Comments on: Why I’m glad I’m not a home owner!

By: quick selection of great reads | plonkee money

quick selection of great reads | plonkee money — Sat, 31 May 2008 11:28:14 +0000

[...] why I’m glad I’m not a homeowner @ notes from the frugal trenches – yes, it’s true, homes cost you money. Lots of money. Rent whilst you can [...]

By: notesfromthefrugaltrenches

notesfromthefrugaltrenches — Thu, 29 May 2008 22:43:45 +0000

Beth, that’s very unfortunate for them. I hope they find somewhere else soon.
I certainly don’t think renting forever is the ideal solution for most either, but it certainly is buying me some time!

By: Beth

Beth — Thu, 29 May 2008 20:51:11 +0000

You do have good reasons, however my neighbors who have rented the same house for 9 years where just informed that their home is in foreclosure. Not only will they have to move fast, they will not be getting back there deposit.

They have never been late on one rent check.

By: notesfromthefrugaltrenches

notesfromthefrugaltrenches — Thu, 29 May 2008 20:03:24 +0000

Thanks SavingDiva, I’ve just added another consideration to the list – do I plan to go back to school or move etc.

By: SavingDiva

SavingDiva — Thu, 29 May 2008 19:57:21 +0000

I am also very happy that I chose not to buy! I would have had to purchase somethign with 0% down…and I don’t think I would have been able to pick up and leave to go to school