I'm currently not dating anyone.
2006-06-12 16:35:30 · 25 answers · asked by Anonymous in Society & Culture ➔ Other - Society & Culture
Buy a home if you want to...build some equity, you can always sell it when the time comes. Good Luck
2006-06-12 16:37:48 · answer #1 · answered by a_snowe 2 · 0⤊ 1⤋
It depends, if you are going to live and work where you currently rent, and you can afford the increase in insurance, routine maintenance on the home, and all of the other aspects that go into owning a home, go for it. But if you are happy having someone else worry about the furnace, the roof and other problems, than it might be better to rent. It should not have any thing to do with whether or not you are married.
2006-06-12 23:42:43 · answer #2 · answered by andy 7 · 0⤊ 0⤋
Watch out buddy.
If you are 100% secure in your job then a 25 year motgage would be an option for you. If you are moving from one place to another it is better to rent.
Don't forget that selling a home takes time sometimes 2-3 years. Think of the time that you have to pay the morgage till you get it sold. It is money out of the window as you may not be living in the house anymore as it is being sold and also becasue you will be paying interests and taxes which are as much as the mortgage.
As for being single or not. always get a preneptune agreement before your GF or wife moves in. After few months they have the same rights of a wife. You don't want to loose 1/2 of your asset to a GF that you met 8 months ago.
2006-06-12 23:41:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
it would probably be cheaper to make house payments than rent. and if/when you got ,married you could always sell that house if it wasn't a suitable/acceptable living arrangement. if your 33 now and you get a 30 year mortgage you'll be 63 when you get it paid off. or w53 years old with a 20 year loan with higher payments. if you wait till you are 40 years to get married you could be 60 or 70 years old still trying to make a house payment. I say start now. its an expensive investment, but if you are smart about it you could make a profit if you needed to sell it. I'm 28 years old (I am married) my husband and i got a 30 year mortgage on our house 3 years ago...and our monthly payment for rent used to be $650.00 , we only pay $538.75 a month. so we save a little over $100.00 a month. however, we are in the process of switching our payments over to every 2 weeks instead of once a month, because we could save $9,000. and have our house paid off 19 months faster. And when we get income taxes we always put the entire amount straight towards our mortgage. SO yes, buy a house!! NOW!!! before interest rates go up too high.
2006-06-12 23:48:12 · answer #4 · answered by searching4something 3 · 0⤊ 0⤋
I'm pretty much in the exact same situation you are. It all depends on what you truly want to do. If you have a special lady in your life, maybe this would be the time to "pop" the question then buy the home you both want and start your new life. If this is not the case, I would seize the opportunity when it came. By the time you do get married, you'll have a beautiful home to share with your new wife. Either way, you'll have a home to call yours.
2006-06-12 23:59:14 · answer #5 · answered by insightful 1 · 0⤊ 0⤋
NO! Don't wait, if you have the funds to put down a good downpayment at least 15-20% and can afford the up keep, it is better than throwing your money into rent! After so long you build equity, you can sell when you get married if you don't keep the house, be sure to purchase at least a two or three bedroom, better for resale
2006-06-12 23:39:36 · answer #6 · answered by Carmalee F 2 · 0⤊ 0⤋
You don't have to be married to buy a home, besides you probably would save more money having a home, than paying rent these days.
2006-06-12 23:38:38 · answer #7 · answered by curious 4 · 0⤊ 0⤋
Buy now, real estate is a great investment, plus it is a huge tax deduction. Also, if you own the home going into a arriage and do end up getting a divorce ( i know, it'a horrible thought) you would keep the house.
2006-06-12 23:39:54 · answer #8 · answered by Flower Girl 6 · 0⤊ 0⤋
I'm a little younger then you man but I'm in the same boat. If you consider it, for about a 200,000 loan at todays rates you can expect about $1,100 mortgage. Inn my area that's the same amount I would pay in rent.
Cut a check to your landlord to keep the roof over your head, or cut the check for the same amount to the bank in an attempt to own the roof over your head. You get 2 guesses but you'll only need one.
2006-06-12 23:40:14 · answer #9 · answered by Mongoose 2 · 0⤊ 0⤋
I would buy a home on your own, that would benefit you and your credit history. It might be harder to get one after you are married depending on your spouses credit history. It's a good investment either way.
2006-06-12 23:39:35 · answer #10 · answered by sweetcheripie25 3 · 0⤊ 0⤋