To rent? To lease? To buy? Oh my! . Ms. Lewis Personal Finance 12/2/13. Renting an apartment/house/condo. Advantages: Few up-front costs Ability to move frequently or suddenly Helps to set a monthly budget No unforeseen maintenance expenses . Renting an apartment/house/condo.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Complete a mortgage loan application
Personal information must be shared (criminal background check)
Employment information (where you are working, pay stub)
Assets and liabilities
Capacity to make payments
Capital or cash reserves
Collateral: The property you buy will get an appraisal to determine market value
Additional monthly fees
Annual rate increases
Annual property taxes
Annual maintenance costs