Friday, June 26, 2009

Finance and documents

Because the landlord wants to make sure you’re good with paying the monthly rent most of the times, you’ll most likely have to complete an application and pay for the application fees or for credit reports. Be prepared.
4. The renter’s resume.
Just like a CV for a job application, a renter’s resume should include all the information to make you stand out from other applicants and to convince the landlord that you’ll be a trustworthy tenant. Personal references, last addresses with landlord phone numbers, your monthly income or a copy of your credit report will make you look good on paper, which you need it.
5. What’s included?
It’s very important to know if the rent includes heating, water, electricity, cable or Internet connection but more important is to know what are the average utility bills in the building. Ask the landlord if you want to be make sure you won’t get crazy numbers on your bills.
6. Read before you sign

A common mistake we usually make is not to read a contract before we sign. Obtain a copy of any rules and regulations, make sure you go through everything and before you sign the lease, check to see if these are mentioned:
The beginning and the expiration date The rental price and information about your security deposit What are the reasons for which your landlord can terminate your lease contract Are there any penalties for moving out of your apartment before the expiration date? Are there any responsibilities on your head for repairs and such? Is subletting allowed ? See if you have to buy renters insurance, because it will increase you total cost Is there a policy about guest visitors?

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