I would buy, and here's why.
You have a tax write off for the interest you will be paying.
If this is your first home purchase you have a $7,500 tax credit.
If you buy a home with at least two bedrooms you could rent out one bedroom lowering your payment.
You would certainly speculate some appreciative value by the end of 4 years.
You could keep the home as a rental to see more appreciative gain in equity over time.
These are just a few reasons.
If you want to work with an expert that can find you the home and do the financing as well I can certainly help.
Until you speak to a lender you won't know what you qualify for.
I can send you a link to search for homes in Tempe.
Just let me know.
Ph (480) 220-7491
Fax (866- 711 8573
Keller Williams - Scottsdale, AZ
2008-2009 Master of Real Estate award recipient
ABR, GRI, ePro, CNE, MRE, AHWD