Fewer Upfront & Ongoing Costs
Flexibility in the event you need to relocate or change homes
More Free Time
Today’s rental market has a wide variety of homes that are not always present in the home buying market. High-rise or low-rise apartments, townhomes with backyards, 1, 2, 3 or 4 bedroom homes and many more variations are available to renters.
Buying and maintaining a home is expensive. You require funds for a down payment, property taxes, home insurance, ongoing repairs and maintenance and utility costs. You also have additional costs to furnish a larger space, since most homes are larger in size than the typical rental home. However, renting a home involves no maintenance costs or repair bills and in many instances your monthly rent includes partial or full utility costs. Budgeting for your lifestyle is simpler with one fixed payment per month compared to the many payments required with home ownership.