Are you renting or did you bought your home ?

@koedoe (101)
South Africa
January 18, 2007 5:06am CST
Do you have a mortgage, or are you just renting your house ?
1 person likes this
17 responses
@k3tk3t (3134)
• Philippines
18 Jan 07
we are not renting..we didnt bought our home.... me made our home...
1 person likes this
@koedoe (101)
• South Africa
18 Jan 07
Now thats kewl !
@urbandekay (18314)
18 Jan 07
I own my home but I have no mortgage as I bought it outright, then I tore down some walls and remodelled the layout. Nice not having to worry about rent or mortgage repayments all the best urban
1 person likes this
@koedoe (101)
• South Africa
18 Jan 07
Mna i wish I could own my own home, I just finished my studies and are only getting paid so so, and ofcouse I want a new car, but I think I should first get a house ?
@jade01 (803)
• Australia
18 Jan 07
we have a mortgage, its good because now i can do things like change the color of the walls
1 person likes this
@koedoe (101)
• South Africa
18 Jan 07
LOl what does your husband say
@mlylumad (95)
• Philippines
18 Jan 07
I just started renting a small studio just last dec 2006. I am in the process of putting up my own small house so that I don't need to rent. I hope to move into my own house before march 2007.
1 person likes this
@toonatoons (3740)
• Philippines
18 Jan 07
we're lucky to be living in our own house. it took my parents years and a lot of hardwork to pay off the mortgage, and it's all worth it. i think renting is a waste of money, unless there are rent-to-own houses.
1 person likes this
• India
18 Jan 07
we live in our own house we give houses for rent for some others
1 person likes this
@shoelover (1573)
• Australia
18 Jan 07
I have a mortgage. If we sell this house and buy another we will be mortgage free though.
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@cassidy22 (2975)
• United States
31 Jan 07
Temporarily renting. Just sold my first house that I bought almost 9 years ago, and planning on buying a large farm in the spring. We needed to rent while the other house was listed, to make sure we weren't paying 2 mortgages at once!! I can't wait to be a homeOWNER again! I hate renting.
@stonehr (818)
• Croatia (Hrvatska)
31 Jan 07
I'm renting.. since I don't have right now ability to buy home.. but I hope that will be possibble some day
@jhrcsr (349)
• United States
31 Jan 07
We purchased our home. This was because, I could purchase this home and have a lower payment than I could rent anything near the size of this home. The home is also paid off at this point so no mortgage. When we purchased this home....three bedroom homes in our town were renting for 700+ but our mortgage payment was only 525. This was a huge savings. We decided it was better to purchase at that point. We always recommend to our friends to compare the rental prices in the area they are looking at then mortgage rates in the same location prior to making any decisions on what to do.
• United States
31 Jan 07
I am renting my home in southern california. I have been looking to purchase, I am sick of throwing my money away renting!
• India
31 Jan 07
still in rented house,
@Shababy (141)
• United States
31 Jan 07
We have a mortgage. I think there are pros and cons to both. When we rented we didn't have to worry about the repairs and homeowners insurance taxes etc. However, it is nice to say the home is ours and to build equity. Or course everytime I think about the hole in our swimming pool that has to be repaired I think why didn't we rent. I can't belive all the stuff we have had to repair on our home in the last year. Sometimes I think bulldozing it and starting over would have been easier but at the end of the day I love our home and am very proud to be a homeowner.
• United States
31 Jan 07
I bought my own home and have a mortgage for the next 17 years. What about you? You rent or own?
@cutepenguin (6458)
• Canada
18 Jan 07
I am renting. I really want to buy a home, but with the way prices are escalating around here ( a million dollars for a 5 bedroom house, for example) I don't think I will be able to afford one for a long time.
@sndshrane (288)
• India
18 Jan 07
Hi, I bought my home. I own it I didnt want to mortgage it.
@sizzle3000 (3040)
• United States
18 Jan 07
I bought a house fifteen years ago because I wanted my own home. I did not want to rent where someone could tell me what color I painted my rooms. I am beginning to wonder why I bought a house now. The prices of houses have skyrocketed. Now I have to worry about paying the new property tax amount, since it has doubled. I still think it is a good decision to buy instead of rent.