Home purchasing

Ratters · 02-05-2011, 04:54 PM

I bought mine almost two years ago and couldn't be happier. Prices are low, they may go lower, but I'd get in now. Interest rates are ridiculously low right now historically and I think will be about double in two to four years as inflation really starts to hit. I'm really pushing a friend of mine who's on the fence right now to do it. And buying now with these interest rates my house payment, including insurance and taxes is less than I was paying to rent a house a few blocks away, and I get the big tax deduction on top of it. Plus it's just nice to have something that is yours. I don't have to worry about my dogs wrecking something, I can do what I want to it and make the house exactly how I want it. The flip side is I'm responsible for anything that goes wrong, but for me the trade off was a no brainer. I say do it.

02-05-2011, 04:54 PM	#7
Ratters Have My Own Room Join Date: Oct 2008 Posts: 1,848 Trading: (2)	Re: Home purchasing I bought mine almost two years ago and couldn't be happier. Prices are low, they may go lower, but I'd get in now. Interest rates are ridiculously low right now historically and I think will be about double in two to four years as inflation really starts to hit. I'm really pushing a friend of mine who's on the fence right now to do it. And buying now with these interest rates my house payment, including insurance and taxes is less than I was paying to rent a house a few blocks away, and I get the big tax deduction on top of it. Plus it's just nice to have something that is yours. I don't have to worry about my dogs wrecking something, I can do what I want to it and make the house exactly how I want it. The flip side is I'm responsible for anything that goes wrong, but for me the trade off was a no brainer. I say do it.