Definitely no offense taken at all, no worries at all.
SDC, to say that 5.5% on the mortgage is not realistic is not really true at all. I am sure you noted what the 10 year treasury is doing, and as I said I would have been buying down the loan.
Also SDC my rent is 2500 a month not 2200 as you used in your calculations.
Have any of you guys tried to find a rental in Scripps that would accept 2 dogs and 3 cats?
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Anyways again guys, by the postings shown I think it si clear that the benefits of renting versus buying vary with each individual. Factors such as thier income, how much down they have, kids, pets, school districts, and how much they do not want to have to deal with a landlord factor into the equation.
DEFINITELY if it is only dollars and cents I could not agree more.
For sure for sure for sure…if you don’t have the income, if you don’t have the downpayment… definitely don’t do it.
