Redstone Arsenal Community

Home
//
Redstone Arsenal
//
Community
//
Buying Versus Renting

Buying Versus Renting

Redstone_2019 Housing & Real Estate Buying Vs Renting

The decision to buy or rent is the most important step in your relocation process. Purchasing a home entails a long-term financial and emotional commitment with various pluses and minuses. Advantages include the possibility of building equity and the freedom to design and decorate your property or landscape. And don’t forget the tax benefits. Disadvantages include upkeep, property taxes and fluctuating property values.

Renting, on the other hand, makes moving easier and someone else maintains the property. Amenities such as laundry rooms, exercise rooms, swimming pools and tennis courts vary from one rental complex to another. The main disadvantage is loss of control over the residence. Some complexes, for example, restrict or prohibit pets and personal touches such as painting. And the landlord or property managers can also raise the rent with proper notice.

To determine your best choice, account for all of your needs, review your financial situation and research your options thoroughly.

Recent Posts

Welcome

April 24, 2020

History

April 22, 2020

Arrival

April 14, 2020
Related Posts
The Best Buckley AFB Schools: Daycare - High SchoolThe Best Buckley AFB Schools: Daycare - High School
Introduction So you’ve just been assigned to Buckley Air Force Base. There’s a ton of things for you…
National Guard Birthday: Celebrating Those Always Ready, Always ThereNational Guard Birthday: Celebrating Those Always Ready, Always There
Introduction The US National Guard is an essential and storied branch of the United States military apparatus. Many…
Pearl Harbor Remembrance DayPearl Harbor Remembrance Day
Introduction Pearl Harbor Remembrance Day is honored each year on Dec. 7. It’s the day when the Empire…