Baby Corner


 
Old 05-10-06, 11:54 AM
NicholeMatthew's Avatar
Banned
 
Join Date: Aug 2001
Location: Ohio
Posts: 18,464
Thanked 5 Times
Points: 0
Level: 1
Weekly Activity 0%
Default

I would possibly consider it. Knowing the changes that would take place in 5 years (graduating from school hopefully getting a job) I would be able to get a nicer house for a lower cost. Then I could pay extra twords principle and not interest~ and it would far outweigh renting. Starting next month we will pay $625/mo renting, and we could buy a house with that much, it is just the houses aren't in the best area. If I could get a bigger nicer house (120,000-150,000 vs 79,900 ) then I could still be in the good school district which would just be a huge relief. Again, I would refinance after 5 years or move depending on where I got a job. But at least I would not be tossing my money completely away. Building equity even if slowly.
Reply With Quote
 
Old 05-10-06, 12:10 PM
AmyM's Avatar
SAHM mom of two.
 
Join Date: Mar 2001
Location: California
Posts: 8,271
Thanked 50 Times
Points: 2
Level: 1
Weekly Activity 6.67%
Default

I was going to mention the house prices going up. In California, you can nearly guarantee that your equity will increase just by prices going up. There are always reasons for doing things. You just have to choose the best situation for you.
Reply With Quote
 
Old 05-10-06, 12:15 PM
Bethann73's Avatar
is living life..
VIP Member
 
Join Date: Mar 2001
Location: Pennsylvania
Posts: 39,110
Thanked 263 Times
Points: 1
Level: 1
Weekly Activity 1.11%
Default

Heck no.. But now I can understand how these young people with 2 kidsand a SAHM can afford the $500,000 houses being built around here..
Reply With Quote
 
Old 05-10-06, 12:35 PM
savannah33's Avatar
is enjoying life!
Another Perfect Day
 
Join Date: Mar 2001
Location: Guyton GA
Posts: 83,560
Thanked 1,422 Times
Points: 17
Level: 1
Weekly Activity 90%
Default

I see now too Beth I always wondered what they were doing for a living.
Reply With Quote
 
Old 05-10-06, 01:06 PM
Pumkin's Avatar
VIP Member
 
Join Date: Mar 2001
Location: Poconos
Posts: 21,824
Thanked 124 Times
Points: 1
Level: 1
Weekly Activity 1.11%
Default

Yeah, I don't think it is the ideal situation and if I could avoid it then I wouldn't do it. However, that is the only way some people can aford a mortgage payment on a house in a decent area. It really stinks but I guess you just do what you have to do
Reply With Quote

Latest Articles
Kate Middleton Pregnant: Second Royal Baby on the Way
The rumors are true! Kate Middleton and Prince William are expecting their second baby. Get the details inside.

What You Should Know about Enterovirus-68
Enterovirus-68, a respiratory virus that has hundreds of children treated in the hospital is spreading across the country. Here's what you need to know if your baby or child gets sick.

Labor & Delivery Photographers: A New Trend
Your labor is packed, and you are ready to go. However, one person you might be forgetting about is the photographer. A new trend is hiring a photographer to capture the precious moments of when your baby first enters the world is now a must have!

Does Your Baby Need Probiotic Formula?
Probiotics are naturally present in your baby's stomach, but some formulas have probiotics added to it. Doe you baby really need probiotic add to his/her baby formula?

A Guide to Baby Clothes: From Sizes to Styles
Have you ever noticed that baby clothes are sized by age, instead of by measurements? Use this guide to help you pick the correct sizes for your baby. Hint: It's not by their age!

July 2014 Baby Photo Contest Winner

Baby Photo Contest Winner
Congratulations nwad2470!

Calculators & Tools

All times are GMT -4. The time now is 03:52 PM.


Pregnancy | Fertility | Baby | Toddler | Free Baby Stuff! | Community | Baby Names

About Baby Corner | Advertising | Editorial | Contact Baby Corner | Terms of Use | Privacy Notice


Powered by vBulletin® Copyright © 2014, vBulletin Solutions, Inc.
SEO by vBSEO ©2009, Crawlability, Inc.