Do you Rent or Own?

[Teekie]

I don't think renting is a waste of money. My sister in law is renting a townhouse to buy (pays the rent, to pay off the house) and has been living there 2 years now, happily with her hubby and 3 kids.

 

[Cheri]

Yeah, I need to focus on debts too. I can't wait to pay it off next year !!

I live in apartment for 8 years. Yikes ! I am not sure, where I will go after my two sons finish their High School.

Hey, You are doing Very Good as being A Single mother.. Debits is hard to get rid of. I know I been there did that and still doing it...That is why I got rid of all my Credit Cards I cant afford Paying that on my Wage.. Expectly everything Changes when u Have Children and No Child Support. It is hard but It gets better.

 

[Opal]

No it is not a waste of money..Some People do not want to own a house for a lot of reasons.. See I do not pay water or sewer like owners do I do not pay for repairs that needs to be done in the house if something broken... The Landlord does it. I do not like to waste money on Repairs that going to rip me off I have seen alot of homeowners getting ripped off remodeling their home hire by someone or Repairing their Home...I do not want to be the victim of taken advantage of ... If u notice that Most people take advantage of Senior citizen why? because they think they wouldn't figured anything out. Just like Single Mothers too.

To me, Rent money is dead money! In the long run, you will rent the house forever, and the homebuyer will stop pay the mortage and houseowner with good investment $ for their offsprings.

Yes, for renter people, they don't pay for water, rates, house repair etc, they won't feel security living there knowing the landlord have the right to refuse to re-lease the rent agreement contract etc. Renters will be forced to shift their things all the time.

I understand it suit some people to live in a rent house for various reasons.

 

[GalaxyAngel]

CAS?

In Ontario, Canada..
Children Aid Socitey kept visiting my place and took our children away..
which neighbour was false report againist us.. Judge found out that neighbours is racisit.. and big charged the neighbours.
Too much townhouses community looked us horrible.. decide to sell our house.. Pretty awful lot of loss money but gladly moved away.. Neighbour really embrassement totally.. plus rest of other neighbours townhomes are looked at her.. None mine problem.
few month later, I was checked that area where I lived.. Many of them who trying to sell their home..
Sad!

 

[MilitaryGirl83]

Jeremy & I am renting a duplex apartment right now. It has 2 master bedrooms, large living room & dinning room...medium bathroom and kitchen.. plus porch. It's really nice and we love it alot. We plan to have a house somewhere near the view of the mountains in a few years. We would like to have a 4 bedroom house with a garage and big backyard in the country.

 

[Liebling:-)))]

I own 3 bedroom country house, 2 garage & garden since 1989 & 2 extension since 1999.

 

[Teekie]

To me, Rent money is dead money! In the long run, you will rent the house forever, and the homebuyer will stop pay the mortage and houseowner with good investment $ for their offsprings.

Yes, for renter people, they don't pay for water, rates, house repair etc, they won't feel security living there knowing the landlord have the right to refuse to re-lease the rent agreement contract etc. Renters will be forced to shift their things all the time.

I understand it suit some people to live in a rent house for various reasons.

actually, if you rent to BUY.. its not waste of money, cuz your rent goes to paying off the house. We have that here and my sister in law is renting a house to buy.

 

[Ziusudra]

That's true, where I live at the moment, I don't have to pay rent, I live with my boyfriend and we want to move out eventually. Even though I don't want to be paying off someone else's mortgage, it's cheaper and easier. One day, we'll just buy land and build our own house.

 

[kuifje75]

It is true that rent is a waste, but not everyone can afford to buy a house, at least at some time of their life. Also, some people do not want the committment of having a house to maintain and keep up, so they rent and leave it to the landlord to take care of that responsibility. Plus, some people may not want to stay at an area forever, so they rent, then move to a different place later on.

 

[Liebling:-)))]

To me, Rent money is dead money! In the long run, you will rent the house forever, and the homebuyer will stop pay the mortage and houseowner with good investment $ for their offsprings.

Yes, for renter people, they don't pay for water, rates, house repair etc, they won't feel security living there knowing the landlord have the right to refuse to re-lease the rent agreement contract etc. Renters will be forced to shift their things all the time.

I understand it suit some people to live in a rent house for various reasons.

Exactly...

I received many disadvantages over Landlords because I myself had an experience for 3 years before bought a land to build our dream house.
Landlord do what they want with tenants. I received alot of complaints over landlords what they dislike rent agreement...
Some of werid agreement like this:
No Pet Allowed...
Shower/Bath are allow to use between 6am & 8pm... (because neighbours need peace)
No noise between from 1pm to 3pm (the children had to learn to be quiet)
No wash clothes hang at outside or garden work at Sundays
No BQ parties are allowed to use 8 times a year.
then more.....etc etc etc
No Mowing the garden from 7pm.

Some of Landlords let them to have pets due to contract agreement...
No barking between 1pm & 4pm...

The Landlord can change/renovate your appartment what they want like heaters, etc. Alot of Anger....

I OFTEN read the newspapers over the fighting between Landlords & tenants... Example like neighbour complaint over noise sex at other thread...

I rather own my house to save the hassle.. & good advantage about our future pension like what RedRum stated.

The neighbour & I shared our turn on each week to clean the stairs every 2 Saturday until one day I was busy to prepare to host the visitors. The neighbour remind me to clean the stair. I told her friendly that I hae no time then I´ll do it tomorrow (Sunday). She said No, right now with annoy look because she want to be quiet at Sunday.. She complaint to my mother-in-law. My mother-in-law came to upset us then took the basket & water, then clean the stair for us. Can you imaged how you react like this? Real hot like fire! It's not first time, they keep on complaint to her that we made noise when we received the visitors, do fitness... etc. etc. I got enough.
Now I'm happy with house with no complaint.... I do what I want... I can hang the wash outside because it's my garden. I can wash my car what I like because it's my yard. We can grill our meat at our garden what we like... Nobody can tell us what to do.

