Abberly Village Apartment Homes

1000 Abberly Village Circle, West Columbia, SC 29169
Call: 833-334-9767 (803) 936-1012 Email UsAbberlyVillage.PropertySite.HHHunt@aptleasing.info View Map

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

West Columbia SC Apartments Blog

Should you Rent A Home?

Joseph Coupal - Friday, January 27, 2012

In today's real estate market it's not surprising if people are a bit gun shy about buying or owning a home. Some questions that potential homeowners are considering:

  • What if I can't afford my mortgage in the future?
  • What if my home loses so much value that I eventually owe more than it's worth?
  • What if I have to move in a few years and can't sell my home?

If you've ever asked yourself these questions about home ownership, it could be time for you to look into renting versus buying a home. Believe it or not, sometimes it makes more sense to rent an apartment in West Columbia, SC rather than own. Here are 3 tips to help you figure out which option—renting or buying—makes the most sense for you.

  • Evaluate whether you have a steady income to support paying a mortgage..
  • Make a time line of how long you plan to stay put. If you anticipate staying in a home for only one or two years, it is unlikely that you will see a significant financial return on your investment.
  • Crunch the numbers before making your decision. When buying a home, you have to take into consideration your mortgage payments as well as real estate taxes, insurance payments, and the maintenance costs. With renting, calculating month-to-month housing expenses is as easy as inquiring about the monthly rent and average utilities.

Bottom line: buying doesn't always make sense. For information on our apartment community in West Columbia, contact Abberly Village.

Original article - Home Goes Strong


Abberly Village Apartment Homes

1000 Abberly Village Circle, West Columbia, SC 29169

Call: 833-334-9767
Email UsAbberlyVillage.PropertySite.HHHunt@aptleasing.info
View Map

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

$952-$1,431