We want a house because of a new baby coming. Our rent is $580 a month for 500 or so square feet, is that a bad deal? How can we break the lease. The lease says if we do we must pay 200 plus the 580 until it is rented out. Would it be more worth it to get a house?
2006-10-05 04:58:19 · 12 answers · asked by KelBean 4 in Business & Finance ➔ Renting & Real Estate
well that's actually not bad, rent for an apartment that big around here (LA) is more then twice that. I'd just stick there till the lease is up, you'll have plenty of room there for the first year of the baby's life.
2006-10-05 05:02:42 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Wait until the lease is up to move... That's not a bad price depending on your area... When I was in Boston, I was paying 680 a month for a 150 square foot room... When I first saw the ad I thought 150 sq feet was a misprint. Then I saw the room and figured 150 might be on the high side....
It's like they always say, It's location, location, location....
2006-10-05 12:11:25 · answer #2 · answered by Andy FF1,2,CrTr,4,5,6,7,8,9,10 5 · 0⤊ 0⤋
well that does not sound that bad at all. Let me tell you do you know how much a house costs now a days. Remember also that the baby will need alot of things and they are very expensive. On the house you will also pay insurance and all kind of taxes on it. Not counting that electricity will increase as well as water and other bills. a house is lager. Wait at least the first year and if you can start saving some money for that purchase it will be one of the most important decisions you will ever have to make.
2006-10-05 12:10:45 · answer #3 · answered by ? 5 · 0⤊ 0⤋
You should just wait until your lease goes up and then move. Its not a bad thing to be in a close space when you have a new baby. That way you're never far from it. I don't know if you're rent is a good deal or not. It all depends on the area in which you're living.
2006-10-05 12:06:25 · answer #4 · answered by JayEmmBee 3 · 0⤊ 0⤋
Its always worth it to get a house, but use this time to shop around for a house so you are not rushed into buying at the last minute because you have no where else to live. Enjoy these last few months of closeness with your spouse and new baby and take your time looking for the right house at the right price in the right neighborhood.
2006-10-05 12:11:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Depends on how many months you still have left. It takes months to purchase a house and you'll need a place to live until then.
As for your rent price on the size, depends where you live! If you live in a large city then that's reasonable if you live in a rural area with a bad school district then it's outrageous!
If you're seriously ready to buy a house, make sure you check out the school system for the kids!
You could always mess things up and get evicted! HA!
2006-10-05 12:04:39 · answer #6 · answered by Julie B 2 · 0⤊ 1⤋
the cost would depend on where you live if it is a highly populated city then no. and it would be best to wait cuz my parents own rent house and when someone breaks the lease they don"t care if it is rented out or not until the renters are done paying so if i where you i would wait or see if someone would like to take it over for you that would work to. good luck!!!
2006-10-05 12:11:48 · answer #7 · answered by Anonymous · 0⤊ 0⤋
It's impossible to know if that is a good deal or not without knowing where you are and being aware of the local market. Next time show better judgement and look around before locking in a lease.
2006-10-05 12:05:29 · answer #8 · answered by J O 3 · 0⤊ 0⤋
Houses are expensive. Better to stay in the apt. and save as much money as you can, because babies cost a lot of money! A house right now would be what I feel is a bad move, because a house (trust me on this) requires money too. And a lot of it! So wait it out and see what your financial situation turns out to be after buying 8 billion diapers! :)
2006-10-05 12:12:16 · answer #9 · answered by chefgrille 7 · 0⤊ 0⤋
The price is relevant to the area you live in...If You are willing to move...(GOOD idea to Buy...You'll reap the benefits from your payments) Put Your apartment on a advertisment to find a replacement tennant so you can move on....Good Luck
2006-10-05 12:21:43 · answer #10 · answered by JosephAncion 2 · 0⤊ 0⤋