Avatar

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_TopicIcon
to buy or to rent
March 18, 2006
6:20 pm
Avatar
jewel
New Member
Members
Forum Posts: -1
Member Since:
September 27, 2010
sp_UserOfflineSmall Offline

Is there anyone that could help me weigh out the different sides of buying and renting? I have been renting for so long and feel like I am wasting my money. However, when you own a home, you have property taxes and if something in your house breaks, it's on you to fix it. I want to know the pros and cons of both and am having a hard time. I mean, what if you move somewhere and think your going to like it only to find a couple months later that you no longer want to live there. Any responses would be greatly appreciated.

Jewel

March 18, 2006
6:27 pm
Avatar
sdesigns
Member
Members
Forum Posts: 30
Member Since:
September 27, 2010
sp_UserOfflineSmall Offline

Hi Jewel:

5 1/2 years ago I bought for the first time. My condo has tripled in value, so there is tremendous financial gain by buying. You gain an asset, rather than just a place to live month to month.

I also have made improvements, according to my taste, which is very gratifying.

To be sure you want to live in a certain place or area, visit it frequently. I say this because I didn't do that and found a certain time of day to be unbearably noisy. But this was due to a certain couple that lived here. They have both died, so the problem resolved itself.

One HUGE mistake I made, which I write about constantly on these boards, was to get involved with someone who lives here. It didn't turn out well, and I wish I could have moved rather than owned the place and had to stay. An apt would have given me that option.

I would just caution that you buy only what you can afford, as expenses do come up. Maybe save as much as you can for a down payment, to try to lower the amount you have to finance. Its no fun to be a slave to a house payment.

SD

Forum Timezone: UTC -8

Most Users Ever Online: 247

Currently Online:
46 Guest(s)

Currently Browsing this Page:
1 Guest(s)

Top Posters:

onedaythiswillpass: 1134

zarathustra: 562

StronginHim77: 453

free: 433

2013ways: 431

curious64: 408

Member Stats:

Guest Posters: 49

Members: 109319

Moderators: 5

Admins: 3

Forum Stats:

Groups: 8

Forums: 74

Topics: 38532

Posts: 714177

Newest Members:

vfienfDazy, LeonardDazy, zlzDazy, dickDazy, ltyfDazy, EnriqueApent

Moderators: arochaIB: 1, devadmin: 9, Tincho: 0, Donn Gruta: 0, Germain Palacios: 0

Administrators: admin: 21, ShiningLight: 572, emily430: 29

Copyright © 2019 MH Sub I, LLC. All rights reserved. Terms of Use | Privacy Policy | Cookie Policy | Health Disclaimer