Own or Rent?

@Mommamea (1215)
United States
November 23, 2006 8:46pm CST
Do you own or rent your home? What type of home is it? I live in a single family 3 story house in a neighborhood where the houses are close together. We hope to move to the country with a lot more peace and quiet. I don't like the city living.
4 people like this
51 responses
@suscan (1955)
• United States
28 Nov 06
I own my house,or very nearly do,about 5 years and my mortgage will be paid off. It is a single family home in the suburbs.
1 person likes this
@Mommamea (1215)
• United States
20 Dec 06
must have gotten a great deal or nice down payments. I owe so much we will have to leave the mortgage to the kids. That is if we don't move out within the next year. I am keep my fingers crossed. Thanks for the response.
• United States
28 Nov 06
We just moved into our home so we have a long way to go before we have our mortgage paid. We have a new modular home. It is a ranch style home with a full basement. I live in the mountains so I have a lot of peace and quite. We don't have anyone living right next door to us. We live on a hill above our neighbors. It has a great view and it is really nice.
1 person likes this
@Mommamea (1215)
• United States
20 Dec 06
My dream. To be in the middle of nowhere but home. Sounds like the perfect setting. Was this home already on the property or did you purchase it and then the home? I would love to live in the country or somewhere I don't hear the neighbors snoring when they sleep. Houses are to close together. Thanks for the visual.
• United States
28 Nov 06
We rent our home from my mother. Basically we pay the mortgage for her. We are trying to sell it now though so we can move to Florida where we will yet again be renting.
1 person likes this
@Mommamea (1215)
• United States
20 Dec 06
If you are selling the home why wouldn't you buy again in Florida? Hope you have good luck selling it and be safe moving to Florida. I hope to get down there within the next year.
@wolflvr (335)
• United States
28 Nov 06
We own our own home. We have lived here for almost 4 years. Before that we rented. Our home is a 3 bedroom cape. We live in small city. The houses are pretty far apart so we have lots of land. I have lived in the same area my whole life.
1 person likes this
@Mommamea (1215)
• United States
20 Dec 06
Nice to be able to stay in one area but I enjoyed traveling over the years. It was nice having to pay rent or a mortgage while my husband was in the military. We now own our home although it's not in the area we want to stay forever. We hope to sell it within the next year and move to Florida. Thanks for the response.
@Meljep (1668)
• United States
28 Nov 06
Owning a house/property is a much better deal in the long run. You give money to someone else when you rent. When you own or pay the mortgage company every month, you increase your own bottom line.
@Mommamea (1215)
• United States
30 Nov 06
Yes this is true. Most of realise this but still can't afford it or don't have the right credit to get a loan to buy a home. I'm sure we all would own a home if it were that easy but thanks for letting us know this.
• El Salvador
28 Nov 06
We own our house. Its a semi detached, 3 bedroom 2 bathroom house. We just moved in about a month ago. Its our first home! My husband and I lived with my parents for 3 and a half years before we bought our house.
1 person likes this
@Mommamea (1215)
• United States
28 Nov 06
Wow how did you handle that? I don't know that I could live with either of our parents that long. I love them dearly but have many different views now a day. Good luck in your new home. It's a great feeling isn't it?
• United States
28 Nov 06
I own a single family home that is in the country, kind of....I have acreage, but close neighbors.
1 person likes this
@Mommamea (1215)
• United States
28 Nov 06
I am in the city and can't wait to get back to the country. One of these days it will happen.How much acreage do you have? I would love to have horses and cows, you know the farming kind of land.
• United States
28 Nov 06
Oh thank God we don't pay rent anymore! We rented for so long and now we finally have our own house to call home...at least until we get bored with it and move on to something else...lol. We have a two-story Cape Cod house...it is cute but I really want a ranch house. I am really tired of having stairs, they are so dangerous for children and older people and I don't want to have to worry about someone I love slipping and breaking their neck on our stairs, there is enough out there trying to get them...I don't like adding to the list.
@Mommamea (1215)
• United States
28 Nov 06
Good for you! I have to many stairs. I use to like the different levels but as age is beginning to set in We have decided to never have stairs again. Laundry doesn't get done as often with stairs...
• Japan
24 Nov 06
hi, i am married and living in abroad.our native place is india.we dont like to settle in abroad.we planned to settle only in india.so,we dont have any plan to own a house in abroad.we used to save money and buy house in india.few days back we bought one new land and registered.we are going to built our dream house there.
@Mommamea (1215)
• United States
24 Nov 06
What is your dream house? How much does a home there cost? My home is nice and worth over $400,000 but I think it is because of where we live. If you bought the same house in another state it wouldn't be as much but in other states it would be worth more.
• United States
24 Nov 06
we are renting our house now. its a nice 4 bedroom 1 story house, its in a good location. we are hopping that the owner will decide to sell it to us someday.
@Mommamea (1215)
• United States
24 Nov 06
I hope they will sell it to you soon. It is a great feeling to own a home of your own without having to do with it what someone else wants.
@usmcsgtwife (4997)
• United States
30 Nov 06
i guess we kind of rent our house,, we live in base housing
@Mommamea (1215)
• United States
20 Dec 06
I sometimes wish I was back in base housing. Some of them are nice others need alot of work. I would love to not have to pay a big mortgage at this time. If I knew then what I know now it would have been different. Thanks for the response.
• Philippines
24 Nov 06
renting for almost six years.
@Mommamea (1215)
• United States
20 Dec 06
A long time to be paying someone elses bill when it could be your own. Hope you get to buy soon. Thanks for the response.
@Lydia1901 (16353)
• United States
24 Nov 06
Rent for now. Someday, we'll buy.
@Mommamea (1215)
• United States
24 Nov 06
We rented for many years and got tired of paying for someone elses mortgage. Now we own our home and love it.
@Bettyann (2486)
• United States
24 Nov 06
i rent a apartment
@MouDiX (346)
• Cote D'Ivoire (Ivory Coast)
28 Nov 06
rent for me
• Singapore
20 Dec 06
It is better to own a home.Why rent?It feels uneasy.
@JMPILAPIL (503)
• Philippines
12 Dec 06
We own a house with three bedrooms. I born here now I'm 23 and my family lives here for 24 years now.
• United States
12 Dec 06
Rent for now, Hoping to buy.
• United States
11 Dec 06
i live with my parents
• Singapore
11 Dec 06
i live in my parents home.My country is very very city living.
@fl0urish (5385)
• India
11 Dec 06
we have own house