To have own housing or renting to house? This is a frequent question that many people ask do to themselves, when they want to be independent, or when they want to have their own space.
To buy a house is the goal of many people, however, being a major investment that is obtained long-term, first it is necessarily have a financial planning considering the amount that us required for the acquisition of the property.
To buy a house is a long-term choice and the rent is obtained to short and medium term.
To take the decision on if to buy or to rent a house, it can become complicated, especially when many people say that “to rent a house is to throw the money”, but are the prices of the housing and the costs of mortgage loans, they are those that lead to a person to decide on the rent.
Important points that indicate that it is not a moment to buy yet:
- The level of income is low to pay a mortgage.
- You have very high fixed costs.
- The company where you work has a moment of instability.
For those persons who don’t know how long time they want to stay in a certain city, either because they constantly change jobs or simply they want to change city, then renting a house it is the best option.
Advantages to rent a house
- You can rent to short or medium term without investing a lot of money, the rents are cheaper than monthly payments.
- You can live in a place without having to pay property and serious problems, such as the electrical installation, they are a matter of the owner.
- The procedures that must be realized are minimal, the majority is realized by the owner.
- Both tenant and owner have tax benefits.
When to decide for rent a house, you must sign a contract in which it is necessary to stipulate the following:
- Names of the lessor and tenant.
- Location of the property.
- Detailed description of the property, the facilities and accessories with account for the use and possession of the same one, as well as the state they keep.
- The amount of the rent.
- The guarantee, in case of having it.
- Express mention of the housing destination of the leased property.
- The term of the contract, is usually it is one year.
*In the contract there must be specified the conditions in which the property is located, as well as the condition of the windows, doors, electrical installation, besides the additional services such as telephone, parking, among others.
Legal and Accounting Consulting in Playa del Carmen
