Your oldest child, a son, has recently graduated from college and landed a great job making $50,000 a year in your hometown. He wants to make his own decision but has come to you for advice concerning whether he should rent an apartment or buy a small starter house or condominium. You and your son will use some local resources (such as local real estate offices) and research the following;* What monthly payments can he afford if he were to buy a house or a condo?;* How much would apartment rental cost (keep in mind he is your single son, and you would want him to live in a safe neighborhood)?;Put together the following information from your research;* Detail the research results.;* Make a recommendation as to whether he should buy a house or condominium or rent an apartment in your hometown.;* Explain of the costs and benefits of home ownership and renting.
Paper#25949 | Written in 18-Jul-2015Price : $37