One of the first decisions one must make when looking to move into a new home is whether to rent or buy. Jason Ewert helps many people make that initial decision and understands there are pros and cons associated with each. Therefore it is important to consider your personal situation before making a choice. Here we’ll look at the advantages of renting.
Jason Ewert
Lower Initial Investment
To buy a house, one usually will be required to raise a security deposit that can be extremely costly. For some, this takes years of saving before a move can be made. With renting, this initial investment is much lower and often consists of a deposit and a month’s rent in advance.
Speed
If you need to move into a new home as quickly as possible, renting is much quicker than going through the many legal and financial issues associated with buying. A home purchase can often take a number of months, which is not ideal when speed is of the essence.
Maintenance
If you own a home, you are responsible for everything it contains. This means if a vital feature fails, such as the heating system developing a fault, one will need to be prepared to pay for a repair. This is not an issue when renting, as maintenance should be taken care of by the landlord.
Of course, there are also some important disadvantages that are associated with renting. Jason Ewert was always sure to go over these points with his clients in an effort that helped them towards making the right decision.
Jason Ewert 