Advantages of Renting
Recent changes in the worldwide economic climate have prompted real estate developers to adapt to the situation. Prices in real estate property buying either for business or residential use have soared sky high, while resale values of previously owned properties have declined.
Increasing interest rates on mortgage have pushed other homeowners to apply for a second mortgage plan or home refinancing plan to keep up with monthly mortgages, fees, and sometimes even used to cover other expenses.
With the soaring prices of acquiring real estate properties and with its low resale value, more and more people are opting to rent properties instead of purchasing. The practicality of renting properties over the years has gained acknowledgment both in the business and residential categories.
Signing a lease requires lesser upfront charges as compared to making a downpayment for a real estate property. This scenario is ideal for new families who need not use a big chunk of their savings for a home. Start-up businesses would also benefit from opting to lease a space. Owning a property will tie-up their funds instead of allowing them to invest on other revenue generating endeavors.
The two mentioned above are simple examples, any type of family or type business should also consider renting for many other factors. One important factor that should be considered is location.
Real estate properties situated in prime locations are expensive. For residential properties, a family would of course want to reside in a location that offers proximity to schools, hospitals, commercial establishments, and other institutions. Buying a home that offer these characteristics would cost a fortune while acquiring a residential property in a prime location through a financing plan will definitely eat up a huge chunk of the family's monthly generated income. Renting a place that can satisfy these requirements will only cost the family a fraction of the expected monthly mortgage value.
For businesses, location is important for the business to grow. A business establishment must be within a prime location that is near its target customers. Signing a lease for a prime commercial space will allow the business to enjoy a lower monthly overhead as compared to covering monthly mortgage fees. Renting allows business owners to maximize capital and generate bigger profits.
Renting also provides the simplicity of fixed monthly costs. You can be assured that no other fees and interest charges will arrive within the span of the lease. This works especially well for families who have an expected fixed monthly income. For businesses, it allows business owners to project their expenses within a set time frame. Renting also allows the flexibility of choosing the cost of the monthly rental based on the income bracket. It allows businesses to project costs that may affect pricing of their products or services.
Maintenance costs for real estate properties also surmount to a huge amount. For leased spaces and homes, maintenance costs are often covered by the lease contract. It allows you a worry free stay in case there are some minor or major repairs that can be done like electrical, plumbing, roof repairs, and other fixtures that come with the space.
Rental fees are tied-up at a specific time-frame depending on the lease offer or on your preferred time span for the lease so that you can be assured that there will be no abrupt changes in monthly rental fees within that span. This protects you from unexpected costs that often home owners with mortgage finance plans experience due to fluctuating market rates. In extreme case, if ever rental fee does go up, you can always choose to move to a new place that can offer you a lower monthly rate.
Renting offers plenty of advantages for families and business. It allows the practically of having to choose a home or an office space without having to invest a huge amount and allows the flexibility of choosing a prime location that is most suitable for your needs.
Megatips.info is an information site with thousands of hottest tips, articles and how-to videos Megatips.info covers all aspects and topics such as how-to, home repairs, car repair tips, travel tips, finance tips, shopping tips, computer tips, career tips, golf tips, cooking tips, etc.
Vickie Tan is a college student majoring in English literature and working part-time writing informational articles.
Article Source: http://EzineArticles.com/?expert=Vickie_Tan
Increasing interest rates on mortgage have pushed other homeowners to apply for a second mortgage plan or home refinancing plan to keep up with monthly mortgages, fees, and sometimes even used to cover other expenses.
With the soaring prices of acquiring real estate properties and with its low resale value, more and more people are opting to rent properties instead of purchasing. The practicality of renting properties over the years has gained acknowledgment both in the business and residential categories.
Signing a lease requires lesser upfront charges as compared to making a downpayment for a real estate property. This scenario is ideal for new families who need not use a big chunk of their savings for a home. Start-up businesses would also benefit from opting to lease a space. Owning a property will tie-up their funds instead of allowing them to invest on other revenue generating endeavors.
The two mentioned above are simple examples, any type of family or type business should also consider renting for many other factors. One important factor that should be considered is location.
Real estate properties situated in prime locations are expensive. For residential properties, a family would of course want to reside in a location that offers proximity to schools, hospitals, commercial establishments, and other institutions. Buying a home that offer these characteristics would cost a fortune while acquiring a residential property in a prime location through a financing plan will definitely eat up a huge chunk of the family's monthly generated income. Renting a place that can satisfy these requirements will only cost the family a fraction of the expected monthly mortgage value.
