http://christiancommoncents.com/2011/01/02/rent-or-buy-a-house/ Your Biblical Guide to Personal Finance Fri, 23 Oct 2015 01:55:14 +0000 hourly 1 https://wordpress.org/?v=4.5.2 http://christiancommoncents.com/2011/01/02/rent-or-buy-a-house/#comment-5261 Sun, 22 Jul 2012 12:25:37 +0000 http://christiancommoncents.com/?p=662#comment-5261 Fantastically encrypted..!! Well in this case I consider myself to be lucky enough as We had bought our house 10 years back for which my dad had taken all initiative, much before I got into debt problem. But if I think about the present situation, I wouldn’t have been able to afford a new house, Keeping the current scenario in mind, I had to go for a rented one. Basically It depends upon the situation which leads a person to take a decision.
Andrea Jones

]]> http://christiancommoncents.com/2011/01/02/rent-or-buy-a-house/#comment-775 Sun, 16 Jan 2011 17:19:58 +0000 http://christiancommoncents.com/?p=662#comment-775 Well, I’m lucky. My family is in the carpentry & building supply business, so renovating = cheap & easy. We wouldn’t have to hire out, and most renovations (if done properly, up to date) add value to a home. Plus they’d make me want to stay in the house for a longer period of time.
But, I can see how not being married would make the housing situation complicated.!

]]> http://christiancommoncents.com/2011/01/02/rent-or-buy-a-house/#comment-766 Sun, 09 Jan 2011 06:19:53 +0000 http://christiancommoncents.com/?p=662#comment-766 Great post, I think every potential home owner should go through this type of list to see if they’re really ready to buy. I’ve made a few mistakes along the way myself, that got me to where I am today so I’m not sure I regret it all completely… but some things I would have done differently. My current place is NOT my forever home and my next place will definitely be that with at least 20% down.

]]> http://christiancommoncents.com/2011/01/02/rent-or-buy-a-house/#comment-765 Fri, 07 Jan 2011 16:45:55 +0000 http://christiancommoncents.com/?p=662#comment-765 Wow there are so much things to consider! You have some really good questions to help people make that decision. For me, I bought my house with my hubby last summer, it was intended as a flip but we realized we needed a place to stay for ourselves (no longer need to live with parents), so we kept it and made it our principal residence. We rent out the basement right away to collect extra income which helps us to pay off more than half of the mortgage.

]]> http://christiancommoncents.com/2011/01/02/rent-or-buy-a-house/#comment-764 Fri, 07 Jan 2011 02:23:00 +0000 http://christiancommoncents.com/?p=662#comment-764 I have a student loan, and am trying to pay that down before even buying a home…. at that point, I’ll be debt free, and in a much better spot to pay the monthly mortgage payments at an accelerated rate.

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