One may stop and think why rent? Renting a home or apartment can be an attractive option for many individuals and families due to several practical and financial reasons. I will point out a few scenarios. One good one is flexibility and mobility. Renting allows for greater mobility and making it easier to relocate for job opportunities, lifestyle changes or personal preferences without the long-term commitment of a mortgage. Therefore you have a short-term commitment which ranges from six months to a year providing renters reassess their living situation sooner than homeowners. Lower upfront cost to reduce the financial burden, renting requires a lower up front cost compared to purchasing a home. This includes down payment, closing costs and other expenses prior signing the contract.
Typically renters need only to pay a security deposit and first month rent provided credit score is decent. There is a background check are other application requirements and a fee that may apply. Remember in general many times the landlord raises rent. Click on link to learn more about rising rent /RISING-RENT---32819---32836---Dr--Phillips-6-23431.html
Renters are usually not responsible for property maintenance, repairs or property taxes which can lead to significant savings over time. You also have access if applicable to amenities such as community pools, gyms, tennis courts and common areas which may not be financially feasible for homeowners to maintain on the own.
There are lifestyle preferences some individuals prefer with reduced responsibilities that comes with renting, allowing them to focus on other aspects of their lives without the burden of home maintenance. Renters are not gravely affected by market fluctuations as in the housing market that can impact property values if market declines. Homeowners may face financial losses while renters can simply choose to relocate. Renting wisely can provide the opportunity to experience of a neighborhood before committing to purchasing a home there, allowing a individual or family to assess factors to feel out the community vibes, commute and amenities. This gives you time to save money, strengthen credit score and find that trusted advisor to take you to your next level to homeownership. I am here to help you and you family through this process. Click on link to learn more about homeownership /HOMEOWNERSHIP---32819---32836---Dr--Phillips-6-22894.html
As a trusted advisor, professional realtor and military veteran I am here to serve you in the Dr. Phillips and Central Florida area. Always on the pulse of the market and in tune, educated and connected in this volatile housing market to purchase or for the sale of your home. In the absence of up to date and trustworthy information real estate decisions are increasingly being driven by fear, uncertainty and doubt whether it's a housing crisis or local market issue. We as trusted advisors drive the real estate community and always preaching the gospel of real estate. I emphasize education is a must for the community to ensure you are making the right decision.
Part of my job is to keep you informed and educated of the local housing market trends, buying information on the home buying and selling process to include real estate common terms and videos. Don't get confused with the media, they talk national level, I can provide most current up to date local area data.
Don't let this shifting housing market delay your dreams, data reveals homes typically appreciate over time and that gives your net worth a nice boost. When you are getting help with a home, look for your realtor with a heart of a teacher. If you are ready to start your journey contact Kevin Strawter today at 850 496-6412 to help begin a new walk to homeownership and all your real estate needs. Referrals always welcomed.