February 02, 2006

To Stay or Not To Stay

That is the question. Our lease is up April 30. We need to make a decision. Adam is up for staying another year. We could go month to month, but it would cost more a month. We didnt even know staying another year was an option, let alone staying without signing a lease. Apparently, between the three of us, we can make a little over 46,000 to qualify. But, even if we make more than that (which i doubt we do) we can still stay they just have to make sure we didnt lie on our original application. And if we fill out all the paperwork by the end of the month we will save $200 on the first month of rent. Rent has gone up so we will pay $12.50 more a month (if we sign the lease...otherwise it would be $25 more) We like living there, but it would be nice to be in our own home. Adam is probably the best roommate you could ask for. He is barely ever around. But it is still a shared apartment. If we did stay, it would give us more time to prepare for buying a home. Also, once we have a house (either rented or owned) I am going to want children. So staying here will be a good excuse to wait. Anyway, we don't have a lot of time to decide, and with everything else going on, this has been the last thing that we have been thinking about.

5 Comments:

Blogger Mikey said...

Coming from a guy who owns a house, and has had an adventure of trying to keep the bills paid this year, I'd suggest stay in the apartment until you've got a huge nest egg and, if you're going to buy a house, a good downpayment too. I'd hate to see you get into a house, and then something happens where you have to work 100 hours a week just to make bills.

9:44 AM

 
Blogger tarapetty said...

thanks for the advice. unfortunately i dont know if we will ever have a "huge nest egg" but maybe someday a little bit of savings. :)

10:19 PM

 
Blogger Andrea Rudd said...

Tara-
I will be praying for you as you make a big decision. As long as you don't move out of the area, we are okay with either decision (not that our opinion matters). The boys would miss you terribly if you weren't here though!
-Andrea

1:31 AM

 
Blogger Daniel Rudd said...

I think you should sell everything you have. Give the money to the poor, and live in an 85 gallon rubbermaid container.

The 120 gallon containers are really nice, but that might be a little indulgent.

9:34 PM

 
Blogger Mat said...

Since you have Adam as a roommate I don't think the 120 gallon container is indulgent. But I do agree with Daniel that you should sell everything you have and buy a rubbermaid container. They're durable and should keep you nice and dry in the rain and snow.

11:32 AM

 

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