What’s Better When Relocating: Renting vs. Buying

Relocating can be such an exciting experience for most people. However, when it comes to renting vs. buying, this can be a tough decision to make. Moving to a new place means new beginnings and new opportunities – but it also means crucial decisions in life. There are several factors that may guide you towards renting or buying a property in your newest location.

Let’s discuss together some of the most important circumstances that usually impact the decision-making process of renting or buying a new property when relocating. 

Circumstances That May Influence Your Decision 

Personal Goals

Personal goals have a tremendous impact on determining whether you should rent or buy a property. Usually, when you relocate or move to another place, it’s because of one or many reasons that made you decide. Although every individual preference varies, here are some questions to consider during the decision-making process. 

  • Do you want to settle and put down roots somewhere?
  • Is buying the right thing to do when relocating?
  • Do you have sufficient down payment?
  • Should I keep saving for a larger down payment?
  • Am I ready to move twice?
  • Is buying my top option over renting?

Financial Stability

Buying a home is such a big investment and a successful step in life. However, you’ll need to determine if you’re ready to take this step when relocating. Looking for the property you want can be time-consuming. Still, what matters the most is knowing that you have the down payment and income stability for the property you’re looking for. 

Having a stable income, good credit, knowing your debt-to-income ratio, and last but not least, having adequate savings for a down payment are important factors that will guide you on your decision.  

Level of Commitment

In this case, your level of commitment should help you make the best decision, whether to buy or rent. First, determine your reasons for relocating. If you moved to another new city for a job, consider if you’ll be able to live in that place based on your interests. If you’re living there for a few years, definitely renting would be the very best option for you.

Learning about the place you’re moving to is a great step to determine whether you’re interested in buying a property or just renting for some time. So, if you don’t have any idea of the place you’re moving to, renting may be the best option.

Emotional Stability

When relocating, it’s common to experience both positive and negative emotions during the process. What can be just exciting for some people may be stressful for others. From packing everything and saying goodbye to your whole life in that place, you should take into consideration if you can take more pressure on yourself when buying a property.

Buying a new home takes so much effort and dedication as you’re making such a big investment. If you consider you won’t have the time and energy needed to buy a new property, then renting could be the best option for you. 

Let Professional and Reliable Fayetteville Movers Assist You

No matter the decision you make, whether it is buying a new home or just renting, you’ll need professional and reliable moving services in Fayetteville. At Legacy Transit Lines, we are your best choice when it comes to Fayetteville movers. Our superior full slate of moving services will ensure to handle your moving process from start to finish and provide you with the best overall experience. 

Don’t hesitate and learn more about our professional moving services in Fayetteville. We will take care of your belongings just as you do!

GET IN TOUCH WITH US

Response to the Covid-19 virus

**Important Notice**

Dear Valued Customers,

Legacy Transit Lines continues to operate normally as we adapt to the changes we are experiencing daily. We will keep our customers informed if we, as a business, make any changes to our routine.

As our team at Legacy Transit Lines monitor the updates, we are choosing to work with and follow guidance from the authorities.

We want to do our part in minimizing the impact and spread of the Covid-19 virus to other businesses and communities we serve. This is our approach.

Safety:

For our smaller moves, we are taking pertinent information over the phone. We ask our customers to be as prepared as they can be when calling for an estimate. We always strive to be thorough in providing estimates for our customers, this will not change however it may present challenges. We thank you in advance for your patience.

Team Member check in:

Each of our team members are following our instruction of notifying us if they or a family member is experiencing symptoms of the Covid-19 virus. They will only be allowed to return to work after being cleared by medical professionals.

Wellness Checks:

Approximately two days before your scheduled move, someone from our office will contact you via telephone to perform a wellness check.

Trucks and equipment:

All high touch surfaces are cleaned before and after each job, this incudes door handles and steering wheels.

Social Distancing:

Upon arrival at our customer’s homes or offices, our team is practicing the 6 foot social distancing between team members and customer, when possible. There may be occasions when this is not possible due to the nature of your belongings and home.

We have always practiced professionalism and respect by using an introductory handshake. However, during the Covid-19 period, for safety purposes, we will not use handshakes.

We will ask customers to allow for increased air circulation by opening windows and doorways, when possible.

As always, our customer’s health and safety is our primary concern. We will continue to practice WHO (World Health Organization), local, and federal guidelines to avoid exposure and spread of the Covid-19 virus.

We want to thank you again for your patience while we navigate these new challenges. If you would like additional information, please contact us at: 479-871-1868 or info@legacytransitlines.com. Our office hours are 8am CT to 5pm CT, Monday through Saturday, and 9am CT to 1pm CT, Sunday.

Sincerely,

Mario & Tammy Cunningham

&

The Legacy Transit Lines Team