Owner or Renter

• -Society-

  

  believer;1640785 wrote:Soooooooo on a 30-year mortgage at - say - $175,000 that means you pay $131,000 in interest or $45,500 in interest if you can afford the monthly payments for a 15-year mortgage. Either way it's still a shit load of pissed away money. No different than renting I guess. :RpS_blink:
  
  So you're paying rent to the bank in the hopes that the property - once you "own" it outright - at least retains it's value adjusted for inflation or appreciates a little. Plus let's hope you have additional cash available for upkeep over the years. Did I forget to mention property taxes and insurance which never go away (and always increase) and those pesky HOA fees? All of that financial fun so you can sell it after 30 years because you're generally too tired by then to maintain and enjoy it.
  
  But - hey - you can paint that fucker any color you want as long as the HOA approves it!

  I never knew that every house was involved with an HOA.
  
  I rent currently, but will be looking to purchase a house next summer. With what we are paying in rent, we could purchase and pay approximately $400 less a month, with taxes and insurance included.
  
  I would imagine for homeowners, it has a lot to do with stability, not being able to "paint that fucker any color you want".
  
  It doesn't seem like your Ohio University education did much for you.
• believer

  

  -Society-;1640822 wrote:I never knew that every house was involved with an HOA.
  
  I rent currently, but will be looking to purchase a house next summer. With what we are paying in rent, we could purchase and pay approximately $400 less a month, with taxes and insurance included.
  
  I would imagine for homeowners, it has a lot to do with stability, not being able to "paint that fucker any color you want".
  
  It doesn't seem like your Ohio University education did much for you.

  lmao I guess I needed to add "sarcasm alert" in my rant to have someone like you understand it.
  
  Youre right...Not every home purchase has an HOA associated with it. I simply want those who are considering purchasing a home to avoid HOA's like the plague.
  
  I don't know where or what you're currently renting and what or where you're considering purchasing but if you can purchase for $400 less a month go for it. Hell, if you can rent for $400 less a month it's a no brainer.
  
  You're still paying rent to someone unless you're a 1 percenter and can lay out cash. : thumbup:
• -Society-

  

  believer;1640835 wrote:lmao I guess I needed to add "sarcasm alert" in my rant to have someone like you understand it.
  
  Youre right...Not every home purchase has an HOA associated with it. I simply want those who are considering purchasing a home to avoid HOA's like the plague.
  
  I don't know where or what you're currently renting and what or where you're considering purchasing but if you can purchase for $400 less a month go for it. Hell, if you can rent for $400 less a month it's a no brainer.
  
  You're still paying rent to someone unless you're a 1 percenter and can lay out cash. : thumbup:

  Why does it bother you if others agree to hoa fees? You must have been an idiot before and didn't know what you got yourself into. Lol. Ohio U education.
• ts1227

  

  believer;1640835 wrote:lmao I guess I needed to add "sarcasm alert" in my rant to have someone like you understand it.
  
  Youre right...Not every home purchase has an HOA associated with it. I simply want those who are considering purchasing a home to avoid HOA's like the plague.
  
  I don't know where or what you're currently renting and what or where you're considering purchasing but if you can purchase for $400 less a month go for it. Hell, if you can rent for $400 less a month it's a no brainer.
  
  You're still paying rent to someone unless you're a 1 percenter and can lay out cash. : thumbup:

  
  
  Just ignore the trolling retard. But yes, HOA membership would be the #1 deal breaker for me on a place. Zoning is bad enough let alone paying extra for the right for people to impose asinine guidelines on you with a HOA
• Commander of Awesome

  

  ts1227;1640952 wrote:Just ignore the trolling retard. But yes, HOA membership would be the #1 deal breaker for me on a place. Zoning is bad enough let alone paying extra for the right for people to impose asinine guidelines on you with a HOA

  He's a troll bc he hurt your feelz. LOL, Butthurt party of 1.
• ts1227

  

  Commander of Awesome;1640972 wrote:He's a troll bc he hurt your feelz. LOL, Butthurt part of 1.

  
  ok
• Commander of Awesome

  

  ts1227;1640973 wrote:ok

  Just because someone point disagrees or points out the moronic points of your argument doesn't make them a troll. Hope this helps.