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christy
Married 5 Years!
Member since 1/02 6763 total posts
Wedding Date:
4/18/2003 6:30 PM
Wed. Location:
Flowerfield
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NWR: rent or wait to buy....
Ok, I currently live in a basement apartment in a relatives house. I am welcome to stay (for very cheap rent) after the wedding for as long as I like. This way we can save for a house. But, I would really like to just get an apartment and move out right after the wedding so I can be with my FH. I really want out of the basement, but I know it would be smarter to stay and save for a house. What would you do?
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Posted 12/17/02 9:23 PM 
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OctBride03
My Baby!
Member since 9/02 6770 total posts
Wedding Date:
10/19/2003 4:00 PM
Wed. Location:
Fox Hollow
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Re: NWR: rent or wait to buy....
I would stay. JMO. Just think of how much money you could save! And the house you could get!  No one wants to live in a basement, but it sure will help you in the long run!
But like I said JMO.
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Posted 12/17/02 9:27 PM
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Stacey1403
Board Princess
Member since 10/02 10844 total posts
Wedding Date:
1/4/2003 3:00 PM
Wed. Location:
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Re: NWR: rent or wait to buy....
If you guys can **** it up for a little longer I would try and save for the house! 
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Posted 12/17/02 9:27 PM
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Stacey1403
Board Princess
Member since 10/02 10844 total posts
Wedding Date:
1/4/2003 3:00 PM
Wed. Location:
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Re: NWR: rent or wait to buy....
I can't believe you can't spell suc*
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Posted 12/17/02 9:28 PM
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tarakinspa
Feather Bride
Member since 3/02 2481 total posts
Wedding Date:
5/18/2003 12:00 AM
Wed. Location:
Watermill, Smithtown N.Y.
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Re: NWR: rent or wait to buy....
I wish I had a backup like you did so i could take advantage of it, it is so hard to find a house right now. Guess it depends if you get lucky but i wish I didnt have to stress over the wedding and a place to live all at the same time.
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Posted 12/17/02 9:28 PM
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christy
Married 5 Years!
Member since 1/02 6763 total posts
Wedding Date:
4/18/2003 6:30 PM
Wed. Location:
Flowerfield
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Re: NWR: rent or wait to buy....
I know saving is the sensible thing to do. I am looking so forward to living with him, and I dont know how much privacy we will have living downstairs from my family! Ahhhhh but a house would be wonderful!
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Posted 12/17/02 9:28 PM
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kelly4
Little one due Feb 25, 2006!
Member since 12/01 2658 total posts
Wedding Date:
10/20/2002 12:00 PM
Wed. Location:
Westbury Manor
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Re: NWR: rent or wait to buy....
IMO I'd save! We did for 1 year and ended up with a house we love and NO RENT!!!!! It's all ours! But, you have to do what you are happy with. If you can **** it up for another year, then I'd say definately save for a house. I f you hate it where you are, then I'd move out ASAP. You have to weigh your pros and cons!
Best of luck!
Kelly
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Posted 12/17/02 9:36 PM
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kelly4
Little one due Feb 25, 2006!
Member since 12/01 2658 total posts
Wedding Date:
10/20/2002 12:00 PM
Wed. Location:
Westbury Manor
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Re: NWR: rent or wait to buy....
LOL Stacey! I wrote suc* also and it came out as **** also! What's so wrong about ****! Suck, ****, ****! (ok, sorry, I'm getting a bit out of hand!)
Kelly
LOL again! They let one pass! (edited to say this)
Message edited 12/17/2002 9:39:11 PM.
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Posted 12/17/02 9:38 PM
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NAN7/03
Board Enthusiast
Member since 12/02 77 total posts
Wedding Date:
Jul 5 2003
Wed. Location:
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Re: NWR: rent or wait to buy....
I can relate! My fiance and I live in a studio apartment and it's really tight. But...we think staying here is the best way to save a reasonable down payment on a house. Good luck!
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Posted 12/17/02 9:38 PM
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Stacey1403
Board Princess
Member since 10/02 10844 total posts
Wedding Date:
1/4/2003 3:00 PM
Wed. Location:
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Re: NWR: rent or wait to buy....
Hee Hee Kelly
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Posted 12/17/02 9:40 PM
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babeyblu16
Board Fanatic
Member since 2/02 421 total posts
Wedding Date:
Jul 4 2003
Wed. Location:
Watermill
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Re: NWR: rent or wait to buy....
My FH and I are in the same situation. It is so expensive to live on LI. We are going to stay in the basement of a relatives house as long as we can to save money. Especially since the wedding is so expensive!!!
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Posted 12/17/02 9:41 PM
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tarakinspa
Feather Bride
Member since 3/02 2481 total posts
Wedding Date:
5/18/2003 12:00 AM
Wed. Location:
Watermill, Smithtown N.Y.
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Re: NWR: rent or wait to buy....
We are both still at home, saving money but tortuous!
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Posted 12/17/02 10:10 PM
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112903
"I'm Addicted"
Member since 7/02 2683 total posts
Wedding Date:
11/29/2003 2:00 PM
Wed. Location:
Riveria in Mssapequa
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Re: NWR: rent or wait to buy....
IMO stay as long as you can and save what you can...Try it out for awhile and see how it goes
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Posted 12/17/02 10:15 PM
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bride082003
Mommy's Little Boy
Member since 8/02 2276 total posts
Wedding Date:
1/1/2003 12:00 PM
Wed. Location:
Giorgio's
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Re: NWR: rent or wait to buy....
WAIT WAIT WAIT to buy. renting is such a waste especially if you can make it where you are for cheaper....
