i have a question for ya in the dfw area or wherever you see im about to be moving into a new apartment and its going to be a 3 bedroom and 2 bath so its ganna run about 1123 for EACH month so what me and my roomates were thinking was fuck it lets get a house but ive never bought or thought about getting a house i wanted to ask is it worth it to get a house or should we continue to just pay rent and stay at the apartment.

i was kinda hopin maybe somebody else had gone through something like this before and give alittle insite into the matter.
thanks later

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"Her lips were red, her looks were free,
Her locks were yellow as gold :
Her skin was as white as leprosy,
The Night-mare LIFE-IN-DEATH was she,
Who thicks man's blood with cold."

Samuel Taylor Coleridge

My roommate is a real estate appraiser for the DFW area. I asked him your question.... Depending on your location that will decide whether or not you should get a house. If youre in dallas, then stick with the apartment cause that is a good price. If you're in arlington then you can probably afford about a 150,000 house for the same price each month (but you will also need to put down a dowpayment). Hope this helps.

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Helping girls make bad decisions since 1979

thanxs man that help out alot we are planning on just getting the apartment cause of all the shit that goes into getting its going to be in the arlington area right off of 360 so it in a good location

___________________
"Her lips were red, her looks were free,
Her locks were yellow as gold :
Her skin was as white as leprosy,
The Night-mare LIFE-IN-DEATH was she,
Who thicks man's blood with cold."

Samuel Taylor Coleridge

Just another point... it isn't usually worth it to buy a house unless you are staying some place for at least 5 yrs. Which you may be, but wanted to point that out.

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"und Ich tanz einfach weiter"

quote:

Originally posted by peterdjsgirl Just another point... it isn't usually worth it to buy a house unless you are staying some place for at least 5 yrs. Which you may be, but wanted to point that out.

EXACTLY what i was going to say.

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quote:

philippe - In MEXICO says: ur the most clever pothead i know philippe - In MEXICO says: u deserve a fucking medal

Yes, normally that is true, but at the same time if you know what you are doing you can flip properties for a good profit. Granted, you don't want to move all your stuff in and then 9 months later clean it all out, but real estate is explosive right now. If you think buying a house in dallas is a bad investment then you need to think again. There is nothing here that won't turn a profit.

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Helping girls make bad decisions since 1979

quote:

Originally posted by peterdjsgirl Just another point... it isn't usually worth it to buy a house unless you are staying some place for at least 5 yrs. Which you may be, but wanted to point that out.

i disagree.
go with the house.

on a $150k house you would be paying about about the same amount (if not less) in mortgage payments (30 year fixed) as you would rent on that apt mentioned. but the difference is that money you pay in mortgage is going into your own equity where as apt is going down the tiolet. within 1 year you've payed off the closing costs of a mortgage and after about 3 years you have an equity (your own cash basicly) of $10k

not only that, in texas you have great tax incentives for buying a home. most of what you pay as property tax can be written off as income tax saving you hundreds.

and now would be better time than next year in buying a house cause interest rates are starting to go up

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If God is the answer, it must have been a very stupid question.

Leave it to a fellow aggie to agree with me. He knows what he is talking about. By the way, Izzy, what's your major? I graduated Ag Development and was thinking of going thru LERE

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Helping girls make bad decisions since 1979

quote:

Originally posted by Dirk W. Leave it to a fellow aggie to agree with me. He knows what he is talking about. By the way, Izzy, what's your major? I graduated Ag Development and was thinking of going thru LERE

I graduated this May with a computer engineering degree. What are you doing now in dallas? LERE would be cool... my brother and i are trying to open up an intellegence and consulting company for the hospitality & bar/restraunt industry. interested? i'm going to be moving to austin in a few weeks for another job but eventually he and i will become millionares and live the american dream (mu-hahaha)

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If God is the answer, it must have been a very stupid question.

lemme be the first to talk for someone not living in texas...
i live in an 1 bedroom apartment and it costs 1200 a month
my parents live in a 600k house and its only like a 3 bedroom place

lucky texan bastards...
:P

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