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When you rent, you can live in a neighborhood for as little or as long as you like. You are free from maintenance duties like
mowing the lawn and fixing the plumbing. Still, there are many good reasons to own a home.
Take a quick survey to see if you're ready to buy a home.
Click Survey to begin.
Some people rent because they think that they can't afford to buy a home. But over time, buying a home may cost less than renting.
Demonstration
Look at a brief demonstration of a Buy vs. Rent planning tool that can help you decide which is best for you. Then you'll have a chance to use the tool to see if buying
may cost less for you. Follow the directions below to see the demo.
Directions
- Click the link
Demo - Buy Vs. Rent
Demo - Buy Vs. Rent. The demonstration
will begin in a new window.
- Watch the entire animation. Note: Clicking each
item opens a detailed explanation.
- When the animation stops, click the Close Window
box to return to the course.
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Practice
Now you can practice using the Buy Vs. Rent Planning tool using
your own information. Read all the directions below before beginning
to use the tool.
Directions
- Click the link Buy
Vs. Rent. The Buy vs. Rent Planning tool
will open in a separate window.
- Type the costs for your situation in the boxes shown.
- Click the Create Detailed Printer-Friendly
Report button to view a detailed comparison of
costs.
- Click the Close Window link to return to the course.
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In the next section, you can answer some questions on what you've
learned about the advantages and disadvantages of owning a home.
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