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Homeownership may be the stereotypical american dream, but there are many reasons why some families prefer renting. We may earn commission on some of the items you choose to buy. For most people looking to get a house, taking out a mortgage and buying the property directly is their path to homeownership. You'll need a good credit score, money for a down paym. Are you getting ready to rent your first apartment?
While this approach has advantages, it also has drawbacks:
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