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Unformatted text preview: 3. Although the Zorans had good reasons for continuing to rent, what factors might make it desirable for an individual or a family to buy a home? If an individual or a family wants to purchase a home they must have a budget of what they can afford. An individual or family should also know that purchasing a home can benefit them by having their own privacy, more spacious than an apartment, and comfortable. Also, by purchasing a home you have your own property. If you were to stay in an apartment you are to pay every month and never to see that money back. However, having your own home and individual or family would pay mortgage but at the same time building equity. These factors make it desirable for an individual or family to buy a home....
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This note was uploaded on 04/14/2010 for the course ACCT Act695 taught by Professor Smith during the Spring '10 term at York University.
- Spring '10