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Compare And Contrast Renting Vs Buying A Home

720 Words3 Pages

Mueller 1
Adam Mueller

Scott Harpt

English Composition 1

October 4, 2015

Buying versus Renting a Home Buying a home allows homeowners to pay someone to gain ownership of their own home. Renting a home allows renters to pay someone to live in their home for a period of time. While buying a home and renting seem similar they are actually different. It is a great idea to weigh the advantages and disadvantages of both. They have to consider the maintenance, possible relocation, remodeling to make the home their own, payments to suit their financial needs, and the overall investment. This process will help to determine whether buying or renting will best fit their needs. Although similar, buying and renting are different in many ways. For …show more content…

If the property owner decides he/she wants to replace carpet/tile or wants to paint, they may do so. Homeowners do not need permission to remodel or make a few changes to their home. They have the option to make changes to their home to match their lifestyle. They are not restricted to someone else's style, but rather, can remodel to suit their vision (Hudson Valley Business Journal). Renters on the other hand are unable to make changes as they please. If they want to replace the carpet or want to paint, they will have to get permission from the landlord. Depending on the landlord they may be nice enough to allow some decorating, and some want things to stay as they are. Being a renter, that could be frustrating not being able to decorate to your lifestyle. Another advantage for homeowners is their mortgage payments will remain stable. They never have to worry about their mortgage increasing. When choosing a fixed rate mortgage, their payments will remain the same for the duration of the loan. This allows a peace of mind. While if you’re a renter they may not have a fixed rent amount. The rental fee can increase at any time and sometimes without notice. Landlords may raise their rental fees for numerous reasons. Including upgraded appliances, making renovations, or obtaining a new landlord could affect the rental

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Principal among his solutions was housing reform, not just the making of laws to limit the number of people who could be packed into a given living space, but also the destruction or renovation of old buildings. Riis also believed that the landlords must be subject to law and punishment for their malpractice. He suggest that the states have the power to regulate and control of overcrowding and that the tenements and the landlords set a fair ground between them. The following proposals mean that the landlords must set the rent at a reasonable price for both the tenants and the landlords, and provide appropriate repairs and necessities when needed. Accordingly, the tenants must show respect and take care of their home with proper treatment.

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Second, I don’t think I would have the option to move in with people and not sign a lease (in which I would have the option open to just move back out). Thirdly, I don’t think that I would enjoy living in Raleigh as much as I would enjoy living in

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It’s important to make sure that all systems and areas of the house have been fully inspected prior to purchase, as this can help identify any potential issues that may need to be addressed. If there are structural problems or other issues with the property that were not uncovered during the initial inspection, it could end up costing you time and money in the long run. Make sure to always get a thorough home inspection before investing in real estate so that your investment is well-protected and secure. Unfavorable property taxes and insurance

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The Homeless Need More Than A Blue Room In "Homeless" by Anna Quindlen, she writes that she meets a homeless woman, Ann, who claims she's not homeless because she has a photo of a yellow house. Quindlen understands what Ann is trying to tell her because Quindlen feels that a home is a unique place that can't be replaced by a shelter. Unfortunately, Quindlen concludes, our sense of home has changed significantly, but people like Ann remind us that the homeless, more than being a group of poor people without homes, are people who are rootless. While I initially disagreed with Quindlen that the homeless were people for whom I should have individual compassion, she ultimately convinced me that I should focus more on what they need rather than who

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Home ownership adds stability to the community and to the tax base. Crime is always less in communities where the majority of homes are owned instead of rented. And let's not forget about a home's value. Pride in ownership translates into taking care of

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The current government is creating a situation where more families along with their children are experiencing homelessness. An individual may be considered homeless when they lack permanent housing and have to stay in shelters, abandoned buildings or vehicles, on the streets, or in other forms of unstable situations. Many homeless people start out with jobs and stable residences, but then social and economic factors intervene, causing a rapid change in their living situation causing them to leave, and live on the street. Even with the population of homeless keeps increasing, the government does not aid nor benefit the homeless because they only worsen the homeless problem by having laws that go against homelessness, not helping mentally ill homeless population, and having the lack of subsidized housing.

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Low income housing: Low income housing is a struggle for families who want to live a better lifestyle. There’s needs and wants and when you have low income you don’t have time/or enough money to get the want’s you have to worry if you have enough for monthly rent cause if you but something out of order and you don 't have enough for rent you getting evicted. Just like that so sometimes you gotta be mindful of what you want cause people who have low income paying jobs can’t get the things they want. You also want to be on the lookout for your living conditions because you don’t wanna live in a house where it’s infested with roaches or rodents making your house dirty with bacteria and diseases (Castillo). Another thing is that people who tend

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At first glance, a "house" and a "home" are the same words. Both describe a place where someone lives, but with a deeper look at the words, we find that a house is simply just a building. A home is much more complicated than that. It is filled with objects and memories, which grow and change along with the family inside of it. Home is a place we come back to after a long day's work, the place where we go to seek shelter and protection.

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Bathroom remodeling has several different benefits. If you are considering home improvement project that have the capability of benefiting your home as a whole, the bathroom is a wonderful room to start with. In order to have an appreciation for the benefits that remodeling a bathroom has the capability of reaping, it is essential that you know and understand exactly what bathroom remodeling is. Remodeling basically consists of making one or more changes in order to alter the appearance, design, and/or functionality of the room. If you are interested in changing the appearance of your bathroom, redesigning it with a new theme, or creating a more functional bathroom, you will experience the following benefits: 1.

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There will be both supporting and opposing arguments on whether there should be free-housing provided to poor and homeless people. The article, “Free housing should be a universal right” gives reasons on why there should be free housing, also possible methods to achieve free housing. The idea of free housing is to give houses and accommodations to those that lack resources so they are able to prosper and live their lives. Free housing is supported by the ideas of basic rights and the well being of people. Housing is one of human’s basic needs to function.

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When going through these processes it is best to make a long-term decision. The long process of buying a house will affect me in many ways concerning my future. When I get older, I will have to apply these smart facts in order to get the right house for me. I will have to know how the government works with setting loans and property taxes.

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