Tired of landlords, inspections and all sorts of regulations? Then its time you leave the rent trap and buy a house. Easier said than done, but the pro’s seem to always outweigh the cons when it comes to property investments. Its always best to seek advice and do your research of what works best for you and your property related requirements.
That is why we have listed our top 5 reasons why owning a property is the way to go, and if you still require more information to help you make those life changing decisions, our team at Sydney Property Valuers Metro are here to help. We ensure to tailor a service best suited to your property purpose.
Our Top 5 Advantages:
- With a rental there are certain limitations when it comes to decorating and styling the property, but when you own your own home, let your creative juices flow. Owning your own property gives you a chance to make it more homely and creating spaces that suit your lifestyle and aesthetic. And there’s no arguing with landlords if you decide to paint a wall bright green!
- Home improvements or upgrades are up to you, if there’s a leaky roof or plumbing problem its up to you to get this fixed at your own time, but with renting its getting the landlord involved and it could be a waiting game to chase up certain areas of concern that reflect on the landlord to fix and not you as the tenant.
- Having control over your own appliances when you own your own property, not having to worry about neighbours and sharing facilities as some rental units have laundry facilities that are shared.
- With renting you have the worry about ever changing bill’s, or the landlord raising the rent due to tax rises, you may be paying $400 now but eventually landlords slowly increase every year. Instead with your own property you’ll be saving money, owning your own property, gives you the piece of mind that the decisions and upkeep of the property are up to you.
- Owning a property, if you decide to move and sell up, you can at any point, with renting a property with a fixed lease agreement if you decide to leave early there are break fee costs, or if the landlord decides to put the rent up in 6 months or decides they want to sell the property, this leaves you in limbo of trying to find a new place etc.
Property will be one of the biggest assets you will own so its important you make the right decision that’s best suited to what you require in a property as well as something that suits your lifestyle, renting might be the best option for you at this stage but its always good to have the extra information and understanding of where you might stand financially and if owning a home is the better option even if you thought it wasn’t at this stage.
Our team are highly qualified in their specialised field of residential property, call us today to see how we can help you with a tailored property valuation report Sydney, suited to your requirements.