Housing

Question 1

What is the advantage of renting a home?

Answer 1

Advantages of renting a home include a smaller financial commitment, it is easier to move or change homes, and there is less maintenance associated with renting a home.

Question 2

A disadvantage of buying a home

Answer 2

Disadvantages of buying a home include the higher cost to buy a home, difficulty in moving or changing homes, and difficulty in finding a buyer that will pay what your home is worth and can qualify for a loan to buy your home may take time.

Question 3

According to the video, the decision to rent or buy a home is an important decision that can affect not only your _____, but also your ________.

Answer 3

According to the video, the decision to rent or buy a home is an important decision that can affect not only your financial decisions, but also your quality of life.