Answers, Shmanswers…

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“Charm is deceptive and beauty is fleeting…” Proverbs 31:30

I feel this verse is extremely appropriate for my rantings today…

So we’ve been renting this house, that by all of today’s construction standards, is ancient… It’s safe to assume it is at LEAST 76 years old, because the owner was born in it… Now, assuming it was built a few years before he was born, that makes it just about…well, ancient…

For all I know, the insulation may have been eaten away by mice or disintegrated years ago… And judging by our electric bill, I don’t doubt that’s true…

Anyway, the lease is coming up soon, and we were exploring our options in renting something a little newer for a comparable cost.

That leads us to the following scenarios:

  1. We move farther in town, take a downsize in house, but upgrade in quality for about $150-$200 more in rent cost
  2. We sacrifice newness and quality for space and yard, and still end up paying $150-$200 more in rent…
  3. We stay where we are with the mice and roaches and 76-year-old plumbing for another 6 months to a year, and maybe our rent will stay the same, maybe it will get hiked up…
  4. We buy a home for between $120,000 and $135,000 and have cheaper monthly payments by about $100-$200, and stay in it for the next 3-5 years until we can break even on selling it and moving back home…

Now, on paper, it looks like our best option now is to buy… Honestly, with interest rates as low as they are now, it looks absolutely stupid on paper to be throwing our money down a 76-year-old, mouse and roach-infested money pit for who knows how long. The concern comes in when you factor in selling a house in this economy… I have no way of knowing for sure what the economy will do in the next 3-5 years, I can only speculate… And everyone in this area who is military keeps whispering, “buy…buy…BUY!!!” in our ears… and everyone back home keeps saying, “rent, rent, rent” Now, if for the next 3-5 years, I can buy a house, be saving $100-$200 a month, and break even in the sale, or quite possibly, make a little money, I’m having a hard time telling myself that’s not the smartest decision.

Plus, having two border collies, which are high agility, high energy dogs, both over thirty pounds makes finding a place under $800/month in rent just short of impossible when it comes to negotiating with renters….

I really have no idea what to do, or where to turn guys…At this point, I’m praying that God will wave his hand over my eyes and make the answer miraculously clear…I’m open to suggestions and even prayers! HELP ME READERS!

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One response »

  1. Eden,
    This is a dilemma…I have no idea what to tell you would be best…but I will pray with you for God to lead you to the best option. Give it totally to Him.
    Love you,
    G’ma

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