Often the dilemma of many people facing real estate is the choice between renting or buying a property. Will Consa agree ? – one wonders. A very broad discourse, which goes well beyond the simple age. Which we know tends to lead the young person to opt for rent and the father of the family to purchase. Well, if you are in doubt about what is the most appropriate way for you to enter the real estate market, you can untie every knot!
We will explain to you both the pros and cons of both approaches. To give you a complete picture of the situation. So, if you are ready, we can get started!
A house is not permanent if you opt for a lease. Therefore, it is obvious that among the pros of a lease, we identify precisely the flexibility and the possibility of changing property. Another element, even if it depends on the contractual clauses, in favour is the absence of effective liability for damage caused by force majeure on furniture or installations.
Maintenance, therefore, in principle, is not your problem !
Usually, in fact, the owner of the house takes care of these dynamics himself. Obviously, it all depends on the type of contract you sign. But the general margin is this.
The recessionary terms of the contract are predetermined, which is why it will be sufficient to make an agreement with the landlord in order to be able, in the future, to eventually decide when to leave it.
Having explained what is in favour of a lease, let us look at the disadvantages.
Among the cons suffered the most by the tenant, we identify the scarce (almost nothing) possibility of changing the interior environment in an extreme way.
No nails to the wall, no paint, no work that can alter the structure. Often pets are not allowed, so you should inform yourself in advance if you have a four-legged friend!
Do you want to turn the house upside down to your taste? You can do it quietly, because it is yours alone! Many investors prefer to buy a property “for life” just to have the freedom to modify it at any time and in any way.
Also with regard to pets, no restrictions.
Everything looks like roses and flowers. But it is right to consider some elements that could create some problems for you.
If you do not have the financial possibilities to pay for it, you will be forced to open a mortgage. This means paying the house with interest. In addition, if there are any problems, you will be responsible for them yourself. In short, small elements that could destabilize you if you are not 100% ready to invest.
The real estate market is constantly evolving. We cannot tell you what the best solution is, because everything depends on your needs. What we can say with certainty is that you now know what the advantages and disadvantages are in both cases!So , did you decide ? Renting or buying a property?
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