We love where we live. We love our rental rate, our neighbors, our little nook of town complete with a Target, Kroger, movie theatre and soon to be Los Cucos. However, our lease is up in May and we are ready to have a little more space close to where we work with a yard for our crazy dog to run in. So, here's the question:
To buy or not to buy?
Do we continue to rent? Should we rent an apartment, townhouse, or house? Should we buy a small home?
When do we start looking? How much should we have saved up?
We honestly don't know what the best option is. There are advantages and disadvantages to both.
Thoughts????
our thoughts! we think you should get a house, if you are able to put a down payment that equals 20% value of the house which allows you to save more money b/c you don't have to pay as much interest. also it's good if you're planning on living there for 5+ years. or if you want to save up for a down payment, maybe rent a townhouse with a yard for the puppy until you save!
ReplyDeleteexciting decisions!!