Housing is, without a doubt, one of the main assets that any person can possess. Owning a home is not only a right of every citizen, it also entails a series of duties and responsibilities that must be met. The costs of a home are one of the concepts that most concern the future tenants, both purchase and rental. In Sir Lender we know all this and that is why we have decided to create this article.
In recent years the well-known and feared crisis has shown signs of weakening, appearing the so-called green shoots in the financial and economic areas of the country. Although the real estate sector has been the main victim of the consequences of the aforementioned crisis, it is now a sector that is experiencing a moment of great prosperity and growth.
Both supply and demand in the real estate sector has increased progressively , reaching truly admirable shares. The year 2017 is presented as a turning point for this market, with forecasts of surpassing the numbers related to the purchase / sale of homes, in addition to the great upward trend for the rental market.
At this point one of the major concerns of future tenants is closely related to the cost of a home or the costs of maintaining a house . The doubt comes when trying to find the highest profitability in this aspect, because while there is a majority group that say that the acquisition costs of a home are much greater than those of a rental, another large part of consumers think that in the long term the Expenses for a rental home are much higher or cause more problems.
Having said that, we are going to try to break down the different types of expenses that involve both the purchase of a home and those related to those of rental housing.
Main expenses of a dwelling
Today, one of the great actions that directs the life of an individual is the decision to invest in the purchase of a home. This is a very important decision because it will influence a large part of the financial health of, in all likelihood, a good part of your life.
First of all, before worrying about the acquisition costs of a home , it is necessary to go through a period of reflection, analysis and search of the desired property. It is more than advisable to know what our needs, desires and expectations are in front of a house.
Once known the characteristics of the property that is desired, the next step is to know the prices of the real estate market, in order to have the certainty of the real value of the house. So taking into account these simple primary steps, it is time to control the main costs of a home in 2017:
In the event of unforeseen problems in a home, it is always possible to request an urgent loan, with good conditions that can help solve this type of problem.
On the other hand, the expenses derived from a rental house can be minor and give greater flexibility, but they have their own characteristics and conditions:
both the rental and the purchase housing provide a series of important and periodic expenses. While it is true that the costs of buying a home are much greater than those of a rental property, the generalized idea in today’s society considers that when buying a house we are acquiring a property, a property for the Although the economic obligation can be very long term, on the other hand the rent offers more flexibility and lower expenses, but at the end of the contract the owner can stop renting the house, starting from scratch again.
Depending on the desires and personal situations, it is important to carry out an important reflection, looking for the best possible housing option for each case.