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Advantages of House Renting vs. Buying – Purple Housing

Advantages of House Renting vs. Buying – Purple Housing

When it comes to renting an apartment vs buying a house, there are lots of unexpected advantages to renting. Lots of condos complexes come with amenities that you may not have if you own or rent a home such as a pool and fitness center. Additional, plenty of extra hassle that comes with owning a home are typically taken care of when you reside in an apartment, such as maintenance and lawn care. If you want to learn more about the advantages of apartment house living? Check out the following top advantages of leasing a condo as opposed to owning a home.

Financial

One of the major advantage of renting instead of owning is the financial aspect of leasing. The fact is that rent is generally affordable than a mortgage. In addition to an overall lower monthly payment, upkeep and utilities are lower due to less square footage.

Maintenance

When renting, maintenance is taken care of, making this a financial advantage and a timesaver. No worrying about watering the lawn or shoveling snow and no stress over a clogged sink or broken air conditioner. Fixing these items in condo is simple, because it’s someone else’s issue!

Community

A sense of community is an underrated advantage to condo living and being steps away from neighbors can provide an amazing atmosphere for creating life-long connections. Few complexes even regularly host events to encourage community engagement.

Size and Style

Apartment units are built for comfort. Often, condos are spacious but not overly large. They are built to be functional while the personal touches and décor are in your hands.

Short-term

When looking for short-term living options, leasing is the best option. Buying a new home is a much longer time commitment and is an important life decision. Whether you are working on your credit score, saving up funds, or slowly preparing for the responsibility of owning a home, TCU Apartment is the best choice in the meantime.

Savings

Renting is the ideal time to invest in a long-term future. While spending less on your living arrangements, this is the perfect time to save extra earnings.

Lower Responsibility

Homeownership comes with stresses and obligations that you can avoid entirely if you lease. Homeowners must deal with up-keep, unexpected damages and replacements far more than a renter would.

Convenience, cost, and safety are just a few of the unbeatable perks of selecting to rent an apartment home instead of owning a home. When considering the choices, we hope that you can find a place you are proud to call house.

About Purple Housing

Purple Housing has the #1 choice of TCU Area Rental properties because we work with local landlords, property management companies, and apartments to notify the students of their properties’ availability.

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