Mortgage Payments Lower Than Rental Costs

Attention Home Buyers:

For those considering a home purchase because the mortgage seems more affordable than renting, be prepared for unexpected expenses. I recently faced a surprise cost of $7,000 for an air conditioning unit just days before I moved in. Although I’ve owned my home since MS2 and remain satisfied with my investment overall, this experience serves as a reminder that unforeseen costs can arise at any time.

so true, unexpectd costs can really mess up ur budget! i nearly moved in without reserving extra cash. thanks for sharing ur experince, it’s a reminder to plan for these untimed surprises.