If you’re a senior, consider contacting an apartment rental agency before purchasing a new home. Many people are under the false assumption that responsible adults should always buy rather than rent. Here’s why it may make more sense for your next place to be a rental.
Why Seniors Should Rent Instead of Buy
1. Ultimate Flexibility
Seniors can look for a house or an apartment in the exact location they want to live without worrying about the overall cost of the property. Once in the rental, it's much easier to move. If you decide you need even less space and want to downsize, that's much easier to accomplish for a renter compared to a homeowner.
2. Amenities Galore
If you want luxury amenities, an apartment rental agency can help you find the perfect place. Whether you wish for a swimming pool, a hot tub, a fitness center, or any other type of perk, you can find it while renting an apartment.
3. Money Savings
Owning a home isn't such a fantastic investment as many believe. It usually takes several years before owning a home is not financially draining. In the short term, renters can save money for many reasons, including the lack of property tax, lower insurance costs, and avoiding buying and selling costs associated with real estate agents.
4. Fewer Maintenance Worries
If you're living in a rental and something breaks, it's generally not your problem. In almost all circumstances, the landlord foots the bill and fixes the issue. Also, if you're renting an apartment, you usually don’t have to worry about lawn maintenance or chores like shoveling snow and cleaning gutters.
If you’re looking for an apartment suitable for seniors, contact Traditional Trades Inc. in Onalaska and La Crosse County, WI. This apartment rental agency offers units for rent in several senior living facilities geared toward people over age 55. These apartments are located in safe neighborhoods and feature a number of terrific amenities. Call (608) 783-4785 or visit their website to learn more about their property rentals.