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Sunday, August 12, 2007

To buy or not to buy

To buy, or not to buy: that is the question. Whether 'tis smarter at this time to invest and get something of our own, or to play it safe and test the waters with a rental. (Apologies to W.S.)

We went back and forth on this for a long time. I always thought that we should rent. I know that it is a little bit tougher on the kids (we have been renting for several years now and moving about once per 15 months - Bella will be moving into her fourth home in five years) BUT there are so many good reasons to rent.
1) It would be easier to leave if we don't like it (or have chosen the wrong type of house/area) - whether that means a different area of Costa Rica or back to the States - either way ----- easier.
2) There are good rentals to be had.
3) The real estate market here is still a little high, and with what is happening in the U.S. (I speak of the loan/bank situation) there should be people selling or at least not buying like before pretty soon.

So after seeing many houses for sale (Barry was fixated on buying to begin with, don't know why - he is one of the downest downers I know on the real estate market, but he eventually came around). Putting lower offers on two that were rejected. Looking at several rentals. We are decided. We gave a deposit and get to see the contract tomorrow. We should be able to move in by the end of next week. We are pretty happy about this.

It all seems like it was meant to be. The timing lines up pretty good (we finish up here next Saturday and will probably be able to get in to the house on Friday). Also, Barry the shipping guy says that the stuff should be ready by then. This is three events all lining up. I didn't know that could happen in Costa Rica. Fingers crossed everyone.

1 comment:

Saratica said...

Seems to me that "events lining up" is the ONLY way anything ever happens here... logic and planning make little difference. Congratulations on finding a place.