Question and answer
Discuss the advantages and disadvantages of renting a home vs. buying.
Renting advantages: More fixed costs for the term of the lease, Not gaining equity, but not losing it either, When the lease is up, you can just move,There is generally less work in maintaining a home or apartmen,Smaller amount of "up-front" cash. [ DISADVANTAGES: No matter what happens with the value of the home, you will never gain equity,Limited--or no--ability to personalize your living
quarters,No tax advantage to renting. Your landlord gets any and all tax breaks that are available. ]
Get an answer
Original conversation
User: Discuss the advantages and disadvantages of renting a home vs. buying.

Weegy: Renting advantages: More fixed costs for the term of the lease, Not gaining equity, but not losing it either, When the lease is up, you can just move,There is generally less work in maintaining a home or apartmen,Smaller amount of "up-front" cash. [ DISADVANTAGES: No matter what happens with the value of the home, you will never gain equity,Limited--or no--ability to personalize your living quarters,No tax advantage to renting. Your landlord gets any and all tax breaks that are available. ]
iamtin|Points 842|

User: advantages and disadvantages of buying home

Weegy: Pros and Cons of Leasing vs Buying a Vehicle ... Here is a quick rundown of some of advantages and disadvantages of leasing rather than buying. [ Here is a quick rundown of some of advantages and disadvantages of leasing rather than buying, to help you make your decision: Advantages: * As we mentioned, a lease costs less than a purchase. * You don't have to worry about a large down payment. When the lease begins, you'll just have to pay the first month's payment, title, taxes, registration, banking fees, and a security deposit. * You don't have to worry about selling the car when you no longer want it. Disadvantages * As we mentioned, you don't actually own the car. * You aren't able to customize the vehicle or make modifications to it as you could if you bought it. ]
DEANA|Points 96|

User: Disscuse the Advantages and disadvantages or buying a home?

Weegy: Advantages Equity: By making monthly mortgage payments, you are contributing to the equity in your home. You'll probably be able to get that money back when you sell. You can even borrow against your equity to obtain a home equity loan. [ » Tax Deductions: Most of the interest you pay on home mortgages (a lot in the first few years) is tax deductible ]









Question
Asked 10/7/2010 1:04:06 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
17,582,040 questions answered
Popular Conversations
What is the square root of 6000?
9/29/2014 2:39:45 PM| 3 Answers
A list of potential sources of information for a paper is a(n) ...
Weegy: A list of potential sources of information for a paper in annotated bibliography. User: An index to ...
9/29/2014 2:50:04 PM| 3 Answers
In the Roman Republic, ____________ did not have power in the ...
Weegy: In the Roman Republic,non-citizens did not have power in the government.
9/29/2014 5:48:03 AM| 2 Answers
-2(4x + 1)= -8x + 2
9/29/2014 7:08:45 AM| 2 Answers
The Greek word “atomos” means ...
9/29/2014 9:56:07 AM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
P
C
L
Points 3198 [Total 27596]| Ratings 8| Comments 3118| Invitations 0|Offline
S
L
1
L
P
C
1
Points 2884 [Total 9415]| Ratings 12| Comments 2764| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 2659 [Total 19831]| Ratings 12| Comments 2539| Invitations 0|Offline
S
L
C
P
C
1
L
L
P
C
1
Points 2638 [Total 18577]| Ratings 18| Comments 2458| Invitations 0|Offline
S
L
1
1
1
1
L
1
L
Points 2548 [Total 12328]| Ratings 0| Comments 2548| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 917 [Total 12163]| Ratings 0| Comments 917| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 864 [Total 19395]| Ratings 2| Comments 844| Invitations 0|Offline
S
L
Points 711 [Total 1380]| Ratings 0| Comments 711| Invitations 0|Offline
S
1
L
L
Points 629 [Total 5752]| Ratings 4| Comments 589| Invitations 0|Offline
S
P
C
L
P
L
1
Points 152 [Total 6209]| Ratings 2| Comments 132| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.