That's right. We are house hunting. Here's our theory:
PROS:
If we are going to be here for a while, why waste all this money in renting a place when we could spend the same amount (or a bit more) per month and actually OWN a home?
It can't hurt to just look. Even if we don't find anything we absolutely love, at least we have our foot in the door and are a bit more knowledgeable for later. We will also have more money saved up for later, which would definitely help with a down payment.
NOW is the time to buy.
There are lots of really nice, really foreclosed homes in this area.
I love growing up and getting older and doing the next "step" in life. And I feel like this is the one.
CONS:
While the mortgage payments could be pretty similar to our current rent, it's freakin' expensive to buy a house. If things need fixed, if furniture needs purchased, if we need a lawnmower, not to mention a downpayment. Stuff we didn't have to worry about before: it will hit us like a wall of bricks.
That's it. More pros than cons. I'm in.
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