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Do you own or rent?

by on Jul. 25, 2011 at 1:44 PM
Replies (21-30):
earthangel1967
by on Jul. 25, 2011 at 9:42 PM

Neither currently we are living in our house that is up for short sale so we arent making mortgage payments bc of that but arent renting it either.

We are planning to move and rent from now on hopefully as early as fall. We dont ever want to buy a house again.

Kaelansmom
by on Jul. 25, 2011 at 10:08 PM

rent.. I live in military housing

shell81
by on Jul. 25, 2011 at 11:39 PM

 Buying the bank owns until it is paid off. I hate when people say they own when if you want to get technical the bank still owns it till it's paid off UNLESS they already have it paid off:)

the3Rs
by on Jul. 26, 2011 at 7:22 AM
Own. This is the 2nd house we've owned & probably not the last :)
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the3Rs
by on Jul. 26, 2011 at 7:29 AM
To me, that's just splitting hairs. My definition of "own" is that I am fully responsible for all maintenance, repairs, insurance, liability, proprrty taxes, etc.

Renting is a place to live without being 100% responsible & accountable for it.

If you want to express the difference between having a mortgage or not, I personally would say I own (mortgage) or I own it "outright" (no mortgage).

JMO


Quoting shell81:

 Buying the bank owns until it is paid off. I hate when people say they own when if you want to get technical the bank still owns it till it's paid off UNLESS they already have it paid off:)

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mom2ljh
by on Jul. 26, 2011 at 7:30 AM
Own
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xxLukesMamaxx
by on Jul. 26, 2011 at 8:18 AM

rent

CoolMommyofboys
by on Jul. 26, 2011 at 8:44 AM
Own
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TruthSeeker.
by on Jul. 26, 2011 at 9:10 AM
We own. 8 yrs now.
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rkoloms
by on Jul. 26, 2011 at 8:05 PM

Mostly own; we are almost half way through our mortgage, and we put down about 40%

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