Let’s explore why renting just might make more financial sense for you.
Renters can enjoy the benefits of significantly lower costs when applying for an apartment. Upfront costs can range from a security deposit equal to $150-1 month’s rent, administrative fees from $125-$275, and application fees from $45-$75 per applicant. Typical down payments to purchase a home are 10%-20% of the entire home purchase. For example, for a home that costs $200,000 your down payment could be anywhere from $20,000-$40,000. So if you’re currently weighing in on a budget-friendly option then renting may be the way to go.
When and if something needs fixing…your landlord will take care of it! Landlords are responsible for handling all maintainence, repairs, and improvements to your apartment.
NO LONG TERM COMMITMENT
Homeowners typically commit themselves to 30 years terms while renters can opt to lease for a 1 year term.
Want to move to a new part of town, downsize or relocate? As a renter you can eliminate the stress of having to sale a home and instead once your lease ends you have the freedom to…go!
“Your New Home Awaits”
Today many apartment communities are packed with recreational amenities such as pools, billiard rooms, internet cafes, outdoor grills, movie theatre rooms, saunas, fitness centers, clubhouses and conference rooms! As a tenant you get access to these community amenities without incurring additional costs!
“Ready to make the move?”
READY TO MAKE THE MOVE?
If you’re interested in learning more about the benefits of renting we’re here to help! LuxeLiving is a boutique real esate firm that specializes in providing clients with 100% FREE APARTMENT LOCATING SERVICES.
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