answersLogoWhite

0


Best Answer

If you purchase a home you have to pay a mortgage which is a repayment of a loan you used to purchase the house. Paying rent is when you sighed a leasing agreement for an apartment you are renting.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you buy a house do you have to pay rent?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What to do when you pay rent and don't have the house?

Either you pay rent for the house or you don't pay rent because you do not have house. It can't be both the situations.


Do you have to pay rent if your house is infested with mold?

yes you still have to pay rent.


Is it better to rent a house or buy a house in this economy?

It depends on your location. In some places home prices are actually down right now, so if you can afford to buy then go for it. It's better to pay a mortgage towards something you'll own oneday than pay rent on a house that's not yours.


What is rent to buy?

This is a transaction whereby you first pay rent and if you decide to buy it, then the amount you paid in rent goes toward the purchase price. This is kind of like a mortgage but minus the initial down paymentA rent to buy scheme is where someone pretends to let you rent their house to buy, but they have no intention of actually allowing you to own it in the end.


Can you get a house without puting a loan on it?

The only way to buy a house without having a loan is if you have enough money to pay for the house outright. Otherwise, the only other option would be to rent a house from someone rather than buy it.


Is rent a noun?

it depends. I will pay the rent. in this sentence it is used as a nounI will rent the house. in this sentence, rent is used as a verb


Is it bad to have earwigs in your house?

Do they pay rent? If not then prob not.


Why do people work today?

For money to buy food, pay rent, buy clothes, pay utility bills, and to pay for other necessities and luxuries.


How much should I expect to pay to rent an average house in Calgary?

You should expect to pay about $1200 a month to rent an average house in Calgary. Read more at www.calgarypedia.com/index.php/Housing_(Rental)


Why do some women become strippers?

To pay the rent and buy the groceries.


What are four sentences for the word rent?

"Rent" was a famous Broadway play.We were looking for a house to rent. Rent payments must be mailed by the 1st of the month. Do you have your rent money?


Do you have to pay tax when you buy your first house in nsw when your not going to live in it and you may rent it out?

I don't know if you are talking about income tax or property taxes. The answer is the same for both. In renting the house out you will pay income taxes on your gain from rental income and you will pay property taxes for the ownership of the property.