Renting vs Owning a Home

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Renting an apartment is a better option than buying a house

Myia Hardy

COM/172

November 15, 2010
Michael Mclntyre

Introduction

Renting can put things in someone else’s hands

The question whether to rent an apartment or buy a home

The second reason for renting is why you would pay for expensive repairs

Lastly the most important reason why you should rent an apartment is better

Conclusion

Reference

Renting an apartment is a better option than buying a house

Renting now can make things become easier later. Saving money is what everyone wants to do. Buying a home can not only hurt someone financially but it can put you in a bind that can have you paying a bill for the rest of your life. The economy is on a decline right now so making the decision to buy a home can be a little tricky. Buying a home it is not a one time transaction. Once you have the home you continue to pay bills like your mortgage fees and maintenance. Think about all the money you have to come out of pocket to take care of some of the fees that will come when making a decision to buy a home. Renting can put things in someone else’s hands to where you can save more money from your monthly payments. When renting an apartment you will never have to worry about fixing the plumbing, sink or dishwasher because maintenance is paid by the landlord. Not having these fees leaves you with more money in your bank account expanding your option for your home when you get to that decision. The decision to rent now and buy later can give you enough time to wait on the economy to get stronger and much better than it is now. Buying a home will be a much smoother process. Rent now and buy later is the best way to go, at this time in our economy. The question whether to rent an apartment or buy a home is probably one of the biggest. There are many people...
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