Abberly Green Blog

While driving in my car the other day, I heard a radio commercial for a really popular home builder in this area.  As someone who has rented an apartment, owned a home, and had a father who constantly taught fiscal responsibility, I tend to see the flip side of any type of new and exciting financial obligation (such as buying a home or car).  This particular commercial touted that you could own a home for just as much as you pay in rent.

This is almost always a misleading statement and I really can’t believe that builders and sometimes realtors can tell people this with a straight face.

First of all
The monthly mortgage that they typically advertise does not include property taxes and insurance.

Secondly
Renting an apartment does not include HOA fees which can be anywhere between $50 -$300 per month, depending on the neighborhood.

Thirdly 
Most importantly, the advertised monthly price does not include the yearly maintenance, which is usually 1% of the home value per year, nor the decorating costs.

Obviously, you don’t have any of these costs when you are renting an apartment home at our community.   I know that many of you have owned a home and understand the financial responsibility of home ownership.

For those who haven’t, keep this information in mind when listening to one of those commercials!  There are many other peripheral benefits to renting but the choice is always yours.

Thank you to all who attended our Community Watch Meeting!  In order to start a Community Watch Program here at Abberly Green, we need volunteer block captains for each building.  If you are interested, please call the Abberly Green office at 704.799.7417.  For anyone who could not make it to the meeting, here are some of the tips that Captain Davis from the Mooresville Police department suggested:

 Items of value should NEVER be left in your vehicle. 

Never leave your vehicle unlocked. 

If you have one, use your alarm system.   

Be aware of your surroundings at all times, especially when walking between your vehicle and your apartment.

Please report any suspicious activity to the police and management office immediately.       

Make certain that your renter’s insurance and your auto insurance are current.

A big “Thank You”  those of you who attended our Community Watch meeting last Wednesday!

We are now looking for Block Captain volunteers.  If you are interested please contact the office.