Quote:
Originally Posted by taylor192
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well i have quest for you. (this is live in property ,, and not investment prop)
take,
i pay about $1100 a month rent.
if i wait for 6-10 month to find a new place (planning to buy)
thats is putting 6600-11000 down the drain, in rent cause in the end i dont get anything out of it?
supposedly u are buying a place for 340k. and over the next year market does go down about 3-5 %. how much do you expect to save...
340-3-5% is 325-320?, do you see market going down more than 10%? and over this time you are building equity. yes, you are paying maint and tax, but u will be paying that regardless when u buy?