Wednesday, January 6, 2016

Owning A House Versus Apartments For Rent

By Sandra Powell


Buying a property is always one step ahead of the race. Because a house and lot are investment that could herald a bigger ROI in the future. Not only that but you are also establishing a solid foundation.

In Charleston, SC there are many buildings and houses up for rent. In West Ashley apartments for rent the vast majority of locals and newly arrived denizens have become tenants on a contractual period. Because majority are composed of young people who often come and go as they please.

Buying a property is one big step towards adulthood. But the younger generation now wants more flexibility in their life more than keeping a secure long term job. Because where is the fun in staying one place when there are more opportunities for growth and expansion outside the known world.

However not everyone can easily move into this quaint little city because of problems in selling their homes. Maybe there is not enough money to pay for all the costs of disposing their property, and little time to search for a new home. Frustrating as it seems but it necessary when it is time to say goodbye for a new lease over life.

Many young people want to balance their fast phase life with a laid back home life minus the extra responsibilities. And renting offers this opportunity because their money goes a long way for them. In terms of amenities most people want the buck for their money that is more proprietors are attracting many people with apartments furnished with a gym, pool, and other useful amenities that would cost more outside.

Home owners usually believe that investing in a house and lot means a bigger return in the future. But there is volatility in the real estate market, so you can never predict the value of your properties in the future. Though others might protest that investing in real property is a long term solution for financial success, but there is always a hint of gambling when it comes to investments.

Moving can be a problem for most home owners because the time it takes to sell a house is longer than expected. Selling a house is not an over night success, you still need to find someone with enough funds who is willing to take over your home, and even the remaining mortgage attached to it. Then there are the paper work to be done, but unless you have really good brokers on the line then it can be accomplished in a few weeks.

Tenants usually lock their doors without looking back when they go out for their next trip. Because there is already an appointed gardener that cleans the property for them. Part of paying rent means you are paying for the usage of the amenities as well as the maintenance to keep all these in top shape.

For example, a gym is necessary for all kinds of people because it offers senior citizens to keep fit, health professionals are able to practice their profession, and health conscious people find it easier to exercise than travel miles for a session. Everyone saves more money and time. Buildings complete with a pool offers the tenants a chance to socialize with their neighbors. Not only are they able to form a community but also enjoy the day relaxing and chatting with their new friends.




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