Essay On Rental Home

Some people might think that renting and owning are pretty similar, but they do have a lot of differences that people tend not to think about. In fact most people don’t do a lot of research on the differences and similarities. Renting a place to live is a wiser choice and is cheaper in the long run, but having a place that you own has a lot of advantages to. Some differences that people don’t think about are maintenance, utilities, and restrictions.

Rent control refers to laws that limit the amounts of rent and the amounts that rent can be increased in any year. There is no statewide rent control in the US, and all the rent control laws and regulation are passed by cities. Most of the cities with rent control are located in New York, California, and New Jersey. Washington, D.C. also has rent control.

A house is typically has multiple bedrooms with two levels. They range in prices renting wise or if you would purchase. It could be in a great location or a very horrible place. Though, my horrible could be your dream. No matter where you live and what you chose, you want to make sure your surroundings are in your liking. The neighbors can’t be too noisy or nosey. You want to make sure the amenities are close by or even in your neighborhood.

Those who argue in favor of rent control say that it is the only way to protect

standings and are more difficult to enforce. Before signing a rental agreement always conduct a preliminary walk-through in the actual premises you intend to rent, so as to identify any problems that should be fixed before you rent. Verbal promises made by the landlord to fix the

When you own your home, you have the luxury of not answering to a landlord, and the ability of decorating the inside and surrounding property as pleasing to you. But as a renter you have the flexibility to move when desired instead of staying stationary in a purchased home.

When someone is deciding whether to purchase a home, there are a multitude of considerations involved. Purchasing a home is usually the largest investment someone ever makes and they need to take into account the advantages and disadvantages between buying and renting.

| * Offers flexibility for people to decide where they want to live * Landlords are responsible for most of the maintenance of the property

As a home owner, you are responsible for pretty much everything; not just a payment at the first of the month. Many new homeowners are shocked to know that there are other things that will cost associated with owning a home such as yard maintenance, malfunctions with heating and air conditioning, and other expenses that are necessary for the upkeep of the home. This is one way that home ownership can offer hands on experience for a renter that will prepare them for the “real thing”.

When someone makes the decision to buy or rent a home they must consider the advantages and disadvantages of each. In buying a home the primary advantage is that you actually own it. You can do whatever you want with it. Also, you are building equity as the years go by. “People today have problems saving for their future” (CNN Money, 2014). However, when they buy a home, the

Renting is typically less expensive overall than owning a home. First, it does not require a substantial down payment, though it often requires a security deposit equal to 1-3 month's rent. Also, renters are not responsible for property taxes and repairs on the home, as homeowners are. Monthly rent is often cheaper than monthly mortgage payment, depending on the home and the property being rented.

Some individuals may believe that buying a home is part of the American dream and that renting an apartment does not compare, yet satisfied renters would disagree. Even though owning a home provides a sense of security while allowing modifications without permission, renting is preferred more often over buying because the expense of updating, monthly payments combined with utilities, and paying insurance on a home comes with a high price tag. A homeowner does have several luxuries such as forming lasting friendships with their neighbors, making landscaping changes to their yard, painting and designing their home. While that remains true, renting an apartment comes with several different options and

Why spend money that is really needed for other things? Why live uncomfortably? Why be trapped in this hole called a home that belongs to another person? Why not live free and peacefully? When a person rents he or she usually throws away money that could be used to purchase something that belongs to them. Money is not easy to come by so why pay out hundreds toward something that is not benefit to the person paying it out. There is no good explanation for making a decision like this. The best option in a situation like this is to buy a house. Buying a house is a better option than renting an apartment.

Rent and move-in Assistance; the primary barrier to permanent housing for many individuals is financial assistance, security deposit, monthly rents, and household needs

One place that I see every day but don’t put much attention to is my house. The house that I live in is near by a park and a gas station. My house is small and cozy is made of steel frames, the anterior part of the house has a beige and pink color that combine a beautiful shade. The inside of my house has many portraits of family members and drawings. I have a total of two bathrooms and four rooms a kitchen and two living rooms. We have a living room that’s used for grown-ups and the other one is used for the children. The kitchen table and chairs are made of wood, in the ceiling there is big chandelier. The walls of my house are painted in different colors that are green, beige and pink. I like that every room has its own different color, it’s not boring it brings life and shade.