We rent. I prefer duplexes to complexes. We won't buy until we're more settled in jobs, but if we end up in the city I could see us either never buying, or buying a vacation-y place instead of a condo/house. I'd be okay buying a condo though instead of a house if my demands are met, lol.
I really don't mind renting. The thought of buying makes me tight in my chest -- it's soooo confining. I can move a child (or two) but the thought of being restricted by someone else buying the place is a lot. To me.
We rent, and I am sick to death of it. There's a good reason why we're still renting, and we've saved ourselves a lot of money and hassle because of that decision, BUT, I'm done. There are a lot of reasons, some good, some totally shallow, but whatever, I'm over it.
H just called a mortgage guy today to see what exactly we need (in terms of cash/general info) to get the price range of house we want. We've heard different things, but looking online, and seeing that our rent payment is more than, or equal to a mortgage kind of turns my stomach, especially comparing the quality/location of houses, and now that we know we're staying here for the long term.
Our lease is through the end of June, and we're going to try to time our house hunting/purchase to coincide with that.
We rent. We have moved to 5 different states in the last 9 years. We bought every time except our last move two months ago. I am tired on wasting money "investing" in real estate.
I hate that we pay hundreds more per month in rent than we would on a mortgage.
See, right now I don't think we do. My sister bought instead of rented and is paying $1000 more a month to own. They put down a decent chunk, too. So this is another motivator to keep renting, lol.
This isn't IN the city, either, it's north -- cheaper, in theory.
In my neighborhood, it is significantly more expensive to rent than to buy. (Just on a month-to-month basis and not considering the other inherent costs of home- or condo-ownership.)
Post by hopenotlost on Sept 10, 2012 12:20:48 GMT -5
We rent a nice acreage. Yes, the house could use some updating and I am hoping the landlord will agree to a paint job on the outside this spring, but if not, we might just do it ourselves. I would love to buy a house, but we don't know how long we will be in this area, so I refuse to commit to something until I know where we will end up.
I also hyperventilate at the thought of owning a home. I know how much furnaces cost, etc, and I can't even fathom having something like that go down and have to replace it. And I have the worst luck in the world. We would buy and within a year, major systems would go. Maybe not, but I know my luck lol.
I with you re: making changes, Tamb. I'm sick of solid white walls, so once we do buy or build I'll probably go crazy painting.
That was one of my semi-ridiculous demands when we were apartment hunting. The place had to let us paint. This place does, as long as you paint it back before you leave. Totally worth it. Oh, and I didn’t even ask, but I hung stuff up all over the place
In my neighborhood, it is significantly more expensive to rent than to buy. (Just on a month-to-month basis and not considering the other inherent costs of home- or condo-ownership.)
yeah, see, those are the things that freak me out!
Me too, Tamb. I love not worrying about those things. But good lord do I ever want to renovate our kitchen!
We rent. Eventually we want to buy and we could buy now if we were in a hurry to own.
The type of house I want to buy we cannot afford right now. We should be able to afford it when our kids are out of daycare (when we have 2 it will run us $2100 a month) so we are waiting until at least VPK for our youngest, and then we can buy.
We are in no rush and I love our town home. We have rented a single family home as well. Both have been great. I would not want an apartment with kids though.
Our landlord will allow us to paint if we want. Our walls are more of a taupe color and we have a few accent walls throughout. I like it as/is.
Post by PinkSquirrel on Sept 10, 2012 12:56:08 GMT -5
I didn't even ask when I moved in. I just went to town painting. That's my landlord's fault though because he never painted over the crap paint job from the people before us. Their colors were ugly, so we fixed them
We also rent. If we could come to an agreement as to where in the US we would like to move, we could look at buying. My job allows me to go anywhere, whereas his doesn't.
Post by Daria Morgandorffer on Sept 10, 2012 13:10:21 GMT -5
We rent and I love it. No worries about needing to replace a 15k furnace or the roof at a moments notice. Also, our complex will paint walls for $50 and we don't need to worry about painting before we leave- I love it.