| When buying a home... | When renting a house... |
|---|---|
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Deposit that you make at the begining of the contract. Ends up being part of you down payment
What is an escrow?
|
Pays on time, treats the property like his own, communicates maintenance issues
The ideal renter...
|
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With an appraisal
How does the bank estimates the value of a house ____
|
Getting renters insurance
What is optional when renting?
|
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Title Insurance
You are responsible to cover all the cost in order to fix your title after the closing, what DIDN'T you get when buying?
|
easier
Renting is _____ than buying a home
|
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HOA
Who can refuse accepting you into the community?
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Nothing
At the end, what do you get?
|
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An inspection
What is something that should be done to the house before buying that is very important?
|
Payment will increase.
After each year...
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