All Topics > Real Estate Resources > Home Renting vs. Buying >

Home Renting vs. Buying Georgia

In most instances, as real estate agents will tell you, buying a home is better than renting. However, there are some situations where renting makes more sense.

Local Companies

Century21 Scarbrough Properties
770.617.0877
GA

Galingayle Lake Oconee Community
706-342-1559
202 W. Washington St.
Madison, GA

KELLER WILLIAMS REALTY NW
678.873.0951
1010 NORTH TENNESSEE ST
CARTERSVILLE, GA

Atlanta Home Realtor
404-423-8770
2659 Spring Drive
Smyrna, GA

Barbra Curtiss Realty, LLC
706-974-3867
326 Dahlonega St.
Cumming, GA

North Georgia Mountain Real Estate
706 219-0096
P.O. Box 190
Sautee-Nacoochee, GA

Century 21
770-536-3121
208 w. academy st
Gainesville, GA

Harry Norman Realtors
770-916-4028
3350 Riverwood Pkwy
Atlanta, GA

Jenny Pruitt & Associates Realtors
770-394-5400
990 Hammond Drive
Atlanta, GA

COLDWELL BANKER CASCADE REALTY
404-696-8942
3915 Cascade Road Suite 130
Atlanta, GA

Provided by:

Click here for more content from HowToDoThings.com

Most real estate agents will tell you, without hesitating, that it is always better to buy than rent. In many instances, in fact, most instances, this is probably good advice. Here are some situations where renting makes more sense than buying.

Interest rates. If you do not have much money to be put towards a down payment, if your credit report is hindering your ability to secure a loan at a decent interest rate, or if your mortgage broker cannot get you an attractive overall package, it may be a good idea to wait until this changes. Typically speaking, the more money you put down at closing the lower the interest rate. If you think that, in the next year you may be able to muster up more cash, wait. If you think that your credit report has blemishes and you can clear them up in a year's time-wait.
Job uncertainty. If you are a professional working with a company that can, or does, transfer you to different cities in short periods of time, then it may not make sense to buy. Renting allows you the flexibility of moving at the drop of a hat. If you are a professional on the move, make sure any lease you sign is a "tenancy at will", meaning, you can leave on 60 days (or a different agreed upon time) notice. Breaking a lease can be expensive, so keep this in mind.
Traveling. If you are constantly traveling with your job; particularly overseas, you may want to consider renting until you find the place you want to settle in. Owning a home requires that you are around (or someone reliable is around) to maintain your property. Being an absentee landlord or owner can be stressful since you are never able to take proper and full care of your purchase.

...

Click here to read the rest of the article at HowToDoThings.com

Author: Grace Bloodwell

Featured Local Company

Century21 Scarbrough Properties

770.617.0877
GA
www.TIKISHANNON.com / www.C21stopForeclosure.com

Read more about Home Renting vs. Buying

- Income Properties Georgia

If you're looking for a way to increase your income, you may need to look no further than your own home. These days, more and more Canadians are turning their homes into income properties. An income property is a home that is bought or developed in order to generate income, typically by renting it out in part or in its entirety.

- Don't Buy the Myths: Renting Can Be a Smart Decision (part 1) Georgia
- Information For Renting Cottage Georgia
- Should you rent or buy a home? Georgia
- Don't Buy the Myths: Renting Can Be A Smart Decision (part 2) Georgia
- Buying a House Before You're 30 Georgia
- Buying a Mobile Home Georgia
- Buying Your Second Home Georgia
- How To Rent a House Georgia
- Diversify Your Portfolio by Renting Georgia

Regional Articles

- Diversify Your Portfolio by Renting Georgia

The following real estate tips contain all the information you need to know about about how to diversify your portfolio by renting. Read on for simple yet effective ideas on how to rent instead of buy.

- Income Properties Georgia
- Buying a House Before You're 30 Georgia
- Should you rent or buy a home? Georgia
- Buying Your Second Home Georgia
- Information For Renting Cottage Georgia
- Don't Buy the Myths: Renting Can Be A Smart Decision (part 2) Georgia
- Buying a Mobile Home Georgia
- How To Rent a House Georgia
- Don't Buy the Myths: Renting Can Be a Smart Decision (part 1) Georgia

Related Local Event

2Nd Annual Real Estate Industry Day
Dates: 9/18/2009 - 9/18/2009
Location: Holiday Inn Decatur
Decatur, GA
View Details

Advertising	Food & Beverage	Nightlife
Business Services	Franchise	Online Database
Career	Health	Pets
Cars	Holidays	Real Estate Resources
Computer Hardware	Home Appliances	Retail & Consumer Services
Construction	Home Electronics	Software
Education	Home Services	Technology
Entertainment	Industrial Goods & Services	Telecommunications
Environmental	Insurance	Trade Shows
Family	Internet	Travel
Fashion	Legal	Weddings
Financial Services	Miscellaneous	World History

Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History