NBVP has recently merged with Burr White Realty, providing over 130 of the finest vacation rentals Newport Beach has to offer! Read more

3 Advantages of Renting Instead of Buying

rentorbuy

Deciding whether you should buy or rent is a life choice many people face. This is a big decision and there are many factors to take into consideration. No need to start making that pros and cons list because Balboa Realty is here to help you figure out whether renting or buying is in your near future. You might be pleasantly surprised at how stress free renting can make your life, so before you jump at the chance to buy a house consider the many advantages of renting. 

Interested in buying or renting a home in Orange CountyCall Balboa Realty today: (949) 386-8310

View Balboa Realty's Orange County long term rentals

#1: Maintenance

One of the biggest perks of renting a home is that the big maintenance issues are the owner’s responsibility to take of - not you. Even if you live in a newly built home, the truth is, things happen and things break. If your shower breaks, or if there’s a leak in your ceiling, you won't have to shell out the money and watch your bank account drain down. When a problem occurs, the most important role you place is to simply report it. It is then on the property management company, like Balboa Realty, and the property owner to take care of it.  

 

#2: Buys You Time

When you’re looking for a rental, you will feel less stress to find the “perfect home”. This is your chance to test out different home layouts and features and see what you like and don’t like. If you’re new to an area, renting gives you time to check out the neighborhood before you decide to put roots down and buy a home. You can really take the time to think of the variables such as your commute to work and the school system for your children. 

Read more tips about Orange County rentals.

#3: Hands Off

Are you a super busy person and don’t have time or interest in landscaping or home improvement projects? When you rent, you have a lot of flexibility and you don’t have to worry about anything but the inside of your home. If you do have some ideas on how to improve your rental, chat with your property management company first before making any permanent changes. When it comes times to move out, you wouldn’t want to compromise your security deposit. 

Published on Friday, June 15, 2018