Maybe we’ll rent…

While Sean and I have been considering purchasing our own home for quite some time now, we’ve also looked into houses for rent in the area as well. In the long run it may actually be cheaper for the time being but this doesn’t discount the fact that we’d like our own chunk of land to own in the process – you know?

We’ve been doing some poking around rentals.com and even though real estate is hot in the area at the moment, this doesn’t mean we’re going to be leaving during the summer season either. There’s currently homes for rent in the area that are about $500 a month which is a big discount from the $2500 a month apartment I was living in, in New York. We’d have to pay our own utilities and what not but at least we’d be in a home instead of worrying about apartment living and all the dumb rules and regulations that go with it.

I personally think we should just pool our income and get a home in the complex, but that’s based on whether or not we’re looking to spend about $50,000 on a house and then $1,000 a month in the bills. Either way we’d be spending about $1,000 a month on bills it’s just the question of dropping the big cash on the house itself…heh.

What would you suggest?