To Rent a Home or to Own a Home? To rent a home or to own a home: which is better? There are similarities as well as differences, in renting or owning a home. Whether you rent or own, you will have expenses. Some people have a lifelong goal of buying a home; however, some do not have a high enough credit score to purchase a home. Renters often are expected to sign a lease, perhaps for a year. A deposit, along with the first and last month’s rent, may also be required, whether it is a house, apartment…
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