get rid of any houses or hotels on the property you want to ho ho hock (sorry, couldn't resist) to the bank. They'll only buy them back at half price, which might sting a bit, but hey, it's better than being flat broke, right?

  • Flipping the Script (Literally): Once you've cleared the property of its miniature architectural wonders, find that property card and BAM! Flip it face down. Voila! You've just unlocked a cool half of the property's value in instant cash.

The Not-So-Fine Print (The Cost of Keeping Your Head Above Water)

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There's no free lunch in Monopoly, not even when you're selling off your virtual real estate. Here's the catch:

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  • Interest Rates That Would Make Loan Sharks Blush: Getting that quick cash comes at a price. To un-mortgage a property (because let's face it, you'll want to collect that sweet, sweet rent eventually), you'll need to pay back the original mortgage value plus 10% interest. Ouch.

How To Mortgage In Monopoly Ps4
How To Mortgage In Monopoly Ps4

So, Should You Mortgage Like a Madman?

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Mortgaging can be a lifesaver in a tight spot. Need that extra $100 to avoid bankruptcy? Mortgage away! But remember, it's a slippery slope. The more properties you mortgage, the less rent you can collect, which can hinder your path to Monopoly domination.

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Here's the TL;DR for the Busy Mogul:

  • Mortgaging = Quick Cash, But No Rent
  • Sell houses/hotels on the property first (at half price).
  • Flip the property card face down to mortgage.
  • Un-mortgaging = Mortgage value + 10% interest (ouch).
  • Mortgage strategically, don't become a chronic mortgager!

Remember, fellow PS4 Monopoly players, mortgaging is a tool, not a crutch. Use it wisely, and you'll be on your way to becoming the envy of the board (and possibly the target of some serious trash talk).

2022-01-30T23:12:17.293+05:30
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Quick References
Title Description
sec.gov https://www.sec.gov
bloomberg.com https://www.bloomberg.com
studentaid.gov (for FHA comparisons) https://studentaid.gov (for FHA comparisons)
cnbc.com https://www.cnbc.com/mortgages
hud.gov https://www.hud.gov

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