Why just stay limited to own a house? Experimenting is always good especially when you are having a job which always changes your posting from one location to another. Also, there are a few segments in the society whose budget didn’t match the property price. Who said owning a property is the last option you are left with? Look around you, surely you will find your answer which convincingly claims for renting property. Here comes the option where affordable houses for rent save you from bearing the stress of owning an expensive property.
Below are some of the strong facts that show why considering rent is the best option to go with because:
• 57% people are incapable to afford the EMI or are in too much debt
• 72% people don’t earn the stable income to support mortgage
• 48% are bad credit scorer which doesn’t allow them to even apply for further loan
• 17% are moody as they don’t like to restrict themselves to a particular location
• 52% think that rent is much cheaper than to buy
• 15% don’t consider investing in property generate a better return than other investment option (shares, bonds etc)
These percentages give a huge impact while taking a final decision and also draw a thick line of difference between both options (own and rent). Although the major reason is and always be the fear of people if in case they are not able to pay the loan installment then the amount they have already deposit all goes worthless and they are not eligible to claim the deposited amount. Now you are definitely thinking if not own a house then why should go to homes for lease near me? How this could benefit me?
To know what benefits you can gain, look below the point and you get your answer:
Expense easy to bear for lifetime– renting home never breaks your bank balance and it is quite easy for you to pay a small fraction. Also, renting property charges is much easy to bear and don’t give you the stress like what if don’t pay the EMI and stuff.
No need to bear damage cost– Nothing is permanent to this world. Every object requires renovation after a certain period. The cost of repairing can definitely burn your pocket and give you headache. But in a rent house, you are absolutely free form such tension as the landlord is accountable and bear the repairing cost.
Free from long-term financial commitment– You never know when your boss promotes you and handover the responsibility of new branch which is totally afar location than the current one. In this case, if you have already owned a house and take the loan definitely paying its EMI gives you a feeling of regret.
Don’t regret, investment in renting house definitely worth in every aspect be it money saving or leading a stress-free life. Still lost in thoughts? Don’t be, go for it renting never let you down.