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Whether to buy a house or not?

Posted on: 13th Jul, 2006 10:27 pm
I am planning to buy a house but I think I will get a transfer after 2 years. Should I buy a house now? Or Should I got for rent?
Hi,

Since you are expecting a job transfer within a period of 2 years, therefore it is better to rent a property rather than buy a house. Consider your financial situation and take into account the rental costs required for these 2 years before you take any decision.

Thanks
Posted on: 13th Jul, 2006 10:32 pm
Hi John,

There's no use investing a lot of cash and buying a new home when you can occupy it only for a short span of time. Even if you have thought of taking a mortgage in order to buy a home, I shall suggest that you think over again. It makes no sense taking a mortgage and making monthly payments and other costs for only 2 years of ownership in the property.

Thanks,

Sara.
Posted on: 13th Jul, 2006 10:44 pm
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