When is it Better to Rent a Manufactured Home Than it is to Own?
Trying to find a new home is full of very important decisions to make and one of the biggest choices you’ll have to make is whether or not it would be better for you to rent or own your next home. Although there are lots of people out there who will try to say that owning a home is the way to go, there are some times when renting a home has some undeniable advantages!
Do You Have to Move Around a Lot?
While some people have jobs that make it possible for them to stay in one place for decades at a time, other jobs require a bit more flexibility to relocate. If you have a job that requires you to pack up and move every couple of years or so, renting a manufactured home would definitely be a better choice than owning. HomeFirst™ manufactured home communities have two-year site rental leases, so you could have an excellent place to call home while you’re in the area.
Are You New to the Area?
Purchasing a home is no small commitment. Since it’s such a big investment, most people don’t want to have to turn around and sell their home again right away. If you’ve never lived in a certain city before, wouldn’t it be nice to be able to fully experience the city before you decide to buy a home there? This is when renting is a perfect option. That way, you’ll have plenty of time to explore your new city and neighborhood so you won’t be stuck with a home in an area you don’t really like.
Would You Like to Improve Your Credit Score?
Many people decide to rent their homes because their credit score stands in the way of owning a home. Although it’s possible to own a manufactured home even if you have bad credit, many people like to rent manufactured homes to help improve their credit. When you rent a manufactured home in a HomeFirst™ community, you’ll have the option to pay your rent using a credit card. All you’ll have to do is pay off your credit card in full every month and it will be reflected on your credit report.
Do You Want Less Maintenance?
One of the biggest advantages to renting a home instead of owning one is that you have less to worry about in terms of home maintenance and repairs. If something breaks in a home you’re renting, your landlord is the one responsible for paying someone to come out and fix it for you. When you rent a home in a HomeFirst™ community, we have 24-hour on-site management so all you have to do is call your community’s maintenance supervisor and someone will be there to help! Wouldn’t it be nice to not have to worry about facing sudden bills for household repairs?
Whether you rent or own, it’s hard to go wrong living in a HomeFirst™ community. Not only will you have an extremely affordable home, you’ll be able to enjoy living in one of Michigan’s most sought after locations. Almost all of our amazing communities have manufactured homes to rent, so you’ll have plenty of options to choose from!