money scripts: house buying

In common with a lot of people, I’ve grown up with some scripts relating to money. By this I mean things that I have absorbed in childhood that I have never questioned. One of those things cropped up during my current house purchase.
Somewhere in my life I have learnt that ‘you should always have a [...]

in response to renting or buying @ the simple dollar

Trent at the simple dollar posted on comparing renting to buying a house. He suggested that when looking at similar standard properties,

if rent exceeds the mortgage payment then a mortgage is (financially) better
if rent exceeds the interest portion of a mortgage then its a grey area
if rent is less than the interest portion of [...]

buying a house - part 1

I am at the moment in the process of buying a house and its going really well at the momentI took two days off work to go house hunting and trekked round the various estate agents in my locality. After a viewing a few places, I found my house. By this I mean that when [...]