Question

Question 5 of 10

For which person would renting a home be a better option than getting a
mortgage?
O A. Someone who wants to avoid spending time and money on
maintenance
OB. Someone who has a lot of money available to make an initial
investment
O C. Someone who wants his or her monthly payments to remain
stable for years
O D. Someone who believes that a home should be a financial
investment
Joy
SUBMIT

Answer 1

Renting a home would be a better option for someone who wants to avoid spending time and money on maintenance.

Step-by-step explanation:

For the person who wants to avoid spending time and money on maintenance, renting a home would be a better option than getting a mortgage. When you rent, it is the responsibility of the landlord to maintain the property and cover any necessary repairs or maintenance costs. This can save the renter time and money compared to being a homeowner.

However, it is important to note that each individual's financial situation and goals are different, so what may be a better option for one person may not be the same for another. Factors such as income, long-term plans, and personal preferences should be taken into consideration when deciding between renting and getting a mortgage.

Learn more about Renting vs. getting a mortgage