To Rent Or To Buy, That Is The Question!

 When it comes to moving into a bungalow township Kolkata you are faced with the choice of whether to rent or to buy. Nowadays it is not as easy as it once was to buy your own home. It can take a while of renting to save the money you need or to work up into a position at your job where you are earning enough. Then there are outside obstacles such as when the market is not in a good place to buy or when there are not enough properties to buy to go around. It is a big decision and with everything else impacting it, you will want to make the right choice. There are some people who are very pro buying a home and there are people who are very pro renting. Here is an overview of each option.

What renting means

Here is a look at just four of the benefits to remaining a renter rather than looking for bungalows Kolkata to buy.

  1. When you are not settled on the location but need to be there for a short term, then you might choose to rent over buying. That way there are no issues with selling the home when you do then move on to another location and having to deal with all that complication of being a part of a chain of buyers.
  2. Sometimes when you rent you get some of the bills or extras paid for. You can find apartments where the heating is paid for, or where some of the utilities are included. This can help save you money which can add up over the years to a very good saving.
  3. When there are issues with the property, fixtures, lighting, plumbing, appliances and so on, then it is the landlord’s job to handle those issues, organise their repair and pay for those repairs, not yours.
  4. If you are renting a property that comes with some outside space, then the care of that space may also not be your responsibility. They will mow the lawn for you in the warmer months and take care of the outside of the property in general.

What buying a bungalow means

Here is a look at just three of the benefits of becoming a buyer and looking at bungalow township Kolkata to buy.

  1. When you own your own home there are certain tax breaks especially if it is a historical one.
  2. Rather than having to pay your rent, and that money then being gone. When you own your home that mortgage payment is one more step to owning the property outright. One day you will not have to pay anymore and then you are saving even more.
  3. Choosing to buy bungalows Kolkata means you do not have to follow any limits or restrictions a landlord might place on you. You can paint the colours you want, hang pictures where you want, make additions, knock through walls and so on.

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