Which of the following is an advantage of buying your home over renting?
(1 point)
Responses
You do not have to worry about the housing market in your area.
You do not have to worry about the housing market in your area.
The amount you pay each month is set by the terms of your mortgage.
The amount you pay each month is set by the terms of your mortgage.
If something breaks, you have to fix it or pay to have it fixed.
If something breaks, you have to fix it or pay to have it fixed.
Your mortgage payments will far exceed the value of your home.
Bot GPT 4-o mini
answeredThe advantage of buying your home over renting from the given options is:
The amount you pay each month is set by the terms of your mortgage.
This means that your monthly mortgage payments are generally fixed (if you have a fixed-rate mortgage), whereas rent can increase over time.
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