Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Benefits of Renting a House

By Ashokalion Subscribe to RSS | July 18th 2012 | Views:
loading
 
  



Though the current real-estate market in Houston and Dallas is favorable market for home buyers, there are several individuals that prefer renting a house to buying a home. Renting a property is often not the preferred choice but there are several factors that prove the advantages of renting a house. Some of the advantages are as follows:

1. You are free from the burden of maintenance: Maintenance of a house is a daunting task and costs a hefty amount. If you stay in a rented house, it is the landlord who takes care of the major maintenance items thus relieving you of the burden of maintenance cost and effort.

2. You can change a rented house to suit your needs: Once you own a house, it becomes difficult for you to move , and it becomes more of a discomfort when you dislike the location or your neighbors. However, it becomes much easier to move to a new location if you stay in a rented house, and if you do not wish to stay in an area for a longer period of time; then renting proves to be the most flexible option for you. All that a renter needs to do is to provide the landlord with appropriate notice (often times in the lease it is 30 days notice) before vacating the rented property when the lease expires.

3. Budget-Friendly: Renting a home can be more affordable in other ways. For example, renting house does not call for property taxes. Additionally, renters’ insurance is much cheaper than homeowner insurance policies. Thus, renting is budget-friendly and helps in lowering your expenses and easing your household stress significantly.

4. Lower deposit required: No large down payments are required for renting a house. People renting a house generally need to pay security deposit, first month’s rent and last month’s rent; while those purchasing a house will have to raise about 20% of the sales price.

5. Comfortable living: In reality, it might not be possible for an individual to own his dream house, but if they choose to rent a luxurious condo, he can have all the pleasure of a comfortable lifestyle while avoiding the large price tag associated with purchasing it.

6. No chances of losing equity: Renters are also in an advantageous position when the real estate market becomes unstable as they can relocate freely without the tension of losing equity that poses a serious trouble for home buyers.

These are few advantages of renting a house over buying. Sometimes renting proves to be a much better option than buying a house. You should properly weigh the pros and cons of renting and buying a house along with the future consequences before taking any major decision.

Ashokalion - About Author:
Jay Raman is the broker of record for The Lion Real Estate Group, a Houston and Dallas area brokerage focused on working with investors and homeowners buy, lease, or sell their property. Jay and his team have been in the investment property Houston and association management business for the past 6 years and manage over 160 residential (single family home) properties in Houston and Dallas as well as several associations. To get more great articles or ideas, you can also visit the Lion Real Estate Group’s Website, Facebook or Twitter Account.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/real-estate-articles/benefits-of-renting-a-house.htm

Related Real Estate Articles Subscribe to RSS

Find your ideal property in Andalucia
Published by Melissa Welsh on March 7th 2012 | Real Estate
The real estate industry is constantly evolving. One month everybody is flocking to purchase propert...
 
Lucrative Greek property for Sale
Published by Greekexchange on May 21st 2012 | Real Estate
Greece the name itself runs a smile on our face as it is the most preferred place for honeymooners a...
 
Factors influencing the investment in residential real estate
Published by Deepti on April 17th 2012 | Real Estate
Investment in residential real estate and getting good returns is a task that requires a lot of hard...
 
Get a good office property in Gurgaon
Published by Atul Sharma on May 21st 2012 | Real Estate
The article is based on real estate property in Gurgaon. It talks about how you can get a good prope...
 
 
Finding property and buying it becomes with help of Real Estate Agents
Published by Melbourne Realestate on June 28th 2012 | Real Estate
If anything is done by the profession that creates a great impact. Same is in the case of real estat...
 
Why you should rent a property for your family?
Published by Andy Wagon on February 15th 2012 | Real Estate
To determine which properties are good indeed quite difficult, especially when some properties are n...
 
Hire estate agents Marlow for smooth property deals
Published by Ricky Charles on January 4th 2012 | Real Estate
Many businesses have flourished and doomed but the real estate business has somehow managed to keep ...
 
Port Washington property a true place to gamble your money
Published by Jack Smith on July 17th 2012 | Real Estate
People are ready to gamble their money, but everybody wants to make good money from their investment...
 
How you can buy residential property on rent
Published by Glyn Jones on June 11th 2012 | Real Estate
Apartment buildings are more complex. Often, people are already living in the suites, and it simply ...
 
Real Estate Agent can be a good Profit maker for your property
Published by Mayank Gandhi on February 28th 2012 | Real Estate
feedbackhere.com: We provide easy to find Real Estate Agent for consumers vendors to make searching ...
 
When you’re spending it large for property it’s advisable to ease up the conveyancing process
Published by Himton Thomas on February 12th 2012 | Real Estate
If you are looking for a cheap and good conveyancing, you need to keep a few things in your mind....
 
Want a sound investment advice? Opt for property investment
Published by Sophia Milller on December 13th 2011 | Real Estate
There are people that earn their living only through rents received from their properties. When the ...
 
Looking to buy property in Gurgaon? are you on right track?
Published by Mike Nicholson on February 10th 2012 | Real Estate
If you’re planning to buy property somewhere in and around Gurgaon, this article is primarily mean...
 
Costa Rica real estate investment opportunities
Published by John Mathews on July 11th 2012 | Real Estate
Costa Rica presents some of the very best real estate investment opportunities with a massive market...
 
Guarantee continuous income with sensible property investments
Published by Sophia Milller on December 13th 2011 | Real Estate
There are so many places where you can invest your money. Buying assets is the best thing to do when...
 
The attractive features of the commercial real estate investment organization
Published by Ema Sis on July 25th 2012 | Real Estate
The commercial real estate investment usually are rising demand since the commercial property is usu...
 
What a property Valuation Report Shows Us
Published by Ariel Linford on April 18th 2012 | Real Estate
Property valuation report is the best and easiest way to get a perfect and accurate value of your pr...
 
Online networking and property selling
Published by Matthew Watson on May 21st 2012 | Real Estate
There are many e-portals, which provide details on properties for sale. Anyone who wishes to put his...
 
Wise decision on strata property investment
Published by Chris Whelan on January 18th 2012 | Real Estate
Making right decision before investing on strata property is always praise worthy work; because ever...