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Buying VS Renting a house Vocab Review

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  • Work done to fix or keep something in good condition.
    Repairs and maintenance
  • Contaminated or full of cockroaches
    Roach-infested
  • Asset
    Something valuable owned by a person or business
  • Equity
    The value of a property for the owner after debts are paid.
  • Hassle-free
    Easy and without problems or stress.
  • Attractive or interesting.
    Appealing
  • Insecure
    Not confident or not safe; feeling uncertain
  • Fall apart
    To break or become worse in condition.
  • Money borrowed to buy a property, secured by the property
    Mortgage debt
  • Adding your unique style.
    Personal touch
  • Be tied down
    To feel stuck or limited by responsibilities.
  • Use something (usually money) to provide what you need to live
    Live off something
  • Down payment
    The first payment you make when buying something expensive.
  • Mortgage
    A loan used to buy a house, which you pay back over time.
  • Go into an amount of debt
    To borrow or accumulate a large amount of money
  • Causing worry or pressure about money.
    Financially stressful
  • Proceeds
    Money received from selling something.
  • Something that encourages a person to do something
    Incentive
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