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Updated over 7 years ago, 03/16/2017
To Buy or Keep Renting
Hello
I live between Austin San Antonio and rents are going up for SF homes to rent.I am spending 1900.00 a month between storage & apartment now and have been doing this for awhile.
Pre owned homes are selling @retail and above asking price between 105 to 120 sq foot.
I can purchase this new home for 251.000 that had a base price of 241.000 with 17.000 of builders upgrade. With 10% down my payment would be around 1500.00
This house has a Goodman ac 14 ser and 1 thermostat situated in upper floor to cool both floors. I am concerned about this set up.
Should I purchase or keep renting without knowing where the bubble or interests rates will be.
Thanks