Saturday, November 15, 2008

How to Find the Right Apartment


For people who are in the market for new places to live in, monthly rentals are surely one of their main concerns. Although you will not know what the actual rental rate of a certain apartment or condo unit would be until you call, you can really assess and gauge if it is within you budget depending on how long it remains vacant.

Some apartments for rent that are good and fair priced are bound to be immediately taken. But one thing you have to note is associating the actual apartment size with the asking rate. The lessors are bound to be open for negotiating the monthly rate but don’t expect it to be drawn down to levels that can match your budgeted rate for living.

Here are some tips on spotting crazy rental rates:

1. Assess the time it remains vacant. The longer it is, the expensive it is bound to be.
2. Survey the location. There has to be a reason why it takes some time for a place to be rented. It could be haunted or there may be issues such as constant flooding or even robberies.
3. Ask around and evaluate the neighborhood. When renting, you don’t have the privilege of security most of the time. Consider the people living in the area and on whether you can co-exist with them.
4. Check out the amenities. There are some lessors who do not take into consideration issues like plumbing or renovation. Some of these apartments have been up for some time and if they are not maintained, you may end up living in a minefield waiting for disaster to happen.
5. Do a Landlord Background Check. If you have the resources to check around on the lessors history, do so. It would be best to know the type of landlord you will be having.