Question

Which best describes the benefits of renting a home?

Answer 1

Which best describes the benefits of renting a home? D. None of the above.

Further explanation

Renting a home will give you all the benefits of living in a house without the  commitment in long term and recurring expenses. Rent is a tenant's regular payment to a landlord for the use of property or land. Renting provides greater flexibility but can lead to higher costs in the long-term.

There are some benefits of renting a home:

• Maybe cheaper than the mortgage payment
• Freedom to move or downsize when necessary.
• No risk of home price depreciation.
• Fewer maintenance costs, if any
• No down payment required, less deposit
• No real estate taxes and renters insurance
• Less stress
• Renting can cost not more upfront.
• Renting is more flexible than owning a home.  When the lease expires, we can always shift to another place.
• Renting has a not lease that cost money to break.
• We don't need many financial commitment because one who buys a house is required to have a substantial amount of financial commitment

Learn more

1. Learn more about renting a home brainly.com/question/6661118
2. Learn more about cost brainly.com/question/2004396
3. Learn more about owning a home brainly.com/question/7016106

Answer details

Grade:     5

Subject:  history

Chapter:   renting a home

Keywords: renting a home, home, cost, flexible, owning a home

Answer 2

The best answer for this is D. None of the above. Renting has a lot of benefits especially for people whose job requires to travel or job that needs to be relocated most of the time. Renting can be more flexible than owning a home in a specific place or location. Renting is also cheaper than owning a home/house since the payment is lower than house payment.