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You may even have done the math and discovered that the payments on your home mortgage would be less than your rent. But does that mean you should buy? Consider these variables before you make a decision. * Who is responsible for paying for repairs? If your rental house's roof springs a leak, the landlord is the one in charge of arranging and paying for repairs. If your own house's roof springs a leak, you are the one responsible for fixing it, and you may need to shell out tens of thousands of dollars to do the job right. 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.