Looking to rent your new home? Some useful tips to make your move a bit easier.
Research has shown that about 40% of Americans rent their home rather than but it outright. Here are a few helpful tips to make your decision easier, although you will be able to find much more advice at ForeclosureDeals.com.
Decide where you want to live
The very first thing you should be considering is the location of your new rental home. If you have school age children, then it might make sense to choose a home for rent that is within convenient traveling or walking distance of your child's new school. If you want your child to attend a particular school, then you may well have to live within the school's catchment area. If traveling to work is a priority, and you do not want the hassle of a long daily drive, then consideration might be given to the availability of public transport connections. You may be setting out on your own for the first time, but still want to be close to your parents' home so you'd like a rental home near them. Remember though that the more prestigious the neighborhood is, the higher the rents are likely to be.
What sort of amenities do you want your new home to have?
You should make a list of the sort of things you are looking for from your new home. Actually, you could make three lists - one of the must-have items, one of things you would prefer to have, and one of facilities you would like to have, but could live without. For instance you may be a keen swimmer; therefore a pool would probably be a must-have consideration. If you do a lot of entertaining then a dishwasher would be high on your list of must-haves. You might prefer to live in an apartment with a spectacular view, or one with gated parking. These would go onto your second list. Finally, your list of desirable things might be a balcony or patio. Armed with these lists, you are then prepared to visit real estate agents to see what homes for rent they have in their listings.
Check out the rental costs of the area you are moving to
If you look at the listings of homes for rent in your local newspaper or in real estate agents' offices, you will get a good idea of how much it will cost to rent a home in your chosen area. For example, in August 2006, the average rent for a studio apartment in South Beach Miami was $650, while a two-bedroom apartment was $1,250. Do not think that these prices are set in stone though. If you can demonstrate that you have been an excellent tenant in the past, then the landlord or property management company may well be willing to be open to negotiation about the rent and any deposit you will need to make. When you are looking to rent your new home wherever you are, be sure to count on ForeclosureDeals for rental assistance, housing and listing your properties.
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