Renting a home is often the best solution if you’re not in the market to actually buy. In fact, renting has advantages that are quite appealing, especially if you only need to rent for a short time. I have a few rental properties available here in the Savannah, Ga area that may be just what you are looking for! First though, take a look at a few of the advantages of renting, summed up nicely by mortgagecalculator.org.
Advantages of Renting vs. Buying
1. The initial investment to rent a home or apartment is quite low. Buyers often need to have anywhere between 5 to 10 times to move into a home than to rent an apartment.
2. Renting costs less money. The funds that would normally be used toward a down payment or higher mortgage payments can be invested into savings accounts that give higher returns. This is especially true in situations where the property is lived in by the renter for less than four years.
3. The renter has limited responsibility because they do not have to take care of repairs. The landlord is responsible for these tasks. When owning a home, the owner is responsible for all repair costs.
4. The renter has less of a tax impact on their financial situation. The renter is not impacted by such items as property taxes that can fluctuate often.
5. The renter may be able to budget easier. Rent is an amount that is fixed and may even include utilities in the rental amount. A fixed amount can allow the renter to set a budget easier because the renting cost is set.
6. The renter has more mobility and flexibility to move since leases tend to me short-term.
7. Insurance costs are lower for renters because the renter only needs to insure the contents of the rental property and not the structure itself.
8. The cost to move in is lower. There may be no down payment and less deposits required.
4 Homes Available for Rent in the Savannah Area
222 Chatham St, off Montgomery Crossroads & Atwood
Features:
3 Bedroom, 1 Bath, Livingroom, Eat In Kitchen, Large Den, Laundry Room, Large Fenced Yard
$825 per month
620 W 46th St
Features:
2 Story, 3 Bedrooms, 2 Baths, Entrance Foyer, Living Room, Dining Room with Fireplace, Breakfast Room, Laundry Room with Folding table and storage, Hardwood floors, Central Heat & Air
$895 per month
$895 Security Deposit
141 E 57th St
Features:
3 Bedrooms, 2 Baths, Livingroom has a fireplace, Dining Room with built in Cabinets, Small Room of the Kitchen (would make a great office or playroom), Hardwood floors, Central Heat & Air, Porch off Kitchen, fenced-in yard
$950.00 per month
$950.00 Security Deposit
5 Norwood Ct
Features:
Located in the area “Isle of Hope”, 2 Story, 3 Bedrooms, 2 Baths, Living Room with Fireplace, Seperate Dining Room with entrance to fenced yard, Updated Kitchen with Dishwasher, Master Bedroom Downstairs, Laundry Room Upstairs, 2 Car Garage
$1100.00 per month
$1100.00 Security Deposit
If you’d like more information about any of these homes available for rent or any other questions about renting (or buying), please give me a call at 912-231-1981 or send me an email at hmr1@aol.com.
