- 3 years ago
- Wedding: May 2014
Hello there, Bee-ladies!
Thank you (if I haven’t already said it) for all the advice regarding my family drama–The wedding shower went much better than I figured it would, albeit a bit awkward considering the cousin who threw it for me was angry with me for what I said to her older brother. *shrug*
Anyhow, here’s my latest quandry:
The current place we live at, (we meaning my fiance, his elderly mother, and myself) is a very small, two-bedroom unit with 1.5 baths, a small kitchen, and average-sized living room in a one-floor condo. This place, in all honesty, was probably only meant to be livable for two people, because for some reason, there is just no room for all three of our junk. Not only that, but in the 14 years my fiance has lived here, he was paying $755, which included heat/hot water. But, due to condo association fees spiking way up, our landlord raised the rent for the first time ever, up to $1,000. Given the fact that we’d like to have a family very soon, we DEFINITELY need a bigger place!
Around here, it’s almost (if not most of the time always) cheaper to *PURCHASE* a home than it is to rent–however, neither of us are in a position to buy. Him because his credit score is tanked due to a defaulted student loan (long story) and me because, despite the fact I have EXCELLENT credit, I don’t make enough annually to qualify for a decent home that doesn’t need repairs or is in a nice neighborhood. Time is of the esscense though, and we really need to get out of this place, as it is already claustrophobic with the three of us. My fiance is a regular customer at a store here in town and got to know the owner very well–he mentioned he was trying to sell his four-bedroom home, 2.5 baths, but that because the price is set too high, (due to the fact that the gentleman that owns it put in brand new boiler, water heater, furnace, siding, hardwood flooring, etc.) he’s not willing to negotiate on the selling price. Needless to say, there have been ZERO offers since he put the house on the market. So, this man decided he wants to rent it, and we have top priority to get in. The rent would be the same, if not actually *MORE* than a mortgage, at $1320/month, no utilities included. My fiance’s mother agreed to pay $1,000 of it, as long as we agree to pay the balance plus utilities, which includes: OIL for heat and hot water; electric; and water, of course. Also included in the rent of this house is *ALL* the appliances–washer, dryer, dishwasher, refridgerator. I’m just trying to figure out exactly how to calculate expenses every month. I live in Connecticut, so heat is necessary from November to March, especially when we decide to have a baby–but anyone who knows or has oil heat knows it is the most expensive way to heat your home. I get paid biweekly, my fiance gets paid weekly, and my future mother-in-law gets her retirement,SS,and husband’s pension monthly. I’ve always been very good at calculating my general bills&expenses, but now is the challenging part. I wish I had a working knowledge of Microsoft Excell so I could work out a spreadsheet, but I was never good at it and forgot everything I did learn in high school about it.
Does anyone have any thoughts on this? Keep in mind, this is in a GOOD and SAFE neighborhood in my town, and most rents range between $1000-$2200 (give or take) in my general area and do not include utilities either. (The $1000 ballpark figure is the homes that live in the crappy parts of the area.) They are requiring a $2500 deposit if we wish to keep all of their brand-new appliances, which the future hubby thinks makes it worth it, considering we don’t have our own appliances. If we opt out of the deposit, then they would be storing their appliances in storage while they’re moved into their new home. If we do this, we’d be moving in first week of July. Again–does anybody have any thoughts/advice?
One more thing to add: The family that is in it now, (husband, wife, and 8 year old boy) are from India and the house smells horrid of curry–any idea how to get that out?
- This topic was modified 2 years, 11 months ago by Pulsepoint129. Reason: adding info