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Old 07-09-2008, 09:18 AM
sweetdbt sweetdbt is offline
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Join Date: Sep 2004
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I'm glad that you are happy with your purchase Susan77, but it sounds like the OP's situation is much different from yours. "Don't throw your money away on rent" is generally good advice in places like here in the US, where a months rent is often higher than a mortgage payment and (at least until recently) real estate is a much more liquid asset than in the DR, where properties can stay on the market for years.

Interest rates are high and rent relatively low in the DR kellyjfisch. The generally accepted wisdom is to rent for at least a year and find out if you like it there, where you really want to live and how much you should really pay before buying a home.
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