http://frugalrealestate.com Real estate tips for frugal home buyers and sellers Fri, 11 Jun 2010 15:01:04 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://frugalrealestate.com/about/comment-page-1/#comment-342 Kate Wed, 31 Mar 2010 17:07:02 +0000 http://frugalrealestate.com/?page_id=2#comment-342 Hi, I am looking for some real estate advice. We live in an area where houses are very expensive and we cannot afford a single family home. We are currently renting a single family home. Our rental is a historic property owned by the community, so our rent does not pay anyone's mortgage, just the costs associated with the upkeep of the property. Because of this, our rent is significantly lower than the average rent in the area, and definitly alot lower than what we would be paying for a mortgage. My question is, is it wiser to stay put here even know we are renting? Or to try to purchase all that we could afford, which would be a smaller condominium? Hi,
I am looking for some real estate advice.
We live in an area where houses are very expensive and we cannot afford a single family home. We are currently renting a single family home. Our rental is a historic property owned by the community, so our rent does not pay anyone’s mortgage, just the costs associated with the upkeep of the property. Because of this, our rent is significantly lower than the average rent in the area, and definitly alot lower than what we would be paying for a mortgage. My question is, is it wiser to stay put here even know we are renting? Or to try to purchase all that we could afford, which would be a smaller condominium?

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