Rent Versus Buy

Rent versus Buy 1. Introduction A. Audience Hook For decades straight people get windm confident(p) that in pasture to be fiscal stable they must(prenominal) become a central office owner. I am here today to show you that this is not the case. renting a home has m all much advantages than owning a home. B. Thesis statement My research result show that rupture a home will not only salve one a tremendous center of money, it will similarly cede one much more tractability and independence in their life. Your home is where you live. A kin is just a building. C. Main Points i. Between the high sign spending of get a home and the equity guesss confused you should think doubly slightly lease versus ownership. According to the united States Government enumerate (2011) the initial cost to purchase a home at the current median home equipment casualty would be $47,360 with the mandatory 20% down and approxima tely $3,000 in closing be versus a national number rent of $940 per calendar month. This would be a total of $2,380 with first and last months rent along with a security deposit. ii. With a letting home you can move and relocate anytime you would handle to wassail a more modern home without any of the expense to update or redecorate your home. According to Bankingmyway.

com (2012) the average homeowner spends approximately 1% of the home value per year in home improvements. That would be approximately $1,600 to $2,000 a year iii. Per push business (2012) renting a home will spare you the flexibl eness to relocate without taking on equity ! guess in your home. It will also allow you to change the finishing of your home with any lifestyle changes you may incur. With the uncertainty to the highest degree employment and a growing family this type of lifestyle flexibility can be priceless. When purchasing a home nearly people do not realize the equity riskiness that they might experience with home ownership. Please refer to optic aid for further details. D. Conclusion As you can see renting a home...If you want to get a abundant essay, order it on our website: OrderCustomPaper.com

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