own! i would never rent again unless i absolutly had to renting is just throwing money away and paying for someone elses mortgage, prop taxes, and homeowners insurance why not put it towards equity of your own.
we are renting..love my house! my husband said he wants to be stable in his job for about 5yrs before we buy.
the one good thing is you don't have to worry about someone being over you.
one bad thing being anything that breaks you fix.
we rent. although we are seriously starting to think about buying a house very soon. like in the next year or two. I love renting. I love just being able to call the landlord if anything goes wrong. we know exactly what our monthly expenses are with renting. nothing unexpected to come up. however, we are a family of 4 in a tiny 2 bedroom apt. its very tight. and the kids have no yard to run and play in. we need the extra room. as much as I love renting, buying a house makes more sense for us at this time in our lives.
We own, I wouldn't want it any other way. It just feels more stable and secure to me, and we don't have to deal with anyone else. To me, renting feels like tossing away money. I'd rather put it towards a managable mortgage.
Right now we rent and i'm not happy with it but right now we can't afford to buy a house.
We rented for a VERY long time to save up for a house.
I've had a few houses of my own in the past and finally got sick of being house poor. Many people forget the added costs a house brings. Property taxes, homeowners insurance, lawn care, extra water, extra electric, extra gas, pest & termite control, snow removal, garbage, etc. Then there is the upkeep and repair (new carpet, new roof, painting, etc) then add the fact that most people buy something new when they move in. Curtains, furniture, wall hangings, etc.
Compare all that to your annual rent and then add the mortgage costs and interest and closing costs.
We agreed that unless we could afford a 15 yr mtg, we should not buy!
Own and I would never rent again!!
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