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Topic: rent or own  (Read 3360 times)

makeblessed

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Re: rent or own
« Reply #15 on: January 07, 2014, 11:46:44 am »
We own, it  awful when they raise your rent beyond your budget;  owning  helps to control expenses, with renting it is no investment, but I understand a lot of people have to as it is not that easy to purchase home/condo. Good luck in your future purchase, I think it will be worth it in the long run.

cwillard1

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Re: rent or own
« Reply #16 on: January 07, 2014, 12:27:13 pm »
Well , I now rent due to a divorce.  THis is new for me.  I had a condo I owned before I got married and made the mistake of selling to buy house.  Now I am back to paying alot of rent after 13 years.  Hoping to one day go back to owning if I am not too old then.

vickysue

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Re: rent or own
« Reply #17 on: January 07, 2014, 01:05:25 pm »
We own. But as a single person i rented. I did not have to worry about  maintance. If something should happen to hubby i will sell out and rent again. At 70 plus years it is hard to do all the yard workand all the other things that you have to do to your home. 

dwiley11

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Re: rent or own
« Reply #18 on: January 07, 2014, 01:31:02 pm »
i owned for 11 years and lost it because of bush and the housing crises i lost my job that year and got no help so i dont trust enough to buy again

Penwoir

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Re: rent or own
« Reply #19 on: January 07, 2014, 03:56:39 pm »
As a general rule I would say it is better to own. Especially if you plan to stay in your house for a number of years. The only time I would say it may be better to rent, is if you are either in the military or don't plan to be in that location for long. If house prices drop significantly and you are unable to sell, you may be forced to rent out your house and that may be a headache you don't want. If however the idea of becoming a landlord appeals to you, then why not buy anyway. By the time your house is paid off (ie in 25 years), it is certain to be worth more than the purchase price.

cberman

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Re: rent or own
« Reply #20 on: January 07, 2014, 04:23:40 pm »
own I really like having my own house

loulizlee

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Re: rent or own
« Reply #21 on: January 07, 2014, 04:56:11 pm »
In our 50 years together, we have rented apartments and owned houses.  Now we live in a house on a small farm that my husband inherited from his parents.  I like this much better.  We also have a nice mobile home on the property that we rent out.  Our renters are great.  We hesitated to rent it because we had such terrible experiences twice when we rented out the house before we moved in.  The house was so damaged we had to practically redo the whole inside.  We swore we would never rent again, but we were fortunate this time.

jmc1982

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Re: rent or own
« Reply #22 on: January 07, 2014, 04:59:26 pm »
I'm currently renting and like it that way fr now

dancer139

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Re: rent or own
« Reply #23 on: January 07, 2014, 06:40:25 pm »
I am lucky to own my home.  It has been paid off for the last 16 years !!!!  I was so happy to pay that last payment.  It was an awesome feeling !!!!!

Dynamite2013

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Re: rent or own
« Reply #24 on: January 07, 2014, 07:07:07 pm »
We own our home and it is just what we wanted. We bought it 13 years ago and plan to stay here forever. It is just big enough for our needs. We purchased it online and moved here from another state. It was the best move we ever made. I know it was taking a chance but we pray a lot and trusted that God would guide us and He did. I hope everyone who are looking for a home prays because God delivers what you need I truly believe that.

ricdsm

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Re: rent or own
« Reply #25 on: January 07, 2014, 08:07:35 pm »
We own.  Only $30,000.00  more and we really own it.
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kingozzy

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Re: rent or own
« Reply #26 on: January 08, 2014, 06:51:04 am »
I bought my first home about a year and a half ago, I love it, its so nice to have something I can call my own even though I don't own it yet

Skyenkit

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Re: rent or own
« Reply #27 on: January 08, 2014, 01:45:02 pm »
Own but still paying for it. It kinda renting though.

gbabesmom

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Re: rent or own
« Reply #28 on: January 08, 2014, 03:10:30 pm »
We have a house. Hope to be mortgage free soon.  :)

crisstar

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Re: rent or own
« Reply #29 on: January 08, 2014, 03:22:02 pm »
I own. You want to buy when the interest rates are low. :thumbsup:
Your income is directly related to your philosophy, NOT the economy. - Jim Rohn

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