Reply to Anyone NOT planning to buy anytime soon?

Forum Index » Real Estate

Reply to "Anyone NOT planning to buy anytime soon?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]OP, you should definitely stay put where you are, until the baby gets there and you know what the life as a parent is like for you.  Don't make a decision now to buy a condo, because a few years down the line you may think differently and want a detached home.  Living in an apartment with kids is definitely doable and can be great, but it's not for everyone, even those who lived in apartments for many years as single adults and loved it.

DC is a bit different from NYC as far as discrepancy between the rent and ownership is concerned.  In desirable areas such as yours, the rents are very high and often can be the same as the mortgage would be.  500 a month difference is not as significant as let's say in Manhattan, where it would be more like 2-3K a month.  So, when you are paying rent here, you might actually be paying a mortgage on a place that is similar in the same amount as your rent.  so, if you definitely knew what type of housing and area you wanted, I would say, buy as you won't be saving much by renting.  But, if you are still TTC and have no idea what your needs and desires may be after the baby arrives, I'd say wait. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics