The place we live is one of the most important facets of our lives. No matter what type of budget you have, your home should be a place that resembles you and makes you feel safe, comfortable and at ease. A luxury apartment that offers long term corporate housing can make you feel right at home with a beautiful apartment complete with all the amenities you desire.
Renting From Long Term Corporate Housing
It is estimated that around 45 million people move each year on average. Sometimes it is necessary for a person to move frequently, often for work or military purposes. Most leases within luxury apartment communities require a lease with a minimum of only 12 months, so if you are required to move often, then renting is likely a more desirable option in comparison to owning.
With the right apartment community, renting a place can be just as rewarding as owning your own home. There is also a benefit of having residential property management that will take care of all your needs as far as inside repairs and outside maintenance so you don’t have to worry about finding a way to fix and care for everything yourself.
Renting can even be more cost effective than owning a home. The New York Times ran a survey and released a graph that shows that a down payment for a house is typically a minimum of 5% of the home’s value. However, landlords for long term corporate housing require a rental deposit of only the amount of one month’s rent, saving you money on your living quarters.
Protecting Your Home
With all the accidents and tragedies that can happen to a person’s home, it is always a good idea to ensure you have protection against them. Renter’s insurance can save you when a tragedy such as a fire or a flood strike. The insurance company will take care of your belongings and help to replace them as well as help set you up with a temporary home while you wait for yours to be repaired. According to the Independent Insurance Agents and Brokers of America, it only costs $12 a month on average to obtain renter’s insurance. The cost of replacing and repairing damage to your home would be much more expensive. Homeowner’s insurance will also help to protect your family’s home if something happens, and typically costs between $25 and $80 a month. This is substantially less than it would take to cover the damages on your own without the insurance.