5/5/13 Real Estate Extra Credit Renting vs. Buying Picking a place to live is one of the biggest decisions we make in our lives. It is a decision that is not to be taken lightly and must be planned out way in advance. One thing you need to decide is whether you want to buy or rent a home. There are pros and cons of renting and buying a home; and you need to be able to decide logically what is going to work best for you. There are many different things you need to access at when
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the advantages and disadvantages that consumers have been renting versus buying a home. Information will help them make the right decision. Buying a house is one of the largest investments that many individuals make. It also needs to be a carefully thought out process making sure that it fits their needs as well as personal reasons. Renting is better when they are looking for short-term versus long-term the money that is spent on renting will double in the years to come if they continue to rent long
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A HOUSE OR AN APARTAMENT Everyone’s dream is to have a comfortable place to live. As the majority of people‚ I want to get a beautiful house someday‚ but unfortunately it is not so easy to get because it is very expensive. But there are several differences between owning a house and renting an apartment. The first difference is the noise. If you are renting an apartment and you are a noisy person‚ it is very uncomfortable for the rest of the people who live with you. For example
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APARTMENT (in American English) or flat (common in British English) is a self-contained housing unit (a type of residential real estate) that occupies only part of a building. Such a building may be called an apartment building‚ apartment house (in American English)‚ block of flats‚ block‚ high-rise or‚ occasionally mansion block (in British English)‚ especially if it consists of many apartments for rent. Apartments may be owned by an owner/occupier by leasehold tenure or rented by tenants (two
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family situation. Buying a home should never be done lightly and if buying is too much for your family then perhaps renting is the option that you may want to consider. Take a look at the various options and no matter what you decide to do‚ buy or rent‚ the choice should suit your financial needs‚ location‚ your responsibilities‚ and family’s needs. Ask yourself if you have the money to buy a home or do you simply rent? When buying a home‚ your mortgage
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Renting vs. Buying The table below will help you see how much you’ll spend in rent over the next 1‚ 5‚ 10‚ & 15 years. Wouldn’t you rather put that money into your own home and build equity in a secure investment? If your current rent is: $500 $600 $700 $800 $900 $1‚000 $1‚100 $1‚200 $1‚300 $1‚400 $1‚500 1 YR $6‚000 $7‚200 $8‚400 $9‚600 $10‚800 $12‚000 $13‚200 $14‚400 $15‚600 $16‚000 $18‚000 5 YRS $30‚000 $36‚000 $42‚000 $48‚000 $54‚000 $60‚000 $66‚000 $72‚000 $78‚000 $84‚000 $90‚000
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The question is whether they should buy a house or an apartment. Are there more advantages or disadvantages to living in a house rather than in an apartment? There are several reasons why people choose to move into a house or apartment. I prefer living in an apartment at this stage of my life but someday in the future I would like to live in a house of my own. There are advantages for living in a house in respect to privacy and freedom. Usually houses come with private yards or gardens or extra
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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
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I. Buying a house is what everyone wants‚ but renting may be the way to go for certain people. A. The choice of buying versus renting a house can be a big financial decision. B. When making the decision of buying or renting a house it is important to consider a few things such as cost effectiveness‚ the positives and negatives of equity‚ and handling maintenance problems. II. One positive outcome of buying a house is it is a better investment in long run. A. Buying a house
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is baWhy Options Are Better Than Futures For Hedging Futures trading can be used for two main purposes; Speculation and Hedging. While most retail futures traders get involved in futures trading for the purpose of leveraged speculation‚ it cannot be forgotten that the true purpose of futures contracts is for the purpose of hedging. Hedging using futures is technique most professional money managers use for decades. However‚ there is one main problem with hedging using futures and that is the
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