Abberly Village Apartment Homes

1000 Abberly Village Circle, West Columbia, SC 29169
Call: (866) 933-5853 (803) 936-1012 Email Usabberlyvillage017@myltsmail.com View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

West Columbia SC Apartments Blog

Apartment Hunting Mistakes – West Columbia, SC

Joseph Coupal - Thursday, November 17, 2016

When apartment hunting, we assume we know what we want, and strongly believe that we know how to find it. However, this is not always the case.

There are various mistakes that we can make while apartment hunting in West Columbia, SC, including the wrong area, monthly price, and the roommate situation.

1. Wrong location

Apartment location is huge, especially when you plan on settling down for a few years and having the same address for longer than two semesters. To decide an area in which you want to live in, there is no better way than physically visiting the place.

A location is vital for obvious reasons, but also because we want to be close to certain things, such as campus, grocery stores, and gas stations.

2. Bad pricing

Pricing is everything. Make sure that you are looking in a bracket you can afford and are willing to pay. Nothing is worse than finding the perfect place and realizing that it is way over your budget.

It is always a solid idea to plan accordingly and to have money saved. In this case, better to have money saved than no money.

3. Relying on opinions

As we search for apartments, we have a habit of asking others for their opinions. If they have heard about the apartment complex before, if friends have lived there, or been there, etc. It is good to ask around in search of separate perspectives, special insight, or first apartment advice in general.

But, don’t make decisions solely based on what others say. Basically, this rule applies to any and everything in life. You should always be willing to listen, but not always willing to agree.

4. Unstable roommates

Finding an apartment also means that you most likely will have roommates. Whether they are random or not, they are still your roomies. And this means that you should attempt to find stable ones that are able to pay their portion of rent, electric, and water every month: the necessities. Plus, stability means being able to feed yourself.

Searching for a place to live also means that everyone is on board with living there and that down the road, they will not be blaming you for signing the lease. There is nothing like an argument revolving around the lease. Say hello to awkwardness and potential end of friendship.

5. Narrow choices

Apartment searching does not mean that you plan on locating your dream house, but also does not mean that you should be settling just because. You want to go into the hunt with a general idea of what you want, but then also not limit yourself.

Having too narrow of choices can make it extremely difficult to find an apartment, as well as putting unnecessary pressure on yourself.

6. No amenities

This is vital because who wants to pay $200 more a month just because there is a community pool? If anything, the apartment should come with a lot more than just that.

Common amenities include a gym, washer and dryer, visitor parking, pets accepted, and of course a pool is always nice. Try not to limit yourself once again, though. You may be missing out on really nice apartments just because they do not come with a deluxe gym (think about what you need versus what you want).

Looking for the very perfect apartment is not only difficult, but pretty much rare. You are not always going to be completely pleased with your results, but you can definitely be happy for the extent of the lease.

Attempt to steer clear of the common mistakes which include location, pricing, advice, choices, roomies, and amenities. Plus you may find the perfect apartment in an area you never thought twice about.

For more information on apartments in West Columbia, SC, contact Abberly Village.

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ULoop


Students Have a Better Experience When They Live in Off-Campus Apartments in West Columbia, SC

Joseph Coupal - Tuesday, November 08, 2016
College is often called a bubble by its students — and rightly so. Often, most students live on campus in some form of dorm housing. Other times, few students bring a car to campus and the typical student can go days without leaving the perimeter of campus. There are those, however, who live off campus and can have entirely different experiences as matriculated students.

There are a variety of reasons why a student may choose to live off campus. Some may live in their family homes in reasonable proximity to campus, while others have chosen to rent apartments in West Columbia, SC and the surrounding towns. Other students choose to live in larger cities and commute back and forth.

Those living in town often take all of their classes at one of the nearby colleges and easily travel on and off campus. Often students live in an apartment when they feel they have outgrown the dorms.

Living off campus does not mean you have to adjust any obligations at college and students can just commute, usually driving to campus in the mornings and staying for the day, studying between classes and heading back home after dinner.

Some students find that living off-campus actually find it easier to manage their classes.

“I’m more focused since I have to manage my time better with the transit from campus to home … I study both at school and off campus — at my apartment.”

Many find their social life more active when moving off campus. Living off campus certainly does remove one from the bubble, for better or for worse. While it can be refreshing to have the freedom to move to and from college campus, some students who live off campus can miss some aspects of the experience.

Some miss the student life on campus, but like the freedom to just be able to walk out of their apartment and be in a city.