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Posted 12/17/02 10:19 PM
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Buttafli1277
"I'm Addicted"
Member since 1/02 2163 total posts
Wedding Date:
5/18/2003 12:00 PM
Wed. Location:
Crest Hollow Country Club
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Re: NWR: rent or wait to buy....
We are both at home too. THere is really nothing out there right now worth the money they are asking for. I'm getting a little stressed out about the living situation. We both rather not rent, but if we don't find a house by the wedding we might have to.
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Posted 12/17/02 10:21 PM
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Marcela1654
Board Princess
Member since 2/02 10392 total posts
Wedding Date:
5/16/2004 3:00 PM
Wed. Location:
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Re: NWR: rent or wait to buy....
I would stay and save!
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Posted 12/17/02 11:01 PM
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chefe
Board Enthusiast
Member since 11/02 158 total posts
Wedding Date:
9/29/2002 12:00 AM
Wed. Location:
Tribeca Rooftop, New York, NY
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Re: NWR: rent or wait to buy....
Sounds like you have a good deal, so if you can hold out and save for a house, do that. With housing prices the way they are, if you moved into an apartment now, you'd just have to wait longer for your house.
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Posted 12/17/02 11:03 PM
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LnP2003
It's A Sickness!
Member since 8/02 5437 total posts
Wedding Date:
Sep 21 2003
Wed. Location:
Hicksville, NY - Reception (Jericho Terrace)
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Re: NWR: rent or wait to buy....
christy, that is only your choice to make, but i will tell you what FH and i have decided to do. Before the wedding & for the first couple of months we are going to try to live in an apartment that is a month to month, rather than one that we have to sign a lease for so that we can buy a house for us to live in with our future children!
good luck in your choice!!!!!!!!!
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Posted 12/17/02 11:26 PM
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SomedayBride
married!
Member since 5/02 2054 total posts
Wedding Date:
1/1/1995 7:30 PM
Wed. Location:
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Re: NWR: rent or wait to buy....
Stay with your relatives. It's not like you'll be living in their den, you have your own apartment right? What an awesome way to save money! I wish someone in my family would extend such an offer to us :(
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Posted 12/17/02 11:42 PM
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wacky
Happy to be ME
Member since 11/02 9976 total posts
Wedding Date:
6/21/2003 12:00 AM
Wed. Location:
Stewart Manor Country Club
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Re: NWR: rent or wait to buy....
Stay we are living a 1 bedroom and although its a little small. We arent budging so that we may purchase a house sooner
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Posted 12/18/02 6:30 AM
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Sassyz75
My Chihuahua!!!!!
Member since 11/02 4848 total posts
Wedding Date:
1/31/2003 12:00 AM
Wed. Location:
Carlyle on The Green
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Re: NWR: rent or wait to buy....
I would say do whatever makes you feel comfortable. Me and FH just signed lease on a new apartment that's a few hundred dollars more a month. We could've stayed in the apartment I am i now, but I wanted to make a fresh start with him and be in a place that we both picked out. Maybe we wont' be able to buy a house right away, but we'll be happy- also, we don't know where we want to settle, so we decided to rent for a while.
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Posted 12/18/02 9:42 AM
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charliesgirl
Board Fanatic
Member since 7/02 891 total posts
Wedding Date:
3/29/2003
Wed. Location:
Milleridge Cottage
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Re: NWR: rent or wait to buy....
IMO I would stay. We will be living in multi-family house that my FIL's own. This was their way of helping us out with the wedding. They know how much we want to buy a house so they are letting us rent one of the aprtments for next to nothing. If you decide to stay in your family's house you have more of a reason to save money faster and buy a home. That's the way I look at it.
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Posted 12/18/02 9:46 AM
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mv1003
"I'm Addicted"
Member since 11/02 1783 total posts
Wedding Date:
10/19/2003 3:00 PM
Wed. Location:
The Crest Hollow- Woodbury L.I.
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Re: NWR: rent or wait to buy....
All I can recommend is really think it through. Are you going to be comfortable living in the basement? How long do you think you'll be living there? 3 months, 2 years? As long as you and FH agree and are willing to weather any storm, it'll all work out. What I mean by weather any storm is... let's say you 2 agree to live there for 1 year. During the year life happens and your 1 year plan turns into a year and 1/2 - or 2 years? Is that something that you both will be comfortable with?
I'm just looking at the stiuation from a realistic point of view. I moved out in August to live w/ my Mom to save for the wedding. We "planned" to move in together by October so we could live together a year before the wedding. Hi, as you know it's December, and it looks like we'll be waiting until March/April now to move in. It's a little frustrating at times, but I'm rolling with the punches. Life, it happens sometimes.
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Posted 12/18/02 10:14 AM
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christy
Married 5 Years!
Member since 1/02 6763 total posts
Wedding Date:
4/18/2003 6:30 PM
Wed. Location:
Flowerfield
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Still debating the rent vs. buy
First I want to say THANK YOU, to all the ladies that responded. I am still stuck on this one. I feel if I write about it I may sort it out. My dilemma is complex. I live with my poppa. He is a widowed now. He really does not want me to leave, but I will not have a private life here. It will be dinner for three every night. I am craving some privacy with my FH and we wont have it here. But if we stay here for at least a little while we can save for a house. So I have to decide do I want to start my marriage off with hardly any privacy, and the obligation of taking care of my grandfather, or do I want to start fresh with my FH. I love my grandfather, and I feel badly leaving him since my nana just died less than a year ago. But at the same time I want my own life...but I also want a house. I am so confused, dont know what to do.
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Posted 12/18/02 8:41 PM
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