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17 September 2013

Affordable Renting Homes in US for NRI- New Approach Towards Buying Homes in US



Affordable renting is becoming more and more practically helpful new approach in US among NRIs.  US has  shown tremendous progress in terms of house constructions and with villas to duplex apartments , there is place for all luxury living here. But with the value of Dollar going up, and home prices shooting high in US a change for better coming up now as the rates of houses are increasing the new thought coming up is, is it worth purchasing a home?
There was a time when people used to dream of owning a home. This was the biggest and first dream every newly married couple would have, that is to have a roof over your head. Be it a one room kitchen, a two room kitchen or a two bedroom hall kitchen or a bigger flat, everyone just had to have a home of own.

Affordable Housing Renting in US
The west has been showing constant change in values and progress financially and as we all know buying a flat in the United States or any foreign country is so expensive people prefer staying on rent. There are so many advantages in this as they save on the commitment of a home loan and since the pressure of repayment is not there they can enjoy their income and save accordingly. And as the situation changes they can shift to another locality. Even in Mumbai the same trend is going on and as homes have become unaffordable in elite areas  and buying a home on home loan is becoming more and more of a dream unreachable.
Let us try to understand this new concept in home living. Since homes cost very high and your life's most precious years go in the tied down feeling when you are bound with the repayment of a huge home loan, people in the US are trying this new age mantra. The sum amount of a home price is too big and when you invest this sum you are assured of some income every month when invested in a good financial institution. 

Home Rates US

A good financial consultant or financial planner can help you to plan your life according to the finances available. Since the future is unpredictable people are getting scared to commit for say 15 to 20 years ahead with a home loan.
The policies are changing and the rules for lending and borrowing are changing constantly in the US and it is always understood that borrowers are always at the receiving end for any changes and they have to shell out the extra money to balance any changes in rules on loans.
So now people are accepting the way of living of the west. The culture of living in rented apartments is the latest trend going on and as many upper end companies offer good home rent it is also very easy and convenient. You save your precious finances that come into your home every month in form of monthly income and also an important part is that there is no burden of a  home loan   that  is hanging constantly over your head!


With renting people are free to choose the best locality near their work place offering posh luxury homes with fully furnished and having latest amenities on rent.
It does work out fine if you are not attached with the dream of owning a home. You save every month the amount that would go into your home loan and invest this amount in a fruitful venture or investment option.
so just enjoy! when your home owner increases the rent move on!

11 comments:

  1. Really it's a nice information.From my personal experience i know that if anyone going to a new city for short time he must have to find a rental home or apartment.And if you will find fortunately you have to deal with the transportation.Recently i got a job in Philadelphia and moved to their.I found a rental apartment but i faced many problems while going to office, shopping complex as you have to park your car at parking spot.And the place is lack of parking spots.Local residents have their own parking spots.And if you parked your car without knowing this your car will be towed.But at last i found Philadelphia Apartment For Business Urhomeinphilly. You will not believe it's a TV show winner.And the good thing is you can get a wheel when you need and they have their own parking spots at 20 places.And talking about the apartments they are so well furnished and brings a charm on to you.

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    Replies
    1. wow what a great place, rented apartments, Maxwell thanks for coming bu home loans simplified facts and sharing your personal experience here.
      Philadelphia is a nice place, and yes parking problems are the most important everywhere also finding a rented place with parking space is great ,All the Best!

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  2. Affordable rent is good for mid level people. I agree with you. Thanks for nice post. I also love the nice place.
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  3. Home Loans Simplified Facts welcomes you Johnb, Yes this place is so beautiful, loved it , thanks for posting this wonderful link for the readers of home loans simplified facts.
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  5. Thanks for your information. Here I would like to introduce most trusted Builders like Faith Inc property developers. Now providing Luxury Apartments in Bangalore

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  6. Thank you Kevin for coming by home loans simplified facts. Hope this link helps many readers about buying luxury apartments in Bangalore.
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