So you’re looking for rental property?
Even though renting isn’t as complicated as when you are set to buy your new home, it is still good to be prepared for every step of the process so that you know what to expect and what needs to be done to successfully complete this process with a rented property-house, an apartment or a condo.
First of all, it is good to go through this process with a professional assistance, i.e. with real estate agent who will guide you through the process, offer you appropriate properties for rent and help you make the right choice. Just like Archid architects provide house plans, building plans and architectural designs, the agent is also trained to find the best rental solution for your needs. Professionals will not offer you unreliable or legally unacceptable rental property and will keep in mind through entire process what are your desires and needs. When you choose a real estate agent and agency, i.e. when you sign the contract with them to look for a rental property for you, you will tell them where you want to live, how large a rental property you need (with 1 bedroom or more, etc.), what amenities you would like to have, etc.
Once you sign contract with the real estate agency, you will need to fill out rental application and authorization for credit check. Every landlord wants to be sure that he will get reliable and financially capable tenant-nobody wants to rent to person that isn’t capable to pay the rent timely.
When you complete this step, your agent will start searching for the right rental property for your needs. Real estate agent will take into an account your financial abilities (i.e. how much you can afford for monthly rent) as well as some other factors: for example, how long you plan to lease as well as where you want to rent (in a school area, for example), or what type of rental property you want to lease: an apartment, a condo, a single family home. In this moment, it is also important to make sure that agent is aware of any special needs you have and demands you want for the rental property to satisfy.
In the end, when the right property for the lease has been found, you should fulfill application and sign the lease papers for the landlord. Before you go ahead and actually sign the papers, you should first check several important elements that will mean whole world for the pleasurable usage of the rental property afterwards.
First of all, you need to inspect the rental property to make sure that there are no pests or structural problems. Get inside, flush the toilets, check the switches, appliances, water pressure and hot water.
Communicate with other (previous and present) tenants to make sure that landlord is reliable and that rental property is in general safe. Area around the rental property (how well it is kept) will also give you a general idea about the rental property situation.