Your Checklist for Renting a Place

In the next couple of years you want to buy a property, but what do you do until then? Not everyone is at the point where they can afford to put a large sum down for a house. Even with no money down options, you may have to compromise by coping with a high interest rate or other catches. Until you are ready to weigh all the options for making a real estate investment, find a place that is nice to rent and your buying moment will come. 1. Ask yourself what you want. This seems simple enough, but it … Continue reading →

Differences Between Buying vs Renting

When you weigh the pros and cons of renting versus owning a home, you will find advantages for buying winning. The first thing is that you need to determine how much of a house you can afford, which would mean taking a good look at your income, savings, and monthly expenses. Then of course, you would need a down payment but with so many excellent programs on the market, you can be sure there is something for you. For savings, often you will discover that the amount of your monthly rent is the same or even less than what you … Continue reading →

Rent and Upkeep

Many times, people never consider the cost of maintenance or upkeep associated with renting. That means in addition to the cost of the actual rent, you would also have some other expenses to think about such as utilities. However, what happens when you do not go through the contract line-by-line only to discover you have the responsibility of maintenance too. Unfortunately, this happens all too often. Because of these hidden fees, it is so important to know exactly what is in the rental lease. You would be amazed at how many people fail to read anything but the large print. … Continue reading →

How to Rent to Own

For many people, owning a home is just a distant dream. The good news is that rather than just own, you might have another option of rent to own. In this case, if you are not financially in a position to buy or simply do not have good enough credit, you would work out a deal with the homeowner whereby a portion of your rent is used as a down payment on buying the house. You will find a number of homeowners or sellers in a position to accept a rent to own. With this, the person renting actually occupies … Continue reading →

Pros and Cons of Apartment Rental

Apartments are a way of living for millions of people around the country. While apartments can create a safe home environment, apartments can also be a person’s worst nightmare. Typically, an “apartment” could be one large complex, just a couple of units, or even private space within a home. With many apartment options, rent is more affordable than what you would expect to pay for renting a home. Additionally, apartments usually rent where some or all of the utilities are included. Therefore, you pay only the rent and nothing more. Apartments also have both on-site and off-site maintenance workers. In … Continue reading →