To Rent Or Buy In a New City

You're officially making the big move from one city to another. Maybe you've landed a new job or have decided you want to travel to North Carolina and live a life near the mountains, the beach or our lakes.  

All your bags are packed, you've said goodbye to friends and family and you're ready to hit the road to  which you will soon call home. 

One of the biggest decisions you will come across is whether you should rent or buy. 

Regardless of what your decide, Carolina Living Real Estate or Carolina Living Property Management can help. Here are a couple of reasons why renting is better than buying for the first couple of years living in a new city. 

 It takes time to learn all about our area. Winston Salem, Lake Norman or Charlotte are all different in what they have to offer and there are numerous  public schools systems and  and numerous private schools. 

Within the first month, you may be completely in love with the area you have first selected. It's easy to be blinded by the excitement of living in a new place because it's all brand new to you. After living here a few months, things could change. You could end up hating the area that you are living in. (We doubt it -:) )  

If you were renting, it would be much easier to move to a different neighborhood than if you were tied into making monthly payments on a mortgage for a house. A lot can change in a year. You could end up hating your new job. 

What if your old boss wanted to hire you back? It would be easier to move back home for your old job if you were only renting a place for a year versus if you had purchased a home. 

If you had bought a house, you would most likely be coughing up your own money to pay off your mortgage and pay for closings costs because your home had not increased in value in such a short amount of time. 

 All in all, while we believe you are going to love the areas we serve. Possibly renting, will give you the piece of mind you need.  

Regardless, we, at Carolina Living are here to assist you with finding the home you want and need.