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Rent vs Buy in Hudson County : Real Estate Advice

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Activity 1
Sun Jan 10, 2010
Susan Wesely answered:
What did you use for assumptions when you ran the calculations? Did you assume a mortgage payment similar to your current rent? You might re-run them to see what you could buy that would result in you spending less in initial purchase price. Then see what 's available for that amount.. If you like your options, buy. If you don't keep renting! Also, there are "quality of life" differences between renting and owning. Sometimes they can't be quantified, so you need to take your personal feelings into consideration. best of luck! ... more
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