Advice on my situation. First time buyer.My wife and I offered $105K ($53/square foot) on this house and it was accepted. With $25K down (my savings and investments are at $72K), our payments on a 15 yr loan will be about $750/month with property taxes and insurance. We are paying $800 rent now, but utilities at the new house will be about $100 more expensive. We are in our late 20s.We are currently in the inspection period. Foundation is perfect. Roof is new. Well is in great shape. Electric is fine (the circuit box needs a little work). Septic is somewhat worrisome: 15 years old and is a pump/shallow mound leach field. Inside needs painting and could use some remodeling in kitchen and bathroom. Home sold for $335K in 2005.My wife and I average about $3000-$3500 net income monthly and have no debt. We are both from this area and want to stay here permanently as long as we can keep our jobs. We do not plan to have kids.With this info would you stay renting or does purchasing this home seem reasonable?I GREATLY appreciate your time and help and really value this website and forum.July 12 2011 - Quincy00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.