We are movieing soon, I think apartment might be good are a home. a A home cost so much and if anything gose wrong you have to buy these thing. but apartment they fixs are buy things, would I be saving money if we movie into apartment ?the hight cost of living is very high apartment rents $900. to 1200 hundred a month a home $1.200 to $ 2.000.00 a month and plue you have to pay people to help you movie, and you have to put down a down payment before you movie in what is best?
2006-09-07 04:02:44 · 10 answers · asked by Anonymous in Home & Garden ➔ Other - Home & Garden
Are you old enough to live on your own? Just wondering after reading your "question".
Anyway, I'd start out with an apartment. That way the landlord is responsible for taking care of any problems. Good luck. And be cool, stay in school.
2006-09-07 04:05:42 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Though an apartment might be cheaper, you will not be saving money. Renting should be a short term option. If you will not be staying in this new area for long, then renting probably is the best idea. There are also many financing options for purchasing a home. Several offer $0 down move-ins. So it really depends on what your plans are for the move. If you think an apartment is the best option. Sign a shorter lease and look at buying a house again once your lease is up.
2006-09-07 04:09:16 · answer #2 · answered by dani77356 4 · 0⤊ 0⤋
What about renting a home? A huge problem with apartment living is the noise from other tenants. If you live above/below/beside an inconsiderate (read: noisy) family, it will absolutely crush the quality of life if things cannot be sorted out amicably.
That's not to say the same thing can't happen in a single-family dwelling; it's just that the chances are greater when living in stacked quarters.
Luck.
2006-09-07 04:09:02 · answer #3 · answered by macguffin 5 · 0⤊ 0⤋
Hmm....who will be moving with in with you? Will they be sharing the bills?
I say start with an apartment. As you said, apartments are cheaper in rent and ALSO utilities. The apartment owners most likely cover water and garbage, so one less bill to worry about. You are living in a smaller space, so gas should be cheaper. Once you have stabilized your living situation and can afford your bills and such, then consider living in a house. It is more pricey utility wise, and there are other expenses live lawn service, alarm service, etc.
Also, see if your utility companies have discount programs if you qualify for low income.
Good luck Hon.
2006-09-07 04:13:55 · answer #4 · answered by Gothic Martha™ 6 · 0⤊ 0⤋
Buying a home is smarter. You will never have to worry about the landlord kicking you out. You need to speak to a Mortgage Professional about the kinds of options they have these days. You don't always have to put a down payment and there is 100% financing available. You just need to get prequalified first before you make any decisions. Good Luck
2006-09-07 04:10:35 · answer #5 · answered by ChicaLoca 3 · 0⤊ 0⤋
You will actually lose money in an apartment. You are giving a lot of money to someone else, & getting nothing in return.
A house payment usually costs less around here, but maybe you are looking for too much??
If you can find a house for what you would pay in rent, & find friends to help you move...you would be paying yourself, not someone else. You would OWN the house, it would be yours...
2006-09-07 04:10:19 · answer #6 · answered by fairly smart 7 · 0⤊ 0⤋
When you buy a home - you are investing in something that you will eventually own and can make money from.
When you rent an apartment - you are paying monthly for something that you will never own.
My opinion is - down the line - a home is more cost effective and thats the route you should go.
2006-09-07 04:09:02 · answer #7 · answered by jamiewhite1176 1 · 0⤊ 0⤋
Good answers above. Buying a home is an investment. You will get something in return. You get nothing in return when renting.
You have property taxes to pay for with a home and not with an apartment. List your pros and cons with owning a home and see if your income can swing it.
Good luck.
2006-09-07 04:13:58 · answer #8 · answered by Anonymous · 0⤊ 0⤋
The only difference other than the ones you mentioned, is that the money you put into a house each month will end up making it truly yours. Living in an apt. you pay money each month and get nothing from it in the end.
2006-09-07 04:09:50 · answer #9 · answered by angelbaby 7 · 0⤊ 0⤋
buy a home! when you invest in a home you are not paying for someone Else's mortgage, you are paying for your future. a home can be a good investment because in a couple of years you will have equity built up and in some cases it is a good tax write off for some repairs and and other things.
2006-09-07 04:31:33 · answer #10 · answered by carol ann 2 · 0⤊ 0⤋