Non-Cost Considerations of Rent vs Buy
Will you need to move in under 8 years? Especially with today's higher down payments, it is anywhere from around 6 to 8 years before a home buyer can expect to get their money out of a home sale after the costs of sale. Those can be significant. If you're not sure about having to move being out of your control, buying may not be wise. It may be best to look for a 1 bedroom apartment in Charlotte, NC.
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