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Compare the advantages of renting to buying. Why is it not always better to buy a house then to rent a house?
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- What are the main benefits and drawbacks of renting a place of residence?Can someone give me their input on this question please. Discuss housing affordability in general. When researching your response consider the following: personal income, housing prices, mortgage rates, nonmortgage expenses, and also personal/mental/social positives and negatives of owning vs renting.True or False: A realtor can help you find a home you like and can afford. O True O False
- Compare the disadvantages of renting to buying. List five things that could cause your house value to drop.What are the benefits and drawbacks of leasing a car rather than owning one?Question #5 (Chapter 9) Buying vs. Renting a home/apartment/used vs. new, etc. What are advantage and disadvantages of renting vs. buying a home? What are some of the agencies, groups that may help with a home loan, i.e. Mortgage, that please be specific, and outline or list source. thank you. Rent an apartment/home 1) 2) 3) Purchasing a home 1) 2) 3) Advantages Disadvantages Please list a few agencies local or national, including your bank, Federal Housing Agency, etc., that may help with loan Please be sure to see PowerPoint for Chapter 9, and or google, besides what we discuss.
- Rent versus buy analysis - Part 2 Which is better: to rent or to buy? The decision of whether to rent or buy housing is a personal decision that is based on both your lifestyle and your finances While most financial experts argue that the financial aspect of the decision. is important, it is also important not to base your rent- or buy decision solely on the numbers. Your personal needs and housing market conditions are important. However, it is still necessary to perform the financial analysis. Tim and his wife are trying to decide whether to rent or to purchase a new townhouse. After looking for several months, they ve narrowed their choice down to one particular house, and the builder is willing to lease or sell-depending upon the preference of the buyer. To perform a rent or buy analysis, Tim and his wife have collected the following information: if they rent, the builder will require monthly rental payments of $1,300 and a security deposit equal to two months of rent Since they…An increase in the value of a home is called?Although the selection of housing is usually based on life situation and financial factors, we should also consider what we might have to give up. In this context, it is correct to say that: * One of the main advantages of owning a previously owned house is the fewer responsability for maintenance. One of the main advantages of renting an apartment is the pride of ownership. One of the main disadvantages of owning a manufactured home (mobile home) is to be more expensive than other ownership options. The lost earnings from interest on the money used for a down payment on a home is an important opportunity cost when we decide to buy a house or make a mortgage.