For some families, renting is the best solution. You may not be ready economically or emotionally to own. Some people consider renting a temporary way to live until they are more settled in a job or family. Renting can mean benefits such as:

• Moving is easy (you can move within a short time)

• Amenities may be available (pool, tennis courts, social/activity rooms, laundry facilities, security for apartment renters)

• You have few responsibilities

• Maintenance and repairs are handled by the owner

• There is no large down payment, only a security deposit

• Some monthly expenditures (rent) are fixed making it easier to budget

• There is no chance for financial loss of investment

• There is a sense of security from nearby neighbors

• You can look over the community and move again

• Moving-in costs are low

• It is easier if you travel a lot, either for your job or pleasure