Remember Me
forgot your password?

Perks of Renting Vs. Buying a Home

To rent, or to purchase? Many people find themselves confronted with this decision at some point in their lives. Though owning a home undoubtedly brings with it numerous benefits, millions of people still prefer the perks of renting an apartment, house or condo over purchasing a home.

Many renters enjoy the freedom afforded by rental home living. For people seeking the ability to move with little cumbrance, renting provides the simplest means to do so. Although advance notice is usually required prior to vacating a rental property, and potentially an early termination fee, moving out of a rental home pales in comparison to the time, expense and uncertainty associated with selling a home. When looking for a new job, for instance, renters are not confined to a particular geographic area because it is close to home. Renting rather than buying also affords growing families the flexibility to upgrade to a home that is better suited to their evolving needs.

The benefits associated with rental property maintenance cannot be overemphasized. Many new homeowners are unpleasantly shocked at the expense incurred by home and appliance upkeep. When you own a home, you are responsible for maintaining every aspect of the property. If a pipe bursts, guess who will have to foot the bill for repairing it as well as any damage it may have caused? If the heater fails in the dead of winter and costs $3,000 to replace, who will be sleeping in frigid temperatures until the repair is possible? You guessed it—the homeowner. Renters, on the other hand, have all of the benefits of using the home and appliances without the financial responsibility to perform repairs. Without having to deal with unexpected home maintenance costs, a renter can enjoy more stability in monthly expenses than a homeowner who is spending time and money maintaining the rattling refrigerator, the leaky faucet and the broken toilet.

Another perk of renting rather than purchasing a home is access to amenities that may otherwise be cost prohibitive. Many apartment properties provide amenities such as fitness facilities, tennis courts and pools, luxuries that would be costly and rare to find in a home for purchase. Apartment communities are providing more amenities than ever in order to compete with one another, and renters are reaping the benefits.

Many renters choose to take advantage of the stable living expenses associated with apartment living while they save up to purchase a home. Still others are attracted to the convenience of renting and have no intention of ever buying a home. The decision of whether to rent or purchase a home is a personal one, and many people do both during the course of a lifetime. Finances and lifestyle usually play a major role in determining whether renting or buying a home is the best arrangement for an individual or family.

Kim Shufelt

About the Author: Kim Shufelt is the CEO of www.Dallas-Apartment.com, one of the leading Dallas apartment finders offering free personalized apartment listings for Dallas and all other areas of the Dallas Metroplex. For more information, please visit http://www.Dallas-Apartment.com.

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish


  • Latest Home and Family Articles
  • More from Kim Shufelt

Family Organizer Keeps Plans in Order

By: Groshan Fabiola | 16/12/2009
If your family is so busy that it is difficult to keep track of who needs to be where and when, you may want to purchase a family organizer

Day Planners and Other Fun Items

By: Groshan Fabiola | 16/12/2009
If you are a busy, on the go mom, you may want to purchase one of the awesome day planners available

How to Take the Unexceptional Wood Playsets

By: Mike McCube | 16/12/2009
An increasing count of parents are calculating at buying utmost choice wood playsets for their minors. Finished are the days when some wooden swings and a bit of metal tubing would fare the caper for kids. These days, you have higher character tube slides, pirate forts, adjustable swings and numerous...

My Real Garage Door Cost

By: Steven Magill | 16/12/2009
Going online and quickly looking at my options I found out the garage door cost. I could have one done in vinyl which would set me back around $1500 dollars, or do the steel garage door which cost between 800 to 1200 dollars.

Cheap Garage Doors Industry Evolution

By: Steven Magill | 16/12/2009
The advent of the Internet ushers a great communication platform for businesses big and small. Because of the ability to communicate in several media forms at a minimal cost, people are beginning to use the web as a means of selling their products and services.

Where Can I Access Marriage Records In Florida To Locate Someones Past

By: James Nash | 16/12/2009
If you ever wanted to check someone’s marriage records and you didn’t due to the time or money that it takes to do so, listen to this. You can find marriage records in a matter of seconds without paying a single cent on the internet.

How to Find Apartments for Rent in Dallas, Texas?

By: Sanjana Sharma | 16/12/2009
It is also possible to find apartments Dallas online. It is necessary to find a suitable agent who can provide customers with an apartment that meets their needs.

3 Things You Must Look for in a Cheap Washing Machine

By: Steven Magill | 16/12/2009
All the information you need on finding a cheap washing machine that does a great job at getting your clothes clean!

Signing a Lease on your Apartment

By: Kim Shufelt | 04/02/2008 | Real Estate
Understanding and completely reading your apartment rental lease is important.

Renting an Apartment? What Should you Look For?

By: Kim Shufelt | 21/01/2008 | Home & Family
Finding that perfect apartment can be time consuming and even daunting. But taking your time and finding just the right place will pay off in the long run for your physical and mental health.

Maximize Space in a Small Apartment

By: Kim Shufelt | 10/01/2008 | Home Improvement
Ideas to maximize the storage space in a small apartment and reduce clutter, compiled by one of the leading Dallas apartment finders in the area.

Your First Apartment

By: Kim Shufelt | 10/01/2008 | Home & Family
Tips for people moving into their first apartment home, compiled by one of the leading Dallas apartment finders in the area.

Be a Great Tenant and Reap the Benefits

By: Kim Shufelt | 20/12/2007 | Home & Family
Tips for being a good tanant, compiled by one of the leading Dallas apartment finders in the area.

Signing an Apartment Lease - Skimming is not Enough!

By: Kim Shufelt | 13/12/2007 | Home & Family
Reasons to read a lease thoroughly and some provisions to look for, compiled by one of the leading Dallas apartment finders in the area.

Considerations for a Successful Apartment Search

By: Kim Shufelt | 07/12/2007 | Home & Family
Offers advice for selecting an apartment right for your lifestyle, compiled by one of the leading Dallas apartment finders in the area.

Submit Your Articles Free: Signup
Article Categories




Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (2.48, 5, w1)