To buy or not to buy: That is the question.

[waiting hawk]

You wait and you will be buying them at 150k. Just buy it. The scenerio just pushes you to buy. Even without ur wife in the workforce you will still need to pay rent. Factor that tax break which about pays for ur property taxes in most cases. I think I am paying about 569 on my cabin and even though I only went up there a combines 2 weeks of last year I will never sell it. I need the tax break and love having views to the ocean from 6000 feet up. Good luck and keep us posted

[briansd1]

I overlooked the part that you didn’t have much savings.

That’s a problem.

You need to build a cash cushion of at least 6 months first in case of emergency. At that price, I wouldn’t worry about a downpayment.

As was suggested before, maybe a family member can help out even if only to assure you some security in case of job loss.

[briansd1]

I overlooked the part that you didn’t have much savings.

That’s a problem.

You need to build a cash cushion of at least 6 months first in case of emergency. At that price, I wouldn’t worry about a downpayment.

As was suggested before, maybe a family member can help out even if only to assure you some security in case of job loss.

[briansd1]

I overlooked the part that you didn’t have much savings.

That’s a problem.

You need to build a cash cushion of at least 6 months first in case of emergency. At that price, I wouldn’t worry about a downpayment.

As was suggested before, maybe a family member can help out even if only to assure you some security in case of job loss.

[briansd1]

I overlooked the part that you didn’t have much savings.

That’s a problem.

You need to build a cash cushion of at least 6 months first in case of emergency. At that price, I wouldn’t worry about a downpayment.

As was suggested before, maybe a family member can help out even if only to assure you some security in case of job loss.

[briansd1]

I overlooked the part that you didn’t have much savings.

That’s a problem.

You need to build a cash cushion of at least 6 months first in case of emergency. At that price, I wouldn’t worry about a downpayment.

As was suggested before, maybe a family member can help out even if only to assure you some security in case of job loss.

[1stimebuy]

$1000 for a 1400 sqft. I thought there were no such places in CA anymore 🙂

Low interest rate is the key in current market. In the area I’m looking at (I-15) buying is almost always cheaper than rent in sub 350K – which is why it’s so hot. It might make sense up to 430K I think.

Scripps 1100 sqft condo = $1900 rent or 350K listing.

350K = $1800 + property tax – tax deductible = less than $1900 (roughly calculating)

When I look at over $500K, there seems to be much better inventory situation. Which makes me wonder after 4 month of search. Should I rather buy 500K now, or should I just rent for a year or two more? My initial target was buying a 3 bedroom condo for under 400K that has low monthly fee, but I have all but given up my hope in this.

I think you’ll be safe buying as long as you can rent it out easily if you need to. But I think these areas are already multiple bid situation IMO though.

[1stimebuy]

$1000 for a 1400 sqft. I thought there were no such places in CA anymore 🙂

Low interest rate is the key in current market. In the area I’m looking at (I-15) buying is almost always cheaper than rent in sub 350K – which is why it’s so hot. It might make sense up to 430K I think.

Scripps 1100 sqft condo = $1900 rent or 350K listing.

350K = $1800 + property tax – tax deductible = less than $1900 (roughly calculating)

When I look at over $500K, there seems to be much better inventory situation. Which makes me wonder after 4 month of search. Should I rather buy 500K now, or should I just rent for a year or two more? My initial target was buying a 3 bedroom condo for under 400K that has low monthly fee, but I have all but given up my hope in this.

I think you’ll be safe buying as long as you can rent it out easily if you need to. But I think these areas are already multiple bid situation IMO though.

[1stimebuy]

$1000 for a 1400 sqft. I thought there were no such places in CA anymore 🙂

Low interest rate is the key in current market. In the area I’m looking at (I-15) buying is almost always cheaper than rent in sub 350K – which is why it’s so hot. It might make sense up to 430K I think.

Scripps 1100 sqft condo = $1900 rent or 350K listing.

350K = $1800 + property tax – tax deductible = less than $1900 (roughly calculating)

When I look at over $500K, there seems to be much better inventory situation. Which makes me wonder after 4 month of search. Should I rather buy 500K now, or should I just rent for a year or two more? My initial target was buying a 3 bedroom condo for under 400K that has low monthly fee, but I have all but given up my hope in this.

I think you’ll be safe buying as long as you can rent it out easily if you need to. But I think these areas are already multiple bid situation IMO though.

[1stimebuy]

$1000 for a 1400 sqft. I thought there were no such places in CA anymore 🙂

Low interest rate is the key in current market. In the area I’m looking at (I-15) buying is almost always cheaper than rent in sub 350K – which is why it’s so hot. It might make sense up to 430K I think.

Scripps 1100 sqft condo = $1900 rent or 350K listing.

350K = $1800 + property tax – tax deductible = less than $1900 (roughly calculating)

When I look at over $500K, there seems to be much better inventory situation. Which makes me wonder after 4 month of search. Should I rather buy 500K now, or should I just rent for a year or two more? My initial target was buying a 3 bedroom condo for under 400K that has low monthly fee, but I have all but given up my hope in this.

I think you’ll be safe buying as long as you can rent it out easily if you need to. But I think these areas are already multiple bid situation IMO though.

[1stimebuy]

$1000 for a 1400 sqft. I thought there were no such places in CA anymore 🙂

Low interest rate is the key in current market. In the area I’m looking at (I-15) buying is almost always cheaper than rent in sub 350K – which is why it’s so hot. It might make sense up to 430K I think.

Scripps 1100 sqft condo = $1900 rent or 350K listing.

350K = $1800 + property tax – tax deductible = less than $1900 (roughly calculating)

When I look at over $500K, there seems to be much better inventory situation. Which makes me wonder after 4 month of search. Should I rather buy 500K now, or should I just rent for a year or two more? My initial target was buying a 3 bedroom condo for under 400K that has low monthly fee, but I have all but given up my hope in this.

I think you’ll be safe buying as long as you can rent it out easily if you need to. But I think these areas are already multiple bid situation IMO though.

[4plexowner]

where in north county can you buy a 3/2 for $104K? this is attached housing?

interest rates have nowhere to go but up, but that isn’t a great reason to buy a house and the govt is going to keep rates as low as possible for as long as possible

[4plexowner]

where in north county can you buy a 3/2 for $104K? this is attached housing?

interest rates have nowhere to go but up, but that isn’t a great reason to buy a house and the govt is going to keep rates as low as possible for as long as possible

[4plexowner]

where in north county can you buy a 3/2 for $104K? this is attached housing?

interest rates have nowhere to go but up, but that isn’t a great reason to buy a house and the govt is going to keep rates as low as possible for as long as possible

[4plexowner]

where in north county can you buy a 3/2 for $104K? this is attached housing?

interest rates have nowhere to go but up, but that isn’t a great reason to buy a house and the govt is going to keep rates as low as possible for as long as possible

[Author]

Posts