Why to Choose a Senior Rental vs. a Buy-In

September 6, 2018

When it comes time to seeking an independent living community, there are many factors to take into consideration. One of the most important is whether you will choose to rent or buy into a community. The are many benefits of renting from a senior living community, including flexibility, increased financial freedom, and appealing amenities that come included in your monthly rent. Read on for details about why renting could be a viable option for you!

Flexibility

Who doesn’t like to have options? One of the most appealing benefits of renting from an independent living community is that it gives you the flexibility and freedom to live life how you want, without a cumbersome financial burden. Here at Aviva, we have residents who love to take advantage of this every year. It’s not uncommon for some residents to spend part of the year with us here in a seasonal rental, and the rest elsewhere enjoying time with their families.

When you rent from a senior living community, it also helps alleviate the stress associated with leaving your home behind. If you’re going on holiday, the staff at your rental community will be there to ensure your home is safe when you get back.

Reduced Financial Stress

When you choose a senior rental over a buy-in there is a significantly smaller investment required. The typical up-front cost associated with buying a home in an independent living community can be hefty and can often wipe out a large sum of an individual’s retirement savings.

Financial stress is a leading cause of anxiety and depression in seniors and choosing to rent can be a great way to alleviate this stress. Seniors are living longer and healthier lives, so it’s important to budget your money to last!

Amenities Galore

One of the best things about renting from a senior living community are the amenities included in your monthly rent! If you hate dealing with things like cleaning, cooking, driving, or even replacing lightbulbs (as most of us do), then renting could be an attractive option for you.

In most senior living communities, these resort-style amenities are included in your monthly rent; giving you time to get back to doing what you love! Gym access, swimming pool privileges, and clubs are all usually some fun features you can enjoy as part of your monthly rent too!

When the time comes to choose between senior living rental or a buy-in, be sure to remember these three benefits of renting. The flexibility, reduced financial stress and inclusive pricing are some appealing advantages that can come along with renting your next home. If you are looking for an independent living rental in Sarasota, experience all of the possibilities of Aviva!

Experience all the possibilities that Aviva has to offer. Contact us today!

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