Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529
Call: 844-230-1753 Email UsAbberlyPlace018@myLTSMail.com View Map

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

Apartments Raleigh NC Blog

The Economics of Renting and Buying - Glen Allen, VA

Joseph Coupal - Thursday, October 20, 2016

For those who are debating the buy vs. rent question, here five things you need to know before you decide if you should buy or rent:

How long you plan to stay matters: It takes at least 5 years to recoup the closings costs of buying a home

Location, location, location: The age-old adage holds true in this debate. In some places renting can be a better deal than buying, so do your research

Know about the hidden costs for both: Hidden costs of owning include closing costs, insurance, maintenance, stress. Renting costs include moving expenses

Tax deductions are not guaranteed: Homeownesr do get a variety of tax deductions, which can offset the cost of owning, including mortgage interest to property taxes. But, be aware that as politicians try to fix the U.S. housing problems, some of these deductions may disappear

Money: Know how you plan to pay and consider how much of a down payment you can afford to make and how good your credit score is. Buying may seem like a good way to accelerate adulthood but if your income could change, you may not be ready

Interested in renting an apartment in Glen Allen, VA? If so, contact Abberly Place Apartment Homes.

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Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529

Call: 844-230-1753
Email UsAbberlyPlace024@myLTSMail.com
View Map

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

$937-$1,361