Essay Buying Home Vs Renting

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Homeowners purchase homes within a community with the intentions of staying there for years. Renters have to pay the first month’s rent and a security deposit to move in.

They also have to fill out a rental application and sign a lease.

Renting an apartment is a better option than buying a house.

Renting now can make things become a bit easier later. Buying a home can not only hurt someone financially but it can put them in a bind that can have them paying a bill for the rest of their life.

Any maintenance needed is the responsibility of the landlord/superintendent. If there is an issue with the plumbing or the central heating and air unit, the homeowner is responsible for the maintenance. They have to take off work to be home when the repair man shows.

This saves the renter the headache of having to locate someone certified to fix the plumbing or the central heating and air unit. The proprietor also has to come out of pocket for these…...Each applicant pays a 0 entry free; if at least 3,000 people enter, he'll have raked in 0,000—close to what the market price would have been anyway.Many homes of similar size and with similar features in the same ZIP code go for over 0,000."This is the only method that we can think of that we could get our money back and also give a chance to someone to start a new life or build a home right in the city," he told Houston's KTRK-TV.There are pros and cons to both renting and buying.It is a great idea to weight the advantages and disadvantages of both.While Sage pledged to give the winner ,000 to get started in the innkeeping business, Wachs wants buyers to pay the closing costs.And if he doesn't get the entries he needs, he'll have to list the house the traditional way.The economy is on a rollercoaster right now so making the decision to buy a home can be a tad bit tricky.Buying a home is not a one time transaction because once you have the home you continue to pay bills such as mortgage fees and cosmetics.The owner of the Center Lovell Inn in Lovell, ME, offered up the seven-bedroom inn for 5 to the winner of a 200-word essay contest.In fact, that's how owner Janice Sage acquired the inn herself, in 1993.

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