types of housing

• Duplex
• House
• Shelter
• Houseboat

• House
• Condo
• Apartment
• Townhouse

• Condo
• Townhouse
• Apartment
• Duplex

• Houseboat
• Mobile Home
• Nursing Home
• Shelter

• City
• Suburb
• Town
• Country

• City
• Suburb
• Town
• Country

Buying a home is ALWAYS better than renting

• True

• False

• Depends on personal context and where you are in life.

• Stay at home with parents

One benefit to buying a house is being able to customize it whereas you may not have that flexibility in an apartment or rental.

• True

• False

One benefit to renting is usually maintenance is not your responsibility

• True

• False

If you save up $125,000 to put down on a home that costs $500,000, you will have to ask the bank for a loan amount of $375,000. When will you receive the title to the house?

• When you put down the $125,000

• When you pay off the loan to the bank

• Once you sign the paperwork to apply for the loan

• Never