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Old 12-02-2007, 11:15 PM
REDCART REDCART is offline
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Default Re: rent before buying?

Every book and every article I've ever read about relocating after retirement suggests that you rent for at least 90 days, preferably a year, before buying. All we could think about were the 78 million baby boomers standing in line waiting to buy in TV. So we were unusually hasty in our decision to buy. However, in hindsight, we're not sorry and we would have only wasted money by renting. Of course, the market corrected itself so that we would not have spent all that much more by waiting two years. Prices are close to what they were two years ago and in the case of patio villas, they're significantly cheaper now than in 2005. But who knew. It's been said many times here, you're buying a lifestyle. There are bigger, cheaper (and maybe nicer homes) all over FL. If you're not friendly and you don't like socializing, then maybe you should definitely rent to be sure that the closeness doesn't bother you.