Monday 21 November 2016

Renting offers more flexibility than owning!

Are you a renter interested in buying a home, or a homeowner wondering whether renting makes more sense at this point in your life? If you are considering buying a house, one of the first decisions you need to make is whether buying a house instead of renting one is the right direction for you.Both renting and buying have their own sets of financial advantages, renting does appear to have an edge when the economy is poor.While owning a house gives one the sense of security as it is considered a long-term investment.


When you rent a property, your landlordis responsible for all maintenance and repair costs. A definite advantage that renters have over homeowners is that they have no maintenance costs or repair bills to pay off. Renting a property allows more flexibility than owning a home. This is ideal for those who could be faced with sudden changes such as a job relocation. Renting requires no long-term commitment from a Tenant, and is the best option if you don’t intend on staying in one place for a long time.

House rent in Cheras is usually cheaper than owning and bills are more predictable too, which is great news for those who prefer stable finances. And with fewer outgoings, you can save more. As a Tenant, there is the possibility of living in an area in which you could not afford to buy. A benefit to renting over buying a house of your own is having access to amenities that would otherwise be a huge expense. Luxuries such as an in-ground pool or a fitness center come standard at many midscale to upscale apartment complexes with no additional charge to tenants.  It’s less hassle as most of that will be done for you.

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