can somebody help to find 3 differences between renting a apartment and buying a house? i have to do a essay!?

Pattie Vold: Length of time -- renting can be short-term, like half a year; but buying implies a long-term commitment.Renting means you never own it; while buying means, well, you do own it.. After you quit renting, it returns to the original owner; if you buy it and decide later to move on, you sell to a subsequent owner.Buying ==may== be more expensive then renting, although I am not convinced.Buying requires more money up-front than renting does.Buying requires a stronger income history, unless you can pay cash, which is unusual.There is a psychological difference in that an owner will take more pride in the property than a renter will.This should get you started....Show more

Torri Tippey: When renting you have to pay a particular price per month or weekIf yoru house you are the ownerIn your own house you can do ( Within reason) What eva you want to do to the house

Claudio Drullard: Renting:1. you pay monthly without gaining anything2. the owner of the apar! tment is responsible for paying for repairs3. you are limited on what you can do with the apartment (painting, decorating, etc.) and often on what pets you can or can't have4. You hear everything your neighbor is doingOwning:1. you are paying a lot of times what you'd pay for an apartment, but appreciating value2. you are the owner and have to fork out any cash for repairs or maintenance 3. you can do whatever you want with your home and have whatever kind of pets.4. you are required to have homeowners insurance5. You get more peace and quiet generally since there are not people living above, below, or on your sides....Show more

Joel Feagler: The cost is subtsantially different,You actually own the house,You can keep any kind of pet you want in a house.

Ignacio Imbier: a house oftentimes provides greater suitable area...granted that is additional money yet with that a lot of human beings you prefer lots of area. to not point out maximum homes you hire enable pet! s because of the reality that they've a backyard. A outdoor is! intense high quality for BBQ's and who do not want a storage for storage? yet another variable is with an place of residing you oftentimes do not could pay the warmth & water the place as with a house you do. additionally a backyard ='s the will for backyard kit and time for maintenance. Out weight your strategies and flow with what rather suits your desires the terrific....Show more

Tatiana Evanosky: http://www.charleslight.com/content/differences_be...

Kim Gerbino: 1 tax rebate2 30 year mortgage paid off 3 ability to sell the property for profit