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Old Mill Townhomes Blog


Renting in Retirement

- Monday, January 21, 2013

Older homeowners are often urged to sell their larger homes and buy a smaller one. But for some, it might make more sense to rent, said Jeff Brown at The Street. "Clearly, this goes against the grain." But renting requires less cash up front than a purchase, which is appealing if you have "a special need" for extra cash or a "juicy investment opportunity." Renting also gives you flexibility as you age, allowing you freedom from maintenance and yard work.

Renting apartments in Lynchburg, Va gives you the financial freedom to invest money from your home sale. Renting also gives you more free time to enjoy your retirement while landlord and apartment management companies mow the lawn and maintain your home.

Old Mill Town Homes also provides you with entertainment in the form of a swimming pool, fitness center, recreational area, and close proximity to nightlife in downtown Lynchburg.

For more information, contact Old Mill.

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