When renting a home, don’t settle for the first place that comes along. A variety of important details should be analyzed prior to signing a lease. By doing this, you can be sure that your new home will be truly comfortable and convenient.
1. Location
Take into consideration the proximity of the rental property to your place of work or to your child’s school. Also, find out about the neighborhood where you may live. Is it safe? Is it situated on a busy road? Is it far from your family and friends? You will want to find a place that meets the needs of all members of your family.
2. Price
Although many beautiful homes are available to rent, make sure that you can really afford the rental property you will live in. Experts recommend that the rent be no more than 30% of your take home salary.
3. Closely Examine the Rental Property
While you may fall in love with a rental property immediately, but stop to consider the amenities in the home. Find out what appliances are included in the rent such as a stove, refrigerator and washing machine. In an apartment, take note of how many walls are shared with other apartments. This will affect how much noise you will hear in the apartment. Also, point out any damage you may notice in the home and find out if these things will be fixed. This way you cannot be blamed for causing the damage when you decide to find a new home later on.
4. Carefully Read the Lease
Before signing, find out how long of a lease is required and how much deposit is necessary before moving into the rental property. Also, find out what services are included, such as internet and trash pickup.
5. Rental Insurance
The final factor to note once in your new place is rental insurance. Taking out rental insurance will protect your personal property in case of theft, fire and other damage.
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