Question

For which person would renting a home be a better option than getting a

mortgage?
OA. Someone who does not have a lot of money for an initial
investment
OB. Someone who wants his or her monthly payments to remain
stable for years
O C. Someone who considers a home to be an investment that will
grow in value
O D. Someone who enjoys performing maintenance tasks in his or her
home
तीन

Answer 1

Renting a home is a better option for someone who does not have a lot of money for an initial investment or wants stable monthly payments. Owning a home might be better for someone who sees it as an investment that will grow in value.

Step-by-step explanation:

For someone who does not have a lot of money for an initial investment, renting a home would be a better option than getting a mortgage. Renting typically requires less upfront costs compared to purchasing a home, which usually involves a down payment and other expenses.

Renting may also be a better option for someone who wants their monthly payments to remain stable for years. Rent payments are usually fixed for the duration of the lease, while mortgage payments can fluctuate over time.

On the other hand, if someone considers a home to be an investment that will grow in value, getting a mortgage and owning a home might be a better option.

Learn more about Renting vs Getting a Mortgage