For more information on apartments in West Columbia, SC contact Abberly Village.

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thewellesleynews.com


Why Buying a Home is Not an Investment – West Columbia, SC

Joseph Coupal - Wednesday, November 02, 2016

Should you keep renting, or buy a home?

It's an age-old dilemma nearly every American adult wrestles with at some point. They wonder about paying rent when they could be investing in a home that will grow in value and potentially provide a nice return one day.

If that line of thinking sounds familiar, stop right there.

A number of crucial factors go into the rent-versus-buy equation — myriad calculators exist for just this purpose — but a house's potential return on investment shouldn't be your focus. In fact, you shouldn't think of it as an investment at all.

People get caught up in this notion of 'Oh, if I buy a house it's an investment, so I can do it at any time,' but it's not.

Housing is a consumption decision, not an investment decision. The amount you pay for housing should comport with your needs, goals, and budget, regardless of housing market trends and potential growth in home value.

If what you're spending each month on housing jumps when you move from renting to owning, that's not necessarily a wise financial move just because you're getting equity. You need to make sure the additional space and amenities you're consuming are worthwhile expenditures on their own merits, not for the theoretical payout they might afford later.

If you spend twice as much on a house, you're not making twice as big an investment, you're spending twice as much on housing. That's a mistaken way to approach it.

Let's say you time your local market correctly and home prices rise after you buy. If you decide to sell that home, you'll still need a place to live, and you're buying in that same market with expensive home prices unless you go back to renting.

Moreover, the process of buying and selling a house is expensive. The taxes, fees, and closing costs you'll pay when you buy and sell that home eat into any profits you reap.

Buying that house cheap and selling it once it's gotten expensive is an expensive way to make money, because the round trip cost to you is about 10%, so you take a huge hit.

If you want to make an investment in housing, you're better off doing it in the markets — such as buying shares in a real estate investment trust or an exchange-traded fund.

For buying your own home, just ensure it will match your needs for many years to come, independent of what happens in the markets.

For more information on apartments in West Columbia, SC contact Abberly Village.

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Business Insider


Apartment Hunting Tips – West Columbia, SC

Joseph Coupal - Wednesday, October 26, 2016
No matter your age, going out on your own to rent your first apartment is a major step. If you’ve never done it before, how do you know what to look for? It may come as a surprise, but there are tons of things to consider other than the usual question of “do I have enough space?”

In order to make this huge step go a little smoother, here are some tips for first-time apartment searchers.

Check your commute

One of the most important questions for anyone: How long is my commute? To figure it out, start with an app, like Google maps or Waze. To make sure you’ve got a good estimate of door to door travel time, the best advice would be to go on a practice run before you decide on an apartment.

If you’re taking public transportation, check the walking distance from the apartment to the nearest stop. Time how long it will take you to get there and check out the lay of the land. Your app might tell you that the stop is only a 5-minute walk, but what if it’s a 5-minute walk up a huge hill? Most likely, that might change your timing a bit.

Own a car? Be sure to ask about parking details like whether you have your own parking spot and if there’s a fee.

Lastly, take the time one day to check out the traffic patterns during the hours you’ll be driving to and from work. Your app might estimate a 20-minute drive, but if that turns into an hour drive during rush hour, you might not find that apartment so appealing anymore.

Test out the utilities

You don’t want to get comfortable on the couch and then realize you have no outlet to plug in your phone charger.  Or even worse, have you ever left your phone charging overnight only to realize the outlet didn’t work at all? Both frustrating situations and both totally avoidable.

Take that charger you carry with you everywhere and test the outlets at every apartment you visit. Also take note of their locations. If your living room or bedroom only has one outlet, is that enough? Another tip: Run the faucets and shower and flush the toilet to make sure there’s sufficient water pressure.

Research your landlord or leasing company

Dealing with your landlord or leasing company may become a huge part of your life. The last thing you want to do is tie yourself to a lease with an unresponsive landlord. After all, they’re responsible for keeping your apartment and building up to living standards.

Before you sign, do a little digging. See if your building had any violations or complaints filed against it. A simple online search may also give you the clarity you need.

Sign a roommate agreement

In an ideal world, you and your roommates would get along like one big happy family. But we all know how unlikely that is. No matter how well it might start out, there’s a good chance you’ll run into disagreements down the. So why not get that awkward conversation out of the way before you sign a lease with anyone else?

There are plenty of sites where you can get generic roommate agreements but there are also some where you can customize it to your needs.

