The topic that I have chosen is buying a house is a better option than renting an apartment

The topic that I have chosen is buying a house is a better option than renting an apartment

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The topic that I have chosen is buying a house is a better option than renting an apartment. I have chosen this because I feel that it is important that people know what they are getting into when they rent vs. buy. I think that some people like the short term commitment, but in the long run they are doing themselves a disservice as far as making the investment of buying a home. There are many ways that the investment of real estate can benefit a person. One way is you build equity in your home which can help you in the future with regular home maintenance, remodeling, or any other reason you may need to use your equity in the form of a loan. When you own your own home you are able to personalize it more. When you rent, you are forced to deal with the way it is decorated for as long as you live there. When you own your home, you can choose how you want to decorate it. It is also important when buying a home that you stay on budget and not over spend when
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Unformatted text preview: making the actual purchase. I feel that a lot of people now days are forced to rent because they have gotten themselves in over their heads when they bought their homes and ended up having their homes foreclosed on them. In this paper, I want to show people the benefits of owning a home as opposed to renting. I also want to show people the proper way of going about purchasing a home to ensure that they will be able to afford their home and not end up losing it. I also want to show people what they could have if they put their rent money towards something they personally own. I think if people learn all of the benefits of purchasing a home as opposed to renting they will be more inclined to buy a house. I want to show people that renting is basically the same as throwing your money away and not ever having anything to show for how hard you work....
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