Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529
Call or Text: 866-526-0879 Email UsAbberlyPlace018@myLTSMail.com View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$937-$1,361

Apartments Raleigh NC Blog

How to Know if You Should Rent or Buy - Garner, NC

Joseph Coupal - Friday, January 27, 2017
Abberly Place, Garner, NCWhile everyone needs a place to live, it may be better to rent as opposed to buying in some situations. How do you determine whether your money is better spent making a rent payment or making a mortgage payment?

Pros and Cons of Buying a House

If you are looking to put roots down in the community, it is worth your money to buy a home. This is because you will have a reason to spend $1,000 or more every month for the next 10, 15 or 30 years.

The home will also appreciate in value, which means it can be a great way to grow your wealth as time passes. Another benefit is that you can sell when you are ready as opposed to being forced out of a home because your lease is up.

Some downsides to buying a home include the cost of mortgage interest and insurance. You also have to pay property taxes as well as set aside money for maintenance and furnishing your home.

Pros and Cons of Renting

The biggest benefit to renting is that you are typically only obligated to live there for a year. In some cases, you may be able to sign a short-term lease or find a landlord willing to rent to you on a monthly basis. This means that you would be free to leave by giving 30 days’ notice.

The biggest downside to renting is that in most jurisdictions, there are not tax breaks for those who pay rent like there are for those who pay a mortgage.

Renting a home is ideal for those who are not ready to commit to the community or aren’t sure about their long-term financial situation.

For more information on renting apartments in Garner, NC, contact Abberly Place.

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realtybiznews.com


Finding a Home in a New City – Garner, NC

Joseph Coupal - Thursday, January 19, 2017

Abberly Place apartments in Garner, NCMoving to a new city can be daunting, but there are ways you can make it easier.

Moving to a new city can feel overwhelming. You’ll soon be surrounded by all new places and faces, which will certainly take some time to get used to. One thing that will help you get settled more quickly? Choosing the perfect place to live – one that makes you feel comfortable right away.

You may be thinking, “How can I find a home I love in a new city I know nothing about?” If you know exactly what to look for and the right questions to ask yourself, it will be easy to narrow down your options. First things first: Hit your new city for a day of exploring.

Rent or Buy?

First you’ll need to make an important distinction: Are you looking to rent a home or buy? Your finances may answer this question for you; buying a home is a major monetary commitment that takes serious planning, so be sure you are ready.

Thinking beyond bank accounts, there are other reasons it might make sense to rent rather than buy at first in a brand new city. Many real estate agents recommend renting first to get to know the area.

Rent in a new city before buying to give yourself a chance to get to know the areas. What corners you like best. Get a good understanding of how long certain commutes are to your work and other important activities.

It also gives you time to make sure you’ll actually like the new job and city.

What a nightmare it would be to buy a home in a new city, only to end up hating the job (or city) and moving back within a few months.

Lastly, the type of home you’re interested in may help narrow down your choice to rent or buy. If you definitely want an apartment/condo in a high-rise building, that is more likely available for rent.

Learn the Neighborhoods

As you start apartment hunting, keep in mind the three most important words in real estate: location, location, location. Choosing your new neighborhood can actually be more important than most other things.

As you check out the neighborhoods in your new city, consider the following: Do you want to live downtown, or in a more suburban or rural area? There are certainly pros and cons to each option.

Downtown, you may be within walking distance to great restaurants, fun entertainment and, conveniently, your place of work. That being said, you could also deal with negatives like loud street noise or frequent construction.

In the suburbs, you could have more green space with parks and playgrounds. However, if you’ve decided you’re looking for an apartment, your options might be limited outside of downtown.

Your transportation situation is also a key factor to consider. Do you own a car? How far are you willing to commute to work, and where does the neighborhood fit into traffic patterns? Take commute time into account, not just the distance.

Once you’ve pinpointed the general area you want to be, try plugging the coordinates into GPS to determine if your driving time is satisfactory to you during rush hour.

Other key factors to keep in mind when exploring a neighborhood are the specifics that fit your family’s needs. Do you have children, or are you planning a family in the future? If so, find out about the schools in the areas you’re considering.

If possible, drive around each of the schools those neighborhoods feed into. Even if you don’t have children this can give you a feel for the area.

And, of course, talk with someone familiar with the city – your new coworkers or friends in the area.

For more information on apartments in Garner, NC contact Abberly Place.

Good Call
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It May Not Be Time for You to Buy - Garner, NC

Joseph Coupal - Friday, January 13, 2017

Abberly Place, Garner, NCThere is absolutely no reason to be making decisions based on something an “expert” said who decides to share his guess about what he thinks will happen next in the housing market.

The same holds true for the other people who happen to express similar concerns to you about buying right now. Most are convinced that if they don’t buy a house now, they’ll be priced out of the market, and maybe they will be. But we heard that argument a lot in 2005-6.

Buying a home is one of the biggest financial decisions that most of us will make in our lifetimes. And yet it’s often a decision in which the person with the most knowledge about what makes the most sense gets overlooked: You.

There’s a simple way to fix this problem. All it takes is a piece of paper, a pencil and some time. So if you’re struggling with this decision to buy (or sell), take a minute to think through these questions and write down the answers, you’ll need to refer back to them the next time somebody decides to share what he thinks will happen with the housing market.

  • Can you afford it, and do you have enough saved for a down payment? Make sure you include the cost for things like property taxes, homeowner association fees and utilities.
  • Can you qualify for a loan? If the answer right now is no, then you can stop torturing yourself, because it doesn’t matter if the market is about to take off. You can’t buy a house.
  • How long do you plan to live in the home? There’s some debate about the minimum time you should live in a home for it to be worthwhile, but if it’s less than five years, forget about it.
  • What guess are you making about housing prices? It is a painful reality that the one variable that makes a huge difference in this decision is unknowable. What is going to happen to housing prices in the short term is anyone’s guess. But for your own sanity, just assume that housing prices will continue to increase by about the long-term average of inflation, or 3 percent. You really can’t afford to buy a house if the decision depends solely on what the house might one day be worth.

The answers to all of these questions will depend on you and your individual situation. And that’s the point. Hopefully it’s clear now how ridiculous it is to buy a house based on some stranger’s advice.

Through this process, you may discover that buying and owning a house isn’t for you, and that’s O.K., too. But these questions can also help end your anxiety around what is probably the biggest financial decision you’ll make. Don’t you think that’s worth a piece of paper, a pencil and a little time?

For more information on renting an apartment in Garner, NC, contact Abberly Place.

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New York Times


Happy New Year 2017 from Abberly Place in Garner, NC!

Joseph Coupal - Friday, January 06, 2017

Abberly Place, Garner, NCA fresh new year has arrived once again. It’s the time to be thankful for everything we have and for everything we have achieved in the past year. But it is also time to start new, start strong, and accomplish everything we want to do this year.

It is also time for us to say “Thank You” for our success last year. If you are an existing associate, we have enjoyed working with you. If we are just embarking on a new relationship with you in 2017, we look forward to the opportunity. We are excited for what we all can achieve in 2017.

The New Year stands before us, like a chapter in a book, waiting to be written. We can help write that story by setting goals. – Melody Beattie

Happy New Year from Abberly Place in Garner, NC!

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Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529

Call or Text: 866-526-0879
Email UsAbberlyPlace018@myLTSMail.com
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$937-$1,361