Renting an apartment is a better option than buying a house for young people like myself that have not reached the point of financial, mental, and emotional stability that it takes to buy a home. Most things we want in life can be negotiated to get what we want, but when it comes to buying a home, every piece has to fit the puzzle perfectly to even consider it as a option. I have also considered the most important point and goal of buying a home is being able to keep the home you bought because gaining when knowing there is a chance to loose is considered as "setting yourself up for failure" and only a fool would set there only self up to fail.
Renting an apartment over buying a house is the only option I have because of lack to prove the three qualities necessary needed for any bank to consider me as a qualifing candidate for a home loan. The first of three qualities I lack as a candidate to obtain a home loan through any bank is not being able to provide proof of sable employment history with same same company for 2 years. I have had the option to commit to focusing on school only instead of focusing on working and school at the same time. I chose to focus on school only to keep unnecessary stress-ors to a minimal for myself at this point in my life. Due to my choice, the consequences have left me without any work history to present to a bank when wanting a home loan to buy a home. The bank wants to see, no complications arising that can prevent you with problems paying the home loan back that you desire before considering you as a trust worthy candinadate for a home loan. All banks need proof of steady monthly income at at-least two times greater than the monthly mortgage payment you are considering to become considered as a qualifing canidate worthy of a home loan. With me not having steady income it would be impossible to let myself to consider buying a home and expecting to have the resources to keep the home. The consiquences of having not ever worked...
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