Top 10 Reasons You Should Rent

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Top 10 Reasons Why You Should Rent Instead of Buy a House:

  1. Maintenance Issues Are Not Your Problem
    – Don’t worry if you are not handy with a hammer, your landlord will fix it for you.
  2. Upkeep Is Done For You
    – You don’t have to mow the lawn or shovel the driveway everything is taken care of for you.
  3. Flexibility
    – You can easily move at any time once your lease is up if you change jobs or just want to live in another city rather than being tied to a 30-year mortgage or the hassle of selling.
  4. Better Security
    – Included in your rent are security measures such as locked building doors and outside video cameras.
  5. No Property Taxes
    – You save a lot of money renting by not having to pay a hefty property tax.
  6. Lower Utility Costs
    – Costs less money to power, heat and cool an apartment than it does a house.
  7. Lower Insurance Costs
    – Renter’s Insurance is about half the price as Homeowner’s Insurance.
  8. No Big Down Payment
    – It costs significantly less to move into an apartment than it does to move into a house.
  9. You Can Invest Elsewhere
    – With all that money you are saving, you can invest in something else.
  10. Lower Risk
    – Renters are not affected by drastic changes in the housing market. They will never owe a mortgage that is worth more than the house’s worth.
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