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Old 7 November 2005, 01:43 PM   #33
Rockrolex
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Quote:
Originally Posted by pensivedoc
My townhome is the right half of this building. I say "my" loosely b/c I rent. There are very good arguments for buying or building in the next year, but I've not really been set on where I want to be geographically, and didn't want to be stuck trying to sell a place if I decided to move. Anyway, I'm enjoying it for now. . .
Looks like a nice place, Jason. Two car garage, very nice.

If you want some advice, I'd say buy if you're going to be where you are for at least a year, especially if the real estate market in your area is reasonably strong. In addition to the tax benefit you get from deducting mortgage interest, your equity will almost certainly appreciate and you can apply the appreciation to a new place if and when you move.
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