Keep in mind even if you rent you are paying these fees and taxes. The person that owns the home is just passing these cost to you in the form of rent. Also if you rent you will always have a monthly rent payment. If you buy and can't afford cash at some point in the future you should pay off the mortgage and one day live payment free and only have the taxes and fees as cost. Also the bond can be paid off either over time or in a lump sum.
|