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re: Buying home vs Continuing to rent
Posted on 8/5/16 at 12:00 pm to notsince98
Posted on 8/5/16 at 12:00 pm to notsince98
Yep, that is something a lot of people don't take into consideration. If the house is over 10 years old, there is always something that needs to be done to it. Repairs add up QUICKLY, especially when you start talking about replacing windows, doors, light fixtures, sinks, etc. I had to get a new front door a couple of years ago and was blown away at how expensive they were. Ended up being about $6,000 installed. You get a couple of expenses like that in one year, and renting looks more attractive.
Posted on 8/5/16 at 12:18 pm to The Spleen
and I forgot to list the appliances and HVAC.
Having said that, I still enjoy owning a home. I like that I can make it as nice or cheap as I want.
Having said that, I still enjoy owning a home. I like that I can make it as nice or cheap as I want.
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