Why it is best to renew your lease as opposed to moving

If you’re uncertain whether you want to renew your lease, it’s important to carefully consider the many variables involved. There are many important reasons to move to a new home, like a new job or family obligations. But moving is costly – in terms of both money and stress. A seemingly inexpensive rental might become pricey once you factor in deposits, applications, moving fees, and other expenses. Be sure to consider all of these factors before making a final decision.

Here are the primary factors to think about when deciding whether to renew your current lease:

  • The moving process – Ask anyone who has gone through a move recently: it’s not very much fun. Whether you’re shelling out for the help of a moving company, or handling it all yourself, it’s stressful and time-consuming to uproot your life – especially if you don’t have an important reason to do so.
  • Expenses – Even if your prospective home has lower rent than your current one, there are other financial considerations to make. There is the money associated with the moving process, first off. But you must also consider the fees that are associated with signing a new lease: application fees, security deposits, pet fees, etc.
  • Your relationship to your community – Once you’ve lived somewhere for a significant period of time, you’ve likely developed relationships with your neighbors and building supervisors. Your landlord’s offer for a lease renewal is evidence of that. It will take time to develop those relationships elsewhere.

You might consider all of these factors and decide that moving is still the right choice for you, but you may instead realize that renewing your lease is a better choice for your situation.  Regardless, it is valuable to consider all of these factors and their impact on you and your family. No matter what you choose to do, however, you’ll always be welcome with us.

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Oak Creek VIllage Apartments

With the convenience of the city just moments away, you can enjoy the serenity of countryside living at Oak Creek Village apartments in Durham, NC. Our community is located minutes away from Duke University, UNC Chapel Hill, local eateries, and retail shops. Oak Creek offers easy access to major transportation arteries such as 15-501, I-40 and I-85.

Our spacious one, two, and three bedroom Durham apartments for rent feature stylish interiors with fully equipped kitchens, generous storage closets and pantries, open floor plans and so much more.

Just steps from your door you will find a refreshing swimming pool with sun-drenched pool deck, picnic area with grills, and an impressive clubhouse with resident business center and fitness facility. Our professional management team provides excellent service to make you as comfortable and happy as possible.

Live the experience that is Oak Creek Village apartments in Durham, NC. Call today to schedule an appointment!