I don’t see how this will save him money. Texas property taxes are a killer and at 12000 a year annual salary he’s not going save anything on his federal taxes. My daughter pays nearly $4000 a year on a house valued at $156,000. His utility expenses are going to be higher in a house and how’s he going to pay for repairs and homeowners insurance.
I’m not trying to be mean here but who came up with this brilliant idea? This kid is broke he has no business buying a house, not even in Texas. I don’t wonder he’s late paying bills he’s paying half his gross pay in rent. I don’t know how he’s scraping by. He doesn’t need a house he needs a better job.