For businesses, location is important for the business to grow. A business establishment must be within a prime location that is near its target customers. Signing a lease for a prime commercial space will allow the business to enjoy a lower monthly overhead as compared to covering monthly mortgage fees. Renting allows business owners to maximize capital and generate bigger profits.
Renting also provides the simplicity of fixed monthly costs. You can be assured that no other fees and interest charges will arrive within the span of the lease. This works especially well for families who have an expected fixed monthly income. For businesses, it allows business owners to project their expenses within a set time frame. Renting also allows the flexibility of choosing the cost of the monthly rental based on the income bracket. It allows businesses to project costs that may affect pricing of their products or services.
Maintenance costs for real estate properties also surmount to a huge amount. For leased spaces and homes, maintenance costs are often covered by the lease contract. It allows you a worry free stay in case there are some minor or major repairs that can be done like electrical, plumbing, roof repairs, and other fixtures that come with the space.
Rental fees are tied-up at a specific time-frame depending on the lease offer or on your preferred time span for the lease so that you can be assured that there will be no abrupt changes in monthly rental fees within that span. This protects you from unexpected costs that often home owners with mortgage finance plans experience due to fluctuating market rates. In extreme case, if ever rental fee does go up, you can always choose to move to a new place that can offer you a lower monthly rate.
Renting offers plenty of advantages for families and business. It allows the practically of having to choose a home or an office space without having to invest a huge amount and allows the flexibility of choosing a prime location that is most suitable for your needs.
Megatips.info is an information site with thousands of hottest tips, articles and how-to videos Megatips.info covers all aspects and topics such as how-to, home repairs, car repair tips, travel tips, finance tips, shopping tips, computer tips, career tips, golf tips, cooking tips, etc.
Vickie Tan is a college student majoring in English literature and working part-time writing informational articles.
Article Source: http://EzineArticles.com/?expert=Vickie_Tan
Labels: Advantages of Renting
Recent changes in the worldwide economic climate have prompted real estate developers to adapt to the situation. Prices in real estate property buying either for business or residential use have soared sky high, while resale values of previously owned properties have declined.
Increasing interest rates on mortgage have pushed other homeowners to apply for a second mortgage plan or home refinancing plan to keep up with monthly mortgages, fees, and sometimes even used to cover other expenses.
With the soaring prices of acquiring real estate properties and with its low resale value, more and more people are opting to rent properties instead of purchasing. The practicality of renting properties over the years has gained acknowledgment both in the business and residential categories.
Signing a lease requires lesser upfront charges as compared to making a downpayment for a real estate property. This scenario is ideal for new families who need not use a big chunk of their savings for a home. Start-up businesses would also benefit from opting to lease a space. Owning a property will tie-up their funds instead of allowing them to invest on other revenue generating endeavors.
The two mentioned above are simple examples, any type of family or type business should also consider renting for many other factors. One important factor that should be considered is location.
Real estate properties situated in prime locations are expensive. For residential properties, a family would of course want to reside in a location that offers proximity to schools, hospitals, commercial establishments, and other institutions. Buying a home that offer these characteristics would cost a fortune while acquiring a residential property in a prime location through a financing plan will definitely eat up a huge chunk of the family's monthly generated income. Renting a place that can satisfy these requirements will only cost the family a fraction of the expected monthly mortgage value.
For businesses, location is important for the business to grow. A business establishment must be within a prime location that is near its target customers. Signing a lease for a prime commercial space will allow the business to enjoy a lower monthly overhead as compared to covering monthly mortgage fees. Renting allows business owners to maximize capital and generate bigger profits.
Renting also provides the simplicity of fixed monthly costs. You can be assured that no other fees and interest charges will arrive within the span of the lease. This works especially well for families who have an expected fixed monthly income. For businesses, it allows business owners to project their expenses within a set time frame. Renting also allows the flexibility of choosing the cost of the monthly rental based on the income bracket. It allows businesses to project costs that may affect pricing of their products or services.
Maintenance costs for real estate properties also surmount to a huge amount. For leased spaces and homes, maintenance costs are often covered by the lease contract. It allows you a worry free stay in case there are some minor or major repairs that can be done like electrical, plumbing, roof repairs, and other fixtures that come with the space.
Rental fees are tied-up at a specific time-frame depending on the lease offer or on your preferred time span for the lease so that you can be assured that there will be no abrupt changes in monthly rental fees within that span. This protects you from unexpected costs that often home owners with mortgage finance plans experience due to fluctuating market rates. In extreme case, if ever rental fee does go up, you can always choose to move to a new place that can offer you a lower monthly rate.
