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Answers (3)

- Joel Weihe, "Joel Weihe"
- Contributions:9
In all honesty you should try and buy a home and quit enriching your landlord and start building some equity for yourself. Often times in that price range, $800, you will lay out less cash every month for a nicer place that is your own. It's also a great way to hold on to your money and even grow it. Now is a good time too as economic indicators are pointing to an improvement in the economy which will mean higher prices and interest rates. Check out this blog for more information and guidance.

- HomeSand.net, "White Picture"
- Contributions:4395
You will pay even lesser than $800 for $120k house, included Principal + Interest + Tax + Insurance + Water. Assume 20% downpayment, mortgage of 96k.

- BMFPitt
- Contributions:1207
Where are you paying $800 for 1BR that houses are $50-85k? Does that include utilities?




I pay $800/mo. for 1 bed apt., should I just find a home for rent and hope there's an option to buy?
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