Today's renters include retirees, college students, singles, young couples and small families. People may rent property out of necessity or by choice. Many properties now offer a growing number of amenities to entice and retain renters. Many factors must be considered when looking for the ideal rental property such as location, commute, conveniences and whether or not pets are permitted. Once a property has been decided upon, a lease will be written and signed that defines the legal rights and responsibilities of the tenant(s).

While some renters will continue renting happily for years, others may decide to trade rent for mortgage payments. Certain personal and financial factors must be considered prior to making any decisions.

SEE: 6 Signs It's Time To Buy A House






comments powered by Disqus
Trading Center