The classic question. What are you better off doing? The considerations are many.
- How much can you afford to put down as a downpayment?
- How much is your rent now if you are currently renting?
- How much is the rent of the apartment you are interested in?
- How much can you afford in mortgage/maintenance obligations?
- What are your utilities now?
- What will the utilities be if you buy v. rent?
- What are the tax advantages to buying? (You should consult a tax professional.)
It may be something you need to talk through. Talk to me.
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