The term "temporary housing" refers to furnished rentals that are used for short-term stays—usually a week to months long. Some people use the term "corporate housing" instead, but they mean the same thing.
There are many situations that could come up in your life that would cause you to look for temporary housing options. These rentals are a great solution when you are in temporary need of a comfortable place to live. They typically have a lot fewer documentation requirements and paperwork compared to traditional rentals as well.
1. Selling your home
There are times when it's important to sell your home as soon as you can. This may be due to a lot of things, like a predictable dip in prices in your housing market, or some sudden financial difficulties you're facing. Regardless of the reason, you'll need to find a new place to stay immediately.
Some people like to move out of their homes right away when they decide to sell, and finding immediate long-term housing isn't always possible. Other people are still in the process of purchasing a home after their home sells, and they need a place to stay in the meantime. These are both scenarios where it makes sense to take advantage of temporary housing.
2. Moving to a new area
Relocating to a faraway place is a difficult process. If you don't already have a job lined up, how are you supposed to qualify for a house or an apartment? Luckily, temporary housing rentals don't have the same income requirements as long-term rentals do. In fact, it's typically a similar process to booking a hotel room.
3. Business travel
Does your business or job require you to travel for long periods of time? Wouldn't you prefer to have your own furnished apartment when you travel rather than staying at the same old hotel chains?
Business travelers are prime candidates for corporate housing as that's where the term comes from. People who were traveling for work-related reasons needed proper places to stay during longer trips, and thus, the temporary housing market was born.
4. Long-stay vacation
If you're planning a vacation that will last longer than a few days, a temporary housing rental would probably be a better option for you than a hotel. It's like having a home away from home, and you will likely have a lot more space as well. You'll also benefit from having a full kitchen and separate bedrooms.
Contact a facility that offers temporary housing to learn more.