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antoniya [11.8K]
3 years ago
12

Which best describes the benefits of renting a home?

Business
2 answers:
gtnhenbr [62]3 years ago
8 0

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

<h3>Further explanation </h3>

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
<h3>Learn more</h3>
  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

<h3>Answer details</h3>

Grade:     5

Subject:  history

Chapter:   renting a home

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

Marina86 [1]3 years ago
7 0
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.
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