Abberly Green Apartments November 2012 Newsletter

Water Billing Change

Dear Residents,

In May 2012, YES Energy Management, Inc., a wholly owned subsidiary of Yardi Systems, Inc., acquired ista Multifamily Inc. With the acquisition, YES Energy Management became one of the largest providers of utility billing and energy management services in the United States.

What does this change mean for you?

Your account numbers and billing information remains the same. However, over the next couple months you will start to see the YES name replacing ista Multifamily on our websites, billing statements and other correspondence.

Your next monthly billing invoice will have the YES Energy Management logo as seen above. Please do not disregard the invoice. Upon receiving your first invoice from YES Energy Management, you must continue to make payments as per the terms of your lease agreement and the instructions on your invoice. If you have questions, please call the customer service phone number on your bill.

ista Multifamily Service Group

Abberly Green Business Center:

We have recently added a fax line to the Copier/Printer in the business center. So if you need to fax anything you can now do so in there 24 hours a day!

Holiday Checklist

Before you know it the Holidays will be upon us!

Here are some helpful hints from the Abberly Green Team. Make sure your holiday goes smoothly by checking:

  • Stove Burners
  • Oven
  • Broiler
  • Microwave
  • Dishwasher
  • Garbage Disposal
  • Kitchen and Bathroom Drains
  • Anything else that you don’t use often that a guest may need!

Please check the above items by November 16th and place any service requests to ensure that our service team will have plenty of time to take care of any items that need to be repaired and order any parts if necessary.

Most importantly, we wish all of our residents a safe and happy holiday season!

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For more information about what’s going on at Abberly Green and in your community:

Office Will Be Closed

Our office will be closed Thursday, November 22 and Friday, November 23. We will reopen on Saturday, November 24 with our normal hours of operation. Should you have any maintenance emergency please call our 24 hour emergency maintenance line at 704-684-0737.

Not Everyone is Ready for Homeownership

With housing prices still low many renters are feeling the pressure to finally buy their first homes. But making the transition from renting to owning is a big change, and not everyone is ready for it.

Here are some tips that will help you decide if you should rent or buy.

When Will You Break Even

Many believe that without rent, you can start building equity in your own property. But don’t expect that investment to start paying off right away. With a down payment, property taxes, insurance and your monthly mortgage payment, expect the five to ten years to put a bite on your finances.

So when does home ownership start to pay off? There are a number of factors at play here, but on average, you’re likely going to break even in 5 or 10 years. In markets with high housing prices, the break-even point can be pushed back to a decade or more.

Learning to Live With Less

Homes are an investment that could pay for itself in 5 to 10 years. However, between the property taxes and monthly mortgage payment, as well as home maintenance fees, the amount you spend on housing each month can rise dramatically, and it may cause a major lifestyle shift for new homeowners. Even with tax benefits that allow you to write off mortgage interest costs, the first several years are going to be lean -- a change that many new homeowners aren’t prepared for.

Before you make the leap, there are a few questions you should ask yourself. Are you planning on staying put for several years? Are you prepared to cut back on luxuries like vacations and eating out? Are you willing to take on the risk that housing values can decrease further?

Taking Care of the House

Making your monthly mortgage payment is only one part of the equation when it comes to owning your own place. Without a landlord to handle repairs, it’s now up to you to tackle the day-to-day maintenance issues that are sure to crop up. As a renter, you can solve most problems with a phone call, but as a homeowner, be prepared to give up a Saturday in order to clean the gutters, or to dip into your savings to hire a plumber.

Interested in renting an apartment in Mooresville, NC, contact Abberly Green Apartment Homes.