Wednesday, February 2, 2011

To Buy or Not to Buy

Interest rates are low. The housing market is flooded with foreclosures, short sales, and other sales. I'm 24 and working full time (58 hours is full time, right?) so I started thinking about buying a home.

Then I spoke with Spence. He's a very smart, rational human being. We discussed the pros and cons of buying a home.
Here are some of the costs associated with owning a home:
1. Mortgage Payment
2. Home Insurance
3. Property Taxes
4. Water and Sewer
5. Heat/Cooling
6. Internet and TV
7. Furniture and Appliances.
8. Lawn Care
9. Upkeep and Maintenance
10. Other

These are not reasons to NEVER buy a home, but they have definitely caused me to reconsider WHEN I will buy a home.


Leave your opinion in the comments section!

1 comment:

Anonymous said...

Buy it.