Rent or Buy?

gortiz · 03-29-2005, 09:23 AM

Two words of advice from somone who just spent the last 3 months looking for a home in fairfax.

1. Be prepared to bid over 25k over the asking price.

2. Don't worry about selling your house before you buy your house. Equity is good, but look at it this way, most people can't afford the house they are living in now, and if they want to move out they couldn't afford to live in the same 20 mile radius of there current home...most people.

What ever you buy, plan to stay awhile, if your the averarge person making average $$.

03-29-2005, 09:23 AM	#16
gortiz Special Teams Join Date: Oct 2004 Posts: 498	Re: Rent or Buy? Two words of advice from somone who just spent the last 3 months looking for a home in fairfax. 1. Be prepared to bid over 25k over the asking price. 2. Don't worry about selling your house before you buy your house. Equity is good, but look at it this way, most people can't afford the house they are living in now, and if they want to move out they couldn't afford to live in the same 20 mile radius of there current home...most people. What ever you buy, plan to stay awhile, if your the averarge person making average $$.

Rent or Buy?

Parking Lot