To keep costs down before committing to a mortgage, consider renting a house.

Consider renting a house similar to borrowing a book from the library. The house should be ready for you when you move in and should be returned in the same condition as you found it.

If facing a temporary job or extended business stay then renting a house is an ideal way to avoid the expense and confinement of a hotel room.

A drawback to renting a house is that you are usually stuck with any decisions made by the landlord.

When renting out your house take time to research rents in the area.

Be aware that renting a house will not give you a license to do as you please. You must comply with your tenancy agreement.

A tenancy agreement is signed when renting a house and is a binding contract between you and the landlord.

Although a bit more expensive than a mortgage renting a house is a very feasible option.

Many rental houses are bought in areas that have a consistent supply of tenants and are rented out for much more than the cost of the mortgage.

Before you rent a house make sure that your insurance covers your house as a rental.