I took a tour on Sunday, and I'm almost ready to buy.
Would the eventual earthquake in Berkeley wipe out everything I own?
Shouldn't I be putting my money in the stock market instead? (It is down, you know. That is when you are supposed to buy.)
Up till now, I've always chosen freedom over commitment. Without a mortgage hanging over my head, I am free to quit my job and join the circus any time I want.
Rent on my cheap apartment costs far less than I make each month. The extra money goes into savings and earns interest and I can grab some any time I want to go on vacation or buy a car or take time off from work.
The condo would give me a garage to store big stuff in, like the kayak I've long wanted. It is much closer to BART. It is across the street from a park, on a bicycle-friendly street. It has a much nicer kitchen. It is much nicer looking in general. I wouldn't be as ashamed to show people my place.
If I get a mortgage, I'll need to keep a job for a long time. I would be responsible for repairs. (Full disclosure: I'd probably just let the place fall apart.) Would it become a money pit?
The biggest question is, will I procrastinate so long that I won't even have the chance to make a choice?
Will I be relieved that I no longer have to make a choice?
Will I be relieved that I no longer have to make a choice?
What should I do?