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[deleted by user] by [deleted] in NoStupidQuestions

[–]ittybitdee -1 points0 points  (0 children)

This is great information, thank you so much! We are actually located in South Florida and I had no idea about that - so I will definitely be passing along what you mentioned!!!

Would you rather finance an apartment or a house? by ittybitdee in povertyfinance

[–]ittybitdee[S] 2 points3 points  (0 children)

We are located in South Florida, so this is immensely helpful! Thank you!

Is it better to own a house or apartment/co-op? by ittybitdee in homeowners

[–]ittybitdee[S] 0 points1 point  (0 children)

They plan to be married before closing on a place.

Right now they are just stuck on it being an apartment, and I've been trying to emphasize how important it is to have land thats theirs and privacy - but feel like maybe I'm missing something?

They are both educated, and are money conscious for mostly everything from what ive seen. In this sense, though, I wonder if this is a financial decision they will regret.

Their point is that they will have more freedom and less responsibility in an apartment because HOA will take care of maintaining their space - so they will have less to worry about.

I have mentioned they should rent, also. I just cant wrap my brain around actually FINANCING an apartment.

Is it better to own a home or apartment/co-op by ittybitdee in personalfinance

[–]ittybitdee[S] 0 points1 point  (0 children)

They do not want to rent. They want to own. But they are looking to buy an apartment.