Do you know the most common reason people don't want to buy a home? They'd rather rent. Do you rent? You will definitely want to follow me on this post.
Renting is easy? right? you just fill out the application, hand over the deposit, view the apartment, pay a little extra for a credit check. Done. Over. You got the keys. Much easier than buying a home.
As you know when you buy a home you've got to: get inspections(if you're wise) review lots of legal documents(will probably need an attorney, if you're wise), get all your bills and personal documents together over at least the last 6 months, fill out papers about every aspect of your life(your employment, credit history, residential history, auto, children, bills, assets, liabilities).
Well guess what? the same process has now arrived in the Rental world. We can look to a recent article in the New York Times. So look for this in your area soon if not already.
The lesson: If you're going to rent why not considering buying? The process is the same. Something to think about...
Click here to read the New York Times Article.
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