The Pros And Cons Of Renting A Home

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PRO: More affordable

One reason why many people will opt to rent instead of own a home is the price. Considering many of the down payments now required and closing costs, the thought of a security deposit can look pretty tempting. In addition, the monthly cost of renting tends to be lower than most mortgages as you don’t have to worry about things like property tax and association fees if living in a condo.

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