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re: Buy or Rent
Posted on 1/29/13 at 2:36 pm to BeaumontBengal
Posted on 1/29/13 at 2:36 pm to BeaumontBengal
Yep, you will need that first check stub. I'd find out what home prices are trending like, and if its turning into a seller's market like it is here, I'd buy ASAP, as rates will tick up with spring market.
Posted on 1/29/13 at 9:03 pm to ItNeverRains
Think I'm going to rent, atleast for 6 months. Property tax was just over $6000 at the place I was most interested in buying and interest on a $250000 loan would have been about $7500. Rent will be just over $13000. Looks like I'd be pissing away $13000 somewhere next year either way. Not truly in love with the place I was looking at buying anyway. Going to take my time and save up. Thanks for the advice and the congrats fellas. You'll find me at the apartment's resort looking pool scoping out the ladies this summer.
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