Where to learn more on refinance rates
* Who is responsible for repairs and upkeep? If your rental house's roof springs a leak, the landlord is the one in charge of arranging and paying for repairs. If the roof of your own house starts leaking, you may be hit with a bill of tens of thousands of dollars to repair or replace the roof. Will you have extra money set aside for large repairs and necessary upkeep, or will your money be taken up with paying the home mortgage? * Who is responsible for the taxes? Landlords, not renters, pay the property taxes on rental buildings. However, if you own your house, you are the one stuck with the bill. Property taxes frequently run into thousands of dollars a year for relatively modest homes.