only?..and does that include any costs included in your rent...Water/Garbage..Cable..internet ect..
Are you accounting for Maintenance costs..insurance..taxes ect.?
Do you really know the Market..is the city budget healthy..jobs in area..services being cut (Police/Fire/Schools (All things that impact value) Know the process, how to tell a decent deal from a bad deal, a good Agent from a Smoke Blower..same for Lender?
Months is not years...I'd suggest using some time (Months) to really become as informed as possible about the Market in the area you're interested in, know the costs of ownership, the buying process, buying costs, know about services/jobs/city county budget outlooks, form an informed opinion about prices flat, dropping, will probably drop more,
This is a huge decision, a huge commitment, a huge financial transaction..your money. future, you'll be the one impacted positively or negatively by your decision/actions
Be smart...Shop Smart
It ain't Rocket Science but it ain't as easy or simple as some would make it seem or wish you to think
Source: http://www.zillow.com/advice-thread/Break-my-lease-and-buy/462465/
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