The landlord gave my friend notice because they sell their house to other owner....., because their children want to live there....., because .... because .... because.... Alot of disadvantages.. You have to be careful to deal with landlord before sign the agreement contract .

 

[Cooldeaf]

Hey, You are doing Very Good as being A Single mother.. Debits is hard to get rid of. I know I been there did that and still doing it...That is why I got rid of all my Credit Cards I cant afford Paying that on my Wage.. Expectly everything Changes when u Have Children and No Child Support. It is hard but It gets better.

Hello Cheri I read you to write hello Cheri have I it to write to from of read OH- to. I have to ask whether in the USA money to no children give you?

 

[Cheri]

Hello Cheri I read you to write hello Cheri have I it to write to from of read OH- to. I have to ask whether in the USA money to no children give you?

There some Deadbeats Parents out in the world Some do not pay Child Support I guess cuz they do not want to pay Child Support but..There a place where they try to hunt the Deadbeat Parents down and Collect Child Support but if they dont have jobs or working under table then Tough My Luck. That is why it is important not to depends on Child Support. So I have to do whatever it takes to Support My kids Alone If I get Child Support great that is extra Money.. If not then... it wont happen but it will never dispears he would still have to pay off the remain balance even if the child turns 18..So.. I Hope I can collect before he passed away in the later future.

 

[Cheri]

We are not here to judge people that rent is a waste of money.. U do not know what Is going on with their lives do u know what their income is? do u know if they also get child support? I think that is very arrogance to Judge When u are not in their feet and have no clue what they do in their life...

My 2 cent worth.


I am happy Renting my house I do not plan to live here for the rest of my life like u some owner live in your home forever that ur choice I dont judge so dont Judge me.

 

[Cooldeaf]

There some Deadbeats Parents out in the world Some do not pay Child Support I guess cuz they do not want to pay Child Support but..There a place where they try to hunt the Deadbeat Parents down and Collect Child Support but if they dont have jobs or working under table then Tough My Luck. That is why it is important not to depends on Child Support. So I have to do whatever it takes to Support My kids Alone If I get Child Support great that is extra Money.. If not then... it wont happen but it will never dispears he would still have to pay off the remain balance even if the child turns 18..So.. I Hope I can collect before he passed away in the later future.

Thanks for their info.! In Germany... who has baby gets then immediately children money! To 18 year and work place get then end of children money! So life we in Germany! I Interssant in the USA experience in-collect

 

[Opal]

We are not here to judge people that rent is a waste of money.. U do not know what Is going on with their lives do u know what their income is? do u know if they also get child support? I think that is very arrogance to Judge When u are not in their feet and have no clue what they do in their life...

My 2 cent worth.


I am happy Renting my house I do not plan to live here for the rest of my life like u some owner live in your home forever that ur choice I dont judge so dont Judge me.

I understand it suit some people to live in a rent house for various reasons. I said it earlier.

I admired single mums and they deserved a trophy for bravery!

 

[Opal]

actually, if you rent to BUY.. its not waste of money, cuz your rent goes to paying off the house. We have that here and my sister in law is renting a house to buy.

Yes, same with my sister in England, she rent a council house that belongs to the Government, and after living in that same rent house for at least 3 years, she can buy it if she wishes with very cheap and low price, which she did and renovated it, she sold it with handsome profits and bought another house in cash with no mortgaged at the age of 30!

In Australia, you cannot buy off Housing Commission House that belongs to the Government, and its a long waiting list to live these Government houses, and more and more people went to private rent houses that belongs to landlords and the rent is much higher than HC homes.

 

[Cheri]

I understand it suit some people to live in a rent house for various reasons. I said it earlier.

I admired single mums and they deserved a trophy for bravery!

Awww... Thanks Hun.

 

[DeafSCUBA98]

The problem about down payment. The bank rather to see the debts less than 5,000 thousand dollars. If you have more than 10K debts, you will be overwhelmed to deal with bills, mortgage, etc...

My credit point is 775 % which is excellent. But... I rather not to be overwhelm to pay the house or condo mortgage. What is more, my age !!

When i got my house.. i don't have to pay any down-payment.. i brought my house with $0 down payment with 0.0 points.. with 7.5 % interest for 30 yrs... now next week.. i'm going to refinance my house.. cuz the interest rates are 4.5% right now.. and they're gonna pay off all my credit cards so i will have $0 balance for credit cards and it will become tax-dectuable and my monthly mortgage rates will be $76 less per month than i currently am paying.

i did this through www.deafmortgage.net its a great service

 

[Kalista]

When i got my house.. i don't have to pay any down-payment.. i brought my house with $0 down payment with 0.0 points.. with 7.5 % interest for 30 yrs... now next week.. i'm going to refinance my house.. cuz the interest rates are 4.5% right now.. and they're gonna pay off all my credit cards so i will have $0 balance for credit cards and it will become tax-dectuable and my monthly mortgage rates will be $76 less per month than i currently am paying.

i did this through www.deafmortgage.net its a great service

Oh wow, that is extremely wonderful !! Thanks so much for your information. Definetly, I will contact this person today !!! Thanks !

I want a house !!!

 

[Opal]

Oh wow, that is extremely wonderful !! Thanks so much for your information. Definetly, I will contact this person today !!! Thanks !

I want a house !!!

I hope your loan will be approval, and then happy house hunting !