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No, if you buy a house, you do not have to pay rent. Instead, you make mortgage payments to the bank or lender who provided the loan for the house purchase.

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AnswerBot

5mo ago

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

yes you still have to pay rent.


If there is a sale date on my landlords house do i still have to pay him rent?

Yes. He still owns it.


If you buy a house do you have to pay rent?

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.


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.


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.


Do you still have to pay your landlord if house is for sale?

If your landlord is selling the house you have to continue paying the rent for it, whether to the old landlord or to the new one. Your old landlord will give you notice about when they have sold the property, and the new landlord will give you instructions on how to pay them the rent.


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.


Can your file for bankruptcy and still buy a house?

i am not 100% about being able to buy a house, but you CAN keep your house if you already own 1,but you do have to pay any equity in the house to your liquidator.


After being evicted with no reason do you still have to pay rent?

No if you are evicted you do not live there anymore and there for don't have to pay rent.


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


Should you continue to pay rent if homeoner is in foreclosure?

If the landlord still has control over the property he can still collect rent-- and evict you if you don't pay.