Hi Everyone!
Leasing an apartment can be a wise decision if you're not wanting to be tied down to a mortgage. Other reasons maybe;
- Don't want responsibilities of maintenance for a house.
- Not wanting to deal with HOAs or PUDs or MUDs.
- Want peace of mind if have to break lease, won't have to face foreclosure if lose job and can't refinance or sell or rent or do shortsale or even modify loan.
- Want something simple with just dealing with a property manager vs dealing with multiple people to handle issues with your place. So in conclusion leasing an apartment can be just as cost effective to one, just as it is to one who has a mortgage and a home.
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