~modern nature by sondre lercheso last night when I got home matt and I watched a movie. this movie. it's a cute story, he's not playing his "typical" character and it has an awesome soundtrack--it's all done by the same dude, sondre lerche. AND it has a song where he sings with regina spektor. me like.
there were some slow parts of it, but overall it was good and I think all of you should go watch it.
additionally, this whole to-buy-or-not-to-buy conundrum is making my head spin. on one hand--not moving, investing in myself, having a place I can settle into, the tax break, the current housing market are all big yay's. on the other hand--this and this (am I going to benefit enough from the tax break even though I'm paying property taxes?) are making me wonder, PLUS is it worth it enough to go into this and have to stretch my finances to make it happen? really? am I better off renting and investing my down payment money or should I buy? I'd like someone to advise me, please. thanks.
AND. most importantly: what will make Carrie happy, hmm?
whatever. just what I'm thinking...
today I am also flaking out on something. I am SO tired. I'm going home and taking a nap before Matt comes over. I was going to go to a SWE meeting, mostly because my boss is big on involvement in professional societies and one of my coworkers is active in it, but I just can't handle it today. I've been yawning since I got here!
oh, and here are some pictures I took on my way out of Mary Alise's neighborhood (PS, her house is CUTE!). I liked the trees. there were pretty blossoms everywhere and the mountains and wow!
3 comments:
Carrie, I have to preface this by saying that I am totally biased towards owning, because it has been a good experience for us. That being said, I look at it this way - yes, investing your down payment might pay similar returns to your profit when you sell your property later (doubtful with the way the stock market is going, of course housing prices could fall further as well!) However, remember that housing prices almost always (eventually) go up. The same cannot be said for stocks. Furthermore, you have somewhere to live in the interim, i.e. instead of investing your down payment and continuing to pay rent to someone else every month, you are *still* investing your down payment but then basically paying yourself every month by paying your mortgage payment (which in Colorado is often cheaper than rent, I am not sure how it is in your area but this is something to consider). You also have to think of the tangible benefits, i.e. you can do whatever the hell you want with your house/yard when you own, and have the comfort of knowing your landlord can't increase your rent, kick you out, or sell the property out from under you. I generally think if rents in your area are more expensive than or similar to the mortgage payment you would be making, it makes more sense to buy.
Just my two cents! Do with it what you will.
i love those pictures!
thanks, kara. you totally have a point. I'm just wanting perspective, because it is SCARY to decide all this on your own!
my mortgage payment would be about $300-400 more than my rent payment on a similarly sized place in a nearby complex. yes, really. dis-gusting.
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