Question

What is the advantage of renting the apartment over buying a home? Check all that apply. There is greater privacy in an apartment compared to a single family home. Utilities, such as electricity and water, are included in Sasha’s rent payment. Sasha’s upfront costs will be lower, allowing her to keep her savings. Sasha’s monthly costs will be lower. Sasha will make money if the value of the apartment increases.

Answer 1

The correct answers are 3 and 4. Sashas's upfront cost will be lower allowing her to keep her savings, and Sashas's monthly cost will be lower.

Other advantages of renting are:

Renting costs less money. Prices of houses are too high. Renting has a limited responsibility regarding repairs. The landlord has to oversee maintenance. Renting does not pay property. There is a fixed amount of money to pay as a rent, facilitating the control or Budget. Insurance costs are lower.

Answer 2

Answer:

The actual answers are A. C. and D.

Repairs and maintenance costs are not Sasha’s responsibility.

Sasha's up-front costs will be lower, allowing her to keep her savings.

Sasha's monthly costs will be lower.

Explanation: