Monthly Archives: February 2020

Securing the Best Apartment Rental

When a young professional moves to a new area, the obvious need is a roof over their heads. But this is problematic, because many tenants will only take the first apartment rent that falls into their laps. Immoral landlords will take advantage of this naive tenant without the slightest remorse. Thus, tenants currently in the market must understand, be aware of a homeless deal while being able to recognize many good ones when they see it.

The apartment viewing and lease signing are when a tenant has the opportunity to take a peak around and get a feel for the apartment and landlord. The following are some of our best tips to stay on your guard and secure an apartment rental that both the tenant and landlord benefit from:

• Amenities – The first step in finding the ideal apartment rental is making sure that amenities are in the area. A water view apartment may seem like the ultimate in luxury residence, but if it is in the middle of nowhere than its value is severely compromised. Now, take a water view apartment that is a short walk from shopping districts or transportation hubs and the apartment rental becomes considerably more valuable.

• Expenses – Next, make sure that you sort out with the landlord all of the expenses and utilities. Each utility must be addressed in the first meeting and make sure that the utility agreements are reflected on the lease. Don’t be afraid to be inquisitive and try not to fall for traps. We’ve heard of an instance where a particularly brazen landlord promised to handle all gas payments; except the heater, boiler, and stove all ran on electricity. However, know to recognize a good deal when you see one. For utilities like cable and internet, ask to check how effective the signal is and don’t be coy about asking a neighbor for their experience with the utilities.

• Living Arrangements – Talk to the landlord about pets or roommates during the first meeting. Even if you don’t necessarily need a pet friendly rental yet, it is good to know the option is there. Also, if you have a roommate and do not take the proper steps before you move it, it can open a can of legal worms that may follow you; more on this below.

• Read the Contract – There is no rush to sign anything, no matter what a pushy landlord says. You will always have time to sit down and read a contract or lease BEFORE you sign it. Take your time and make sure you understand every bit of it. Remember too that, if you have a roommate, your landlord may include that you are “jointly and severally liable” for damages and rent. This means that if one of you cannot (or refuses to) pay rent, the responsibility can legally land on the other. It is best to handle these situations before they have a chance to arise.

If you follow our best tips for choosing apartment rentals, your luxurious place to stay will be within your reach. Find the right apartment, the right landlord, and the right deal; just a little knowledge and a smart eye you need!

Buying Or Remodeling a Home in Today’s Market – The Value of a Home Inspection – Home Inspections

Buying or remodeling a home? Both can be a pivotal part of a long-term, wealth-building strategy. As part of that strategy, getting a home inspection can help ensure the soundness of your investment, or at least alert you to potential issues you may want to address. It is exciting to find that perfect new home or to picture how the new addition is going to enhance your current home, but don’t let the excitement of the moment or the potential cost diminish the importance of getting a thorough home inspection.Home inspections are not free, but are they worth the money? In most markets and for a typical single-family home, you can probably expect to spend from $300 to $400 on an inspection. Yes, you can buy a home and skip the inspection altogether or even get your brother-in-law to look the house over for you, but given the price of buying or remodeling a home today, it’s probably penny wise and pound foolish. Consider paying a professional to do a professional job.A competent home inspector will, among other things, test the major systems in the home like the roof, HVAC, plumbing, etc., and provide you with a written report detailing his/her findings. Even if you accept the house “as is”, the inspection and the inspection report report will help you understand how to deal with any issues and help you properly maintain your new or remodeled home. In a best-case scenario on a purchase, you may be able to negotiate some or all of the repairs with the seller before you close. If you’re remodeling, a good inspection might reveal some problem area(s) that could easily be addressed during construction.Spending significant money on any home is a long-term investment, and a home inspection is no different. In the scheme of things and considering the potential cost(s) of not getting one done, a home inspection is money well-spent. Even in new construction, a home inspection can save you aggravation and maybe even save you money. Just because a municipal inspector passes something, doesn’t always mean it’s done right.How do you find an experienced, competent home inspector? One good way is to talk to local Realtors, friends, or maybe a neighbor who recently bought their home. Also look for some type of certification, like membership in the American Society of Home Inspectors (ASHI).