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Some positives and negatives about renting and picking.Well if you rent, you have the flexibility to act. Leases run month to month, 6 months, and 1 twelvemonth. Home ownership limits you into the market whether it is a buyer or sellers market. The resale house is based off of competitive sales and overall demand, yet it will help lease. Renting allows you to blame everything on the owner. If you don’t like dealing with broken water heaters, leaky roof, and running toilets, then perhaps you are a lifelong renter. Owning a home allows you a huge tax advantage, potential tax-free capital gains, and emotional satisfaction. With that however, comes property taxes and upkeep.
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