3 Reasons Why Renting a House Might Actually Be a Better Choice than Buying
If you've been living in an apartment your whole life, you might be really itching to finally get off on your own and buy a house. However, owning a home comes with a lot of additional responsibility. In some cases, you might be better off taking a smaller leap forward: moving from your apartment to a rented house rather than actually purchasing your own house. You'll have the same amount of space, but in many ways, you'll actually have more freedom than if you were to buy a house. Here's a look at some of the benefits of renting, rather than buying, a house.
You won't have to worry about landscaping.
Yard work can occupy many hours out of your week when you own a home. Between planting flowers, keeping the lawn trimmed, and raking leaves, you'll feel like you're always outside working with little time left to actually enjoy your yard. Typically, when you rent, yard care is the landlord's responsibility. You can spend your outdoor time grilling or playing fetch with the dog rather than working—and you don't have to invest in lawn maintenance equipment like a lawn mower or pruning shears.
You have someone to call when things break.
If you own a home and the furnace breaks, guess who gets to pay for that repair—you do! When you rent a home and the furnace breaks, it's up to the landlord to fix. The same is true for the roof, siding, air conditioner, etc. Homeowners spend a lot on repairs, so even though you may pay more rent than you'd pay for a monthly mortgage payment, you're probably coming out ahead in the long run.
You don't have to be as picky when house hunting.
When you're going to buy a home, the house hunting process can be time-consuming. You have to be absolutely sure you're in the right neighborhood, that the house will meet your needs for the next few years, and that everything is in good shape. When you're renting, you don't have to be as picky. If the roof's not in the best shape, it doesn't really matter since you won't pay for the replacement. If you end up not liking the neighborhood, you can always move once your lease is up.
Home ownership can be rewarding, but for many people, moving into a rental house is a more manageable step than actually purchasing a home. If you're interested in learning more about your options, contact companies like Clear Creek Rentals LTD.
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