7 Selecting and Financing Housing . Evaluating Renting and Buying Alternatives Your lifestyle and your choice of housing How you spend your time and money Every buying decision = lifestyle statement Personal preferences vs. financial factors Traditional financial guidelines :
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Evaluating Renting and Buying Alternatives
Choice should be based on:
Objective 2Implement the Home-Buying Process
- Plumbers ?
Step 4: Obtain Financing
Mortgage Repayment Strategies
Step 5: Close the Purchase Transaction
Preparing your home