|
This should be an interesting summer, because I won't be renting anymore. Yet, I won't be buying a house yet either. I am going on a three month business trip, so I'll be making more money and will just have a storage unit rental fee to pay. I will probably try to buy a house in September/October if I find something I like. I would think that there would be a lot more sellers at that point in the year, and they would want to get rid of the house before the winter hits.
Houses in this area have gone up a little in the past few years, but they won't really crash too badly. They won't increase by that much either though.
Right now I look at rent like an adjustable rate, interest only loan on a very small condo. But, it is in a good location, and I don't have to do any work on the property.
Thanks everybody for the tips!
|