Susan McPherson's Blog
Renting a house is a stress free way to really find out how much you like a property. When you rent a house, you can find out how well you gel with neighbors. You can also discover how much your spouse or children like the home.
Renting a house offers unique safeguards
There are other advantages to renting versus buying a house. Above all, you won't have to take on ongoing debt that's inherent in a mortgage to learn:
- That bedroom and bathroom layouts are not conducive to your children's school or sports preparation activities
- Neighborhood pets are too aggressive for you to be comfortable letting your young children play outside without you constantly being right by their side. If it's not your neighbors' pets, it's stray dogs and cats that you're concerned about.
- Noise coming from your neighbors' homes keeps you up at night even if you shut your windows
- The master bedroom at the house is too close to a street light, causing you to struggle to get and stay asleep
- Trash pickup is a headache. Despite how many times you call the local garbage company, large boxes and bags of trash remain at the edge of your front walkway or alley for one to two days longer than they should
- Traffic on the street is too busy or moves too quickly for your comfort, even if you live alone
- Entertainment, restaurants and shops are too faraway
- It takes you too long to commute to and from work, even if you take public transportation
When one or more of these situations occurs, it might be best to vacate the property at the end of your rental agreement. In most cases, you'd have nothing to lose after you vacate the rental home.
House renting and buying come with unique pros and cons
You could even rent two to three house for six months before you decide on a house to buy. Renting two or more houses could make it more clear to you which specific amenities you want. For example, you might learn that having a separate bathroom for each of your children is important.
Other things that you might learn from renting two or more houses are that you want to be within five or fewer miles of a reliable form of public transportation and that you don't want to live close to a school. Living in a community that's growing,an area that's bringing in more companies, might also be key for you.
After you rent a house, you might be surprised to learn that you don't want to live close to neighbors. Having a finished basement, covered parking or two car garage might turn into "must haves" as well. Had you not rented a house, you might have convinced yourself that you could enjoy living in a house without these amenities, and mistakenly bought a house that you would never be happy with.
The chance to step away from a lease agreement within a year or less is a benefit that you generally won't get if you buy a house. This single lack of certainty keep some people renting instead of trusting that they could love living in the same house for years. After all, despite the number of times that you walk through a house, it's not the same as actually living at a property.