Benefits to Homeowners When Downsizing to a Rental

by | Jan 30, 2017 | Real Estate Services

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Downsizing is a common trend for empty nesters. A large, empty family home is financially draining and a little lonely to parents with children now out on their own. During this transition period, some people choose to make even more changes by trying out a new area or a new lifestyle. Becoming a renter after years of home ownership is an adjustment that some make smoothly and others find uncomfortable. Furman Realty wants to help everyone to remember some of the many benefits of renting.

Freedom From Repairs

A broken water heater or leaking sink no longer means a weekend of work, contacting repairmen, and writing out a hefty check for parts and labor. The only responsibility tenants have is to notify the property manager. The rest of the work is done for them.

Eliminating Yard Work

Mowing, raking, and shoveling take time and energy to complete, and not everyone finds the work enjoyable. Couples that dread their yard chores will love the idea of being free from this responsibility. It is possible for hobby gardeners to still continue their activities through container gardening or even speaking with the property owner about adding a flower garden or helping to maintain an existing one. If lucky, the work may even provide a small rental credit.

Improved Security Features

Some apartment complexes offer gated entries and surveillance systems. Even when this is not included, there is still more security in apartments than in a single family home. It is more difficult for criminals to identify when an apartment is empty, and the multiple potential witnesses discourage most people from lurking around.

Moving is Easier

It is easier to move if a new job opportunity comes up or the area is disappointing. Most people Furman Realty representatives work with sign an annual lease. Once the terms of the lease are met, the tenant can move. There is no home to sell or complex contracts and paperwork to complete.

Modern apartment complexes are efficient and comfortable. Many allow pets, have ample parking, and include extras like pools or community rooms. Renting does mean losing some privacy, and there is no way of knowing who will be sharing the building. This is usually not a concern if renters are careful about selecting a location operated by a reliable management company. Visit the Website to learn more about the available rental units in the area.

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