Are you on the fence about buying a home or renting an apartment? If you live alone, travel often or are trying to save money – an apartment may make more sense for you. Here are four reasons why an apartment might suit you better.
1. Flexibility to Move
If you’re looking to relocate in a few years or are seeking a new job out of state, renting an apartment may be best for you. The flexibility of a lease allows for you to move as often as you like without having to go through the process of selling a home. Typical leases end every 12 months, but if you’re looking to stay in your current location for less than a year, a short-term lease allows you to move just after 3 months.
2. You Want to Save Money
If you’re look to save money on bills and utilities, or for a down payment, you’re better off renting an apartment. Renting lets you build up your savings and credit profile. The best part is you’ll also save more money on utilities and electric bills, as apartments use less water, gas and electricity than a house. Not only that, but many apartment buildings also include fitness studios as one of their amenities so you won’t have spend extra money on the gym.
3. Free Maintenance
If you’re typically not handy, don’t worry! When you rent an apartment, you won’t have to worry about doing any maintenance tasks on your own. A professional maintenance team will always be on call to fix anything in your apartment that’s not working properly. The hardest work you’ll have to do is give them a call.
4. You’re Not Ready to Own a Home
Owning a house is a big responsibility. You would be in charge of paying for major repairs, property taxes, homeowner’s association dues and more. Aside from the financial responsibilities, owning a home also requires a lot of time and work. If you are constantly traveling for your job and not a fan of big maintenance jobs, like maintaining your landscape or dealing with snow removal in the winter, renting is a better option for you.
Apartments in Denville, NJ
If an apartment suits your lifestyle and you’re looking for a new place to live, at Estling Village we have the perfect luxury apartments for you. Learn more about our spacious floor plans and community amenities by giving us a call at (973)-878-0794.