Cookeville, Tennessee
1520 E. Spring St., Suite B
Cookeville, TN 38506
(931) 526-2104

3 Reasons to Rent a Home Instead of Buying May 21, 2020

Cookeville, Putnam
3 Reasons to Rent a Home Instead of Buying, Cookeville, Tennessee

Owning a home is a common dream, but it might not fit with your current goals or financial situation. Whether you’re embarking on a new career or raising a young family, finding a home for rent can help you balance your short- and long-term plans. If you’re looking for a place to call your own and hadn’t considered the rental market before, here are a few reasons you should.

3 Benefits of Choosing a Home for Rent

1. Provides Future Flexibility

Buying a house often means taking out a mortgage, which can take decades to pay off. Many people apply for fixed interest rates to help control costs, but you may lose out on this benefit if you relocate later on. Most rental agreements give you the option of a one- or two-year lease, so you can get established in the community and renew or move on if your personal or professional goals take you elsewhere.

2. Minimizes Maintenance Headaches

homes for rentAs a homeowner, it’s your responsibility to handle property maintenance and repairs. Depending on the scope of the work, this can be a costly endeavor—and if you don’t have the time or DIY experience, your construction, plumbing, and electrical projects may end up needing a professional instead.

When you rent a house, maintenance and some repairs will be included in the cost. The property management company may also have preferred contractors for home repair services, saving you the hassle of finding a provider. 

3. Eliminates Property Taxes

Homeowners are responsible for property taxes that go towards improving the community infrastructure and paying government employees. The taxes can fluctuate based on the house’s value, which can increase your living expenses. Choosing a home for rent saves you this cost; other taxes you pay, such as on income and purchases, will still help support the community.

 

If you’re ready to call Putnam County, TN, home, contact Buckner Properties in Cookeville. Since 1964, the company has been providing clean, comfortable rental properties that are ideal for students, young professionals, and families alike. Visit them online to see their homes for rent, and call (931) 526-2104 for information about any listing that catches your eye. Like the management company on Facebook for more insights into the renter lifestyle. 

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