Renting offers plenty of advantages for families and business. It allows the practically of having to choose a home or an office space without having to invest a huge amount and allows the flexibility of choosing a prime location that is most suitable for your needs.
Megatips.info is an information site with thousands of hottest tips, articles and how-to videos Megatips.info covers all aspects and topics such as how-to, home repairs, car repair tips, travel tips, finance tips, shopping tips, computer tips, career tips, golf tips, cooking tips, etc.
Vickie Tan is a college student majoring in English literature and working part-time writing informational articles.
Article Source: http://EzineArticles.com/?expert=Vickie_Tan
Increasing interest rates on mortgage have pushed other homeowners to apply for a second mortgage plan or home refinancing plan to keep up with monthly mortgages, fees, and sometimes even used to cover other expenses.
With the soaring prices of acquiring real estate properties and with its low resale value, more and more people are opting to rent properties instead of purchasing. The practicality of renting properties over the years has gained acknowledgment both in the business and residential categories.
Signing a lease requires lesser upfront charges as compared to making a downpayment for a real estate property. This scenario is ideal for new families who need not use a big chunk of their savings for a home. Start-up businesses would also benefit from opting to lease a space. Owning a property will tie-up their funds instead of allowing them to invest on other revenue generating endeavors.
The two mentioned above are simple examples, any type of family or type business should also consider renting for many other factors. One important factor that should be considered is location.
Real estate properties situated in prime locations are expensive. For residential properties, a family would of course want to reside in a location that offers proximity to schools, hospitals, commercial establishments, and other institutions. Buying a home that offer these characteristics would cost a fortune while acquiring a residential property in a prime location through a financing plan will definitely eat up a huge chunk of the family's monthly generated income. Renting a place that can satisfy these requirements will only cost the family a fraction of the expected monthly mortgage value.
For businesses, location is important for the business to grow. A business establishment must be within a prime location that is near its target customers. Signing a lease for a prime commercial space will allow the business to enjoy a lower monthly overhead as compared to covering monthly mortgage fees. Renting allows business owners to maximize capital and generate bigger profits.
Renting also provides the simplicity of fixed monthly costs. You can be assured that no other fees and interest charges will arrive within the span of the lease. This works especially well for families who have an expected fixed monthly income. For businesses, it allows business owners to project their expenses within a set time frame. Renting also allows the flexibility of choosing the cost of the monthly rental based on the income bracket. It allows businesses to project costs that may affect pricing of their products or services.
Maintenance costs for real estate properties also surmount to a huge amount. For leased spaces and homes, maintenance costs are often covered by the lease contract. It allows you a worry free stay in case there are some minor or major repairs that can be done like electrical, plumbing, roof repairs, and other fixtures that come with the space.
Rental fees are tied-up at a specific time-frame depending on the lease offer or on your preferred time span for the lease so that you can be assured that there will be no abrupt changes in monthly rental fees within that span. This protects you from unexpected costs that often home owners with mortgage finance plans experience due to fluctuating market rates. In extreme case, if ever rental fee does go up, you can always choose to move to a new place that can offer you a lower monthly rate.
Renting offers plenty of advantages for families and business. It allows the practically of having to choose a home or an office space without having to invest a huge amount and allows the flexibility of choosing a prime location that is most suitable for your needs.
Megatips.info is an information site with thousands of hottest tips, articles and how-to videos Megatips.info covers all aspects and topics such as how-to, home repairs, car repair tips, travel tips, finance tips, shopping tips, computer tips, career tips, golf tips, cooking tips, etc.
Vickie Tan is a college student majoring in English literature and working part-time writing informational articles.
Article Source: http://EzineArticles.com/?expert=Vickie_Tan
Labels: Advantages of Renting
posted by zzzzzzzzzzz at
8:57 PM
1 Comments:
IQ FINANCE PLC provides a full financial planning service to both the commercial and domestic markets. At IQ FINANCE PLC we believe that financial planning is about two things: creating wealth and protecting wealth. These two objectives are at the heart of everything we do. And, as a member of IQ FINANCE Services, we give you a small-company service but with a large-company set up – the best of both worlds.
You are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc. Our terms and Conditions are reasonable.
Leasing Price : 4%+1%
Buying Price: 32%+2%
Contact us for more details on our terms and procedure of transaction.
Jamesolsen Terrazas
email : info.iqfinanceplc@gmail.com
skype: cpt_young1
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