That “things break down” is a truism as old as mankind—possibly preceding the invention of language itself. You can picture a furious caveman staring at the shattered remains of the wheel he’d just invented—after the first time it broke. Sooner or later, “things fall apart.”
When area residents mull over their personal living arrangement decisions, one of the logical financial arguments for renting a South Forsyth County home rather than buying is the added cost of maintenance. South Forsyth County renters reason that they don’t have to worry about saving up for a rainy day (as when the garbage disposal clunks out). For renters, it’s someone else’s problem (that is, it’s the landlord’s)—as well as his or her expense. True enough.
But looking at the wider picture and you’ll see that the universal ‘no free lunch’ rule applies. The landlord doesn’t really pay for the new garbage disposal except in the short run. Built into every rental agreement is a monthly charge that covers the maintenance expense for the home or apartment unit. It’s already been included, and the tenant is paying it. The average rates that residences experience breakdowns or require normal maintenance are well known—and the monthly pro-rated amounts have been determined and included.
It is true that the inconvenience (and sometimes, shock!) of having to pay for a sudden appliance breakdown is largely avoided by South Forsyth County renters, who may put a great deal of value on that advantage. But South Forsyth County homeowners have more than one way to minimize the financial distress of inevitable breakdowns. They can either put something away in a rainy day account for that purpose only, or they can sign up for any of a number of home service warranty plans.
The decision of whether to rent or buy your South Forsyth County residence is one of the most highly personal choices there is—and one that can change from year to year. The best South Forsyth County real estate decisions are made after taking all the trade-offs into account—which is one way I help my clients.
Call me for a no-obligation conversation about your current situation—and South Forsyth County’s many current alternatives!
This Cumming GA Real Estate blog is hosted by Gayle Barton of BERKSHIRE HATHAWAY HomeServices Georgia Properties.
I specialize in Real Estate sales in the following Forsyth County and North Fulton County cities: Cumming, Suwanee, Alpharetta, Milton and Johns Creek. Other north metro-Atlanta suburbs are serviced by request, so please call.
Gayle Barton Forsyth County Real Estate | Cumming GA Real Estate | Mountain Crest Homes For Sale
Gayle Barton Cumming GA Real Estate | Forsyth County Real Estate