Rent or buy for 3 years, then move? - rent appreciation calculator
I'm getting married in May 2009 and plan to buy or rent a tube at this time. I can not rent apt one, a house should be enough room for my home office.
If I buy, I would like from below the average would buy about $ 120-140K ($ 275K to pay the already approved in August) and fast. With calculators and others, I believe that everything that the mortgage in 3 years (no car payment, no children, the adjusted expenditure could pay).
I want to stay closer in VA for 3 years to our families a little more, but our whole lives we want to go further south, where it is much warmer (both seasonal depression, when) the winter.
Moves in 3 years, as we will certainly be a permanent home.
Thus, in tto 3 years, we should hire us or buy (for the payment of the house before it)? The market is not yet experienced a real decline, and says my friend, that the average real estate agent this area remains at about 6-8% appreciation every year, but can say that * *.
2 comments:
The outlook for mortgages in the future is not bright. It may not be able to find a qualified buyer within three years. Could a better idea of saving for permanent accommodation.
I am with maxmom the housing market is a mess, and why you want to play hard-earned money in this way. As estate agents are the biggest clowns when it comes to Trinity to sell a house. Everyone says they want to hear. Then, if something goes wrong, not where you are.
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