Also, no matter how much you love the apartment you’re visiting, do not get pressured into signing a lease (especially if it’s your first time there). Not only should you try to visit at least two more places, but you should also come back to your favorite apartment for a second look.

For more information on apartments in West Columbia, SC contact Abberly Village.

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Yahoo! Finance


Tips for College Students Looking to Rent Apartments in West Columbia, SC

Joseph Coupal - Wednesday, October 19, 2016

Renting an apartment in college is almost a rite of passage. Sometimes it is easy to find the right place, sometimes it isn’t. To avoid trouble, here are some tips for prospective renters:

1.) Checking your credit report.

You can get one for free, once a year, from www.annualcreditreport.com.

It’s very important to do that before you go speak to a landlord because once you go see a landlord, you’re going to be giving them an application fee and that’s typically per adult. So if there is something on your credit, you’re going to want to explain that before you pay an application fee.

There’s no sense in paying it if you’re going to be denied anyway.

2.) Know your budget by separating wants from needs.

3.) Avoid only looking at model units

That’s not necessarily what you’re going to get. You may get something very similar but it may not have been freshly painted. May not be fresh carpet.

4.) Research your roommates

Roommate issues is high on the list of tenant complaints.

5 (and most importantly). Read the lease thoroughly

If you don’t understand something then the property manager needs to explain that to you. And if the property manager doesn’t want to explain that, then you don’t want to rent from that person.

For more information on apartments in West Columbia, SC contact Abberly Village.

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wibw.com


Renting an Apartment in West Columbia, SC in Retirement

Joseph Coupal - Thursday, October 13, 2016

If you assume it’s better to own your home once you retire, you may want to consider the alternative. Renting an apartment in West Columbia, SC can be a better choice, depending on your circumstances and goals.

Just over 80 percent of American householders age 65 and older own their homes. Many retirees want to stay close to friends and family and prefer the stability of home ownership. Others hope to see home values rise before selling, or plan to take out a reverse mortgage.

Renting offers its own benefits:

  • Flexibility. Many retirees plan to relocate at some point, perhaps to be closer to family members in other cities, or just to enjoy a different part of the country, perhaps with more sunshine and golf courses. If you’re not ready to move yet, you may simplify matters by selling your home now and moving into an apartment locally. When you are ready to make the big move it will be much simpler, as you have already sold your house. On the other end, when you do move you may want to rent an apartment in the new city to make sure you are happy living there before making it permanent.
  • Simplicity. Owning a home comes with lots of responsibilities, from mowing the lawn and shoveling snow from the sidewalk to painting the exterior and replacing the roof. Some folks want to keep doing those things as long as they are physically able, but if you’re tired of the time and expense, renting frees you from all of these tasks.
  • Liquidity. From a financial standpoint, renting vs. owning can be a complex question involving taxes and other long-term issues, so it’s a good idea to discuss it with a financial adviser. In general, renting can be a good alternative to having much of your retirement savings tied up in a house. At the same time, you eliminate all the costs of home ownership such as maintenance and property taxes. A bonus advantage is that you will no longer be carrying that large mortgage debt.

If you are considering downsizing, it may pay to look into renting vs. owning, especially if you’re not sure how long you will stay in a new location. You don’t want to pay closing costs to buy a new home and then move again in two to three years. At any rate, these issues should be resolved within the context of your overall financial plan.

For more information on 2 bedroom apartments in West Columbia, SC contact Abberly Village.

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Excerpts – New Haven Register


Advantages Of Renting Apartments in West Columbia, SC

Joseph Coupal - Wednesday, October 05, 2016

The following are some of advantages of renting that you may want to consider when you are considering apartments in West Columbia, SC.

  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • The renter has more mobility and flexibility to move since leases tend to me short-term.
  • Insurance costs are lower for renters because the renter only needs to insure the contents of the rental property and not the structure itself.
  • The cost to move in is lower. There may be no down payment and less deposits required.

For more information on apartments in apartments in West Columbia, SC, contact Abberly Village.

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mortgagecalculator.org


The Argument for Remaining a Renter – West Columbia, SC

Joseph Coupal - Thursday, September 29, 2016

A home purchase is a serious investment of your time and money, so if you're at all hesitant, it may be best to wait. Here are a few questions to ask yourself as you consider whether you're ready to leave your rental.

Are you enjoying the luxury amenities in your apartment community? It's far more common for apartment buildings to offer a variety of amenities and services -- from pools and gyms to package delivery and pickup -- than in previous decades. If you enjoy those amenities and would miss them living elsewhere, you might as well continue taking advantage of them.

