When planning a move, the question always inevitably becomes, “should I rent or buy?” While everyone is always quick to list the reasons why “owning is better,” that isn’t necessarily always the case. There are many factors to consider when making this decision, so here are four reasons to forget the mortgage and start your rental search with Aggieland Apartment Finders. We will help you find a great rental space that perfectly suits your personal needs in the area and the price range you want.
No Maintenance or Repair Costs
When you choose a rental property over buying, that eliminates the cost of maintenance and repairs. When you rent, the landlord assumes the responsibility of paying for any repairs, improvements or maintenance necessary. Leaky taps? Broken steps? Call the landlord, and they take care of it, saving you time, money, and stress. So when you are ready to begin your rental search, contact Aggieland Apartment Finders.
Access to Amenities
If homeowners want access to amenities like a gym or swimming pool, they might need to invest thousands of dollars into a lengthy and invasive home renovation. A renter, however, only needs to move into a building with these amenities to be able to take advantage of them. Contact Aggieland Apartment Finders to help you find your desired amenities when beginning the rental search.
No Property Taxes
Another financial benefit to renting instead of owning is that renters don’t have to pay hefty property taxes. This can be a significant financial burden to homeowners that often gets forgotten about in the excitement of buying a new home. To avoid having to pay potentially thousands each year in property taxes, start your rental search by contacting Aggieland Apartment Finders today!
No Down Payment
The most significant advantage to renters is that there is little required in a down payment with a rental. While a security deposit of one month’s rent may be required for an apartment, a downpayment on a home is usually 20% of the property value. So if you are buying a home worth $200 000, a $40 000 down payment is required. That’s a hefty sum compared to one month’s rent which, even in the most expensive cities, wouldn’t come close to $40 000. When a down payment on a home isn’t feasible and you are ready to begin your rental search, contact Aggieland Apartment Finders.
There are alot of great reasons to buy a home if you can afford it. Owning a home is more of a long-term investment that may take many years for you to see a return on, and while sometimes that makes perfect financial sense, that isn’t always the case. If you aren’t sure buying a home is the right move for you, contact Aggieland Apartment Finders and start your rental search. They will use your criteria, budgetary needs, and their superior knowledge of Bryan and College Station to find you a perfect space to call home.
