Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home1/haradeep/articleside.com/configdb.php on line 8

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home1/haradeep/articleside.com/article.php on line 88
Benefits of Renting a House

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

Investing in property is what sound investors suggest
Published by Sophia Milller on December 13th 2011 | Real Estate
South Africa is one of the most developed countries in the entire continent of Africa. Does this mea...
 
Letting agents and property to let
Published by Glyn Jones on December 6th 2011 | Real Estate
With the estate agents investing in the real estate market becomes really very easy. This allows you...
 
 
London property management firms are becoming increasingly important
Published by John M. Alcorn on January 25th 2012 | Real Estate
With rents rising across London, the idea of becoming a landlord or adding to an existing property p...
 
HOA management- Capable providers for financial as well as property management
Published by Ema Sis on January 12th 2012 | Finance
HOA management companies shall be actual asset for communal administration amenities. They undertake...
 
Looking to rent a house in Huddersfield? Head to Martin & Co for property rental in Huddersfield
Published by Ademholt on July 12th 2012 | Real Estate
Are you planning to rent a house in Huddersfield?
Get in Touch with the Martin & Co. Estate Agen...
 
Real estate agent is helpful to find suitable property to invest
Published by Glyn Jones on January 13th 2012 | Real Estate
The estate agents can be very much helpful in finding the right kind of property or investing in the...
 
Mumbai property price is not expected to fall in near future
Published by Prop Tiger on July 18th 2012 | Real Estate
This normally happens throughout the end of quarter, as a result of some loans are falling due for r...
 
Relying on the property solicitors is must and knowledge to be acquainted with
Published by Hemton Thomas on February 4th 2012 | Real Estate
The majority of people put their property on the market with property solicitors....
 
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...
 
Looking to buy a commercial property in Gurgaon?
Published by Mike Nicholson on March 20th 2012 | Real Estate
Do you want to have your office at a prominent location where you can proudly invite your clients? D...
 
Assistance from a good estate agency is essential in property investment
Published by Glyn Jones on January 4th 2012 | Real Estate
The estate agents can help you with the property dealings. They can make it really very easy for you...
 
Make profitable investment in mohali real estate
Published by Deepti on May 10th 2012 | Real Estate
Real estate is among the most significant aspects that contribute towards the growth of the country...
 
Port Washington NY real estate turns up as hot property destination
Published by Jack Smith on June 15th 2012 | Real Estate
When it comes to property one question that comes in mind is that how much that thing worth to you. ...
 
Buying a home Vs Renting a property
Published by Glyn Jones on December 30th 2011 | Real Estate
Buying or renting a property has their own merits and demerits. Where renting a property gives short...
 
Opportunities of investment in Dubai
Published by Tim Robbin on November 23rd 2011 | Real Estate
Dubai has experienced a notable growth in the property. Previously, only the native citizens are pe...
 
Tips on running a commercial property management firm
Published by Carolmoore on March 1st 2012 | Real Estate
Owning property can make you set for life. Considering the high prices of land, owning a piece can b...
 
Real estate – Definitely a money-spinning investment
Published by Deepti on May 22nd 2012 | Real Estate
Nowadays people have become cautious that living at own home is far better than a house on rent. It ...
 
Plot in Mohali – the best time to make investment now and reap the benefits
Published by Deepti on April 12th 2012 | Real Estate
Over the last couple of years, Mohali has witnessed a colossal increase in population owing to its s...
 
The Roller Coaster Ride of Rental property Dubai
Published by Mark Castellino on December 1st 2011 | Real Estate
The best way to start up any business in Dubai is to find out the best location first then go for th...