They're not the kind of ratty apartment [that buyers are] coming out of where they're happy to be in a home. They're already in a pretty nice place now, and it's sometimes hard for them to find a home that has those features.

Are you ready to make a big investment? Purchasing a home is the biggest investment many people will make in their lifetime. If you're not ready to make such a significant decision, it may be best to remain a renter.

How long do you plan to stay in the next place you live? Investing in a home requires a few years to prove profitable. This gives you time to build equity in the home and for the property to appreciate in value.

A person in his or her 20s may be particularly apt to relocate for a variety of reasons: Career and romantic opportunities have pushed most people to relocate at least once or twice.

Will your home needs change in the next few years? Even if you're ready to settle in one place now, you should take your future needs into account. If you can see yourself starting a family within three years and wanting to live in the suburbs, the one-bedroom condo you can afford now may not be ideal.

For more information on renting apartments in West Columbia, SC, contact Abberly Village.

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Yahoo! Finance


Should You Buy or Rent After College? – West Columbia, SC

Joseph Coupal - Wednesday, September 21, 2016

With school finally over and a steady income coming in, it's tempting to put that money toward a house. However, buying a home isn't necessarily the best choice for all people. Unless you have a hefty down payment already saved up, and you plan to be in the same house for a while, renting may still be the better option.

Many think you're not building equity when you don't own a home.

But equity isn't everything. The cost of renting is more predictable. You're not on the hook for unexpected repairs, and you also don't have to dedicate as much time, or money, to such tasks as maintaining a lawn. In the meantime, you can be socking money away for a down payment on your dream home when the time is right.

How Long Will You Live in the House?

Experts agreed that if you'll stay in the same location for a very short time, renting makes more sense. Many feel that 5 years is a minimum to consider buying a house.

The length of time matters, in part, because buying or selling a home can be expensive. If you buy a home every few years, you'll incur those extra costs every time. A person should budget 10%-15% of the price of the house for closing costs and real estate commissions, plus miscellaneous expenses, such as buying new furnishings.

Staying in the house for a longer time also protects you somewhat from a potential downturn in the real estate market, during which the value of your house might be less than what you owe when you try to sell it.

Even if you know that you'll live in the area for many years, that's not the same thing as staying in the same house. "A lot of people, when they get a bump in salary, want a nicer house than what they could afford at first.

How Much Money Have You Saved?

People should wait to buy a house until they have a 20% down payment. With that amount, you won't be required to pay private mortgage insurance, which adds to the cost of your mortgage payment. Another advantage is that when you sell the house later on, the money that went toward the down payment can help you cover closing costs and any unexpected expenses associated with the sale.

How Much Debt Can You Afford to Take On?

Student loan debt is often the reason why it's hard to save up much of a down payment. If your student loans are at a high interest rate, it makes more sense to put money into loan payments while renting than to prioritize saving for a house.

When you are ready to buy banks will let you borrow more than you probably should. A loan should be no more than two to three times your annual income.

Ultimately, the best decision is an informed one that takes into consideration the multitude of factors unique to each person. By considering the issues discussed above, you can make the choice that's best for your situation.

For more information on apartments in West Columbia, SC contact Abberly Village.

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medscape.com


Should You Downsize in Retirement – West Columbia, SC

Joseph Coupal - Wednesday, September 14, 2016

One method for freeing home equity for other uses is to downsize your home as a part of moving. Downsizing could mean either moving to a smaller home, or moving into a similar-sized home in a less expensive community.

The arithmetic is fairly basic. If you’ve paid off your mortgage and live in a $300,000 home, and then sell it and move into a $200,000 home, then $100,000 of your home equity has been freed for other uses.

Another possibility is simply to sell your home and then rent an apartment. Renting frees up home equity and provides more optionality and flexibility to make more frequent moves before settling down.

When analyzing the decision to rent or buy, you’ll need to consider factors such as the loss of build-up in home equity and its subsequent growth (or loss) and savings on property taxes and other types of home maintenance.

As a part of downsizing, you could consider moving to an apartment community which may be less expensive because of the amenities offered and provide organized activities and social support.

For more information on apartments in West Columbia, SC, contact Abberly Village Apartments.

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Excerpts - Forbes



Abberly Village Apartment Homes

1000 Abberly Village Circle, West Columbia, SC 29169

Call: 866-933-5853
Email Usabberlyvillage017@myltsmail.com
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P