When you sign an apartment lease on the dotted line, you are probably excited and think nothing of complying with the terms of the contract. That said, one of the most commonly broken lease rules is an early termination of the lease. With so many people moving come Spring, some renters will be breaking their leases (or considering it) to set their sights on a new home. Here are a few things you need to know before breaking a lease. This includes the ramifications of your decision so that you understand what’s outlined in the lease should you decide to terminate early.Knowing Your Options Before Breaking Your Current Lease
From a landlord’s point of view, the [...]
When we finally decide to find a place of our own, we’re often excited about the opportunities created by a new home. Shopping for furniture, deciding where to put your favorite art and nick-knacks, and exploring new restaurants and stores are all part of the thrill when looking for a new place to live. However, one aspect of your new home is typically considered at best a nuisance and at worst a source of extreme anxiety and stress — your lease or rental agreement. But don’t let this packet of papers scare you and certainly don’t just turn to the last page to sign it… There’s important information in there that you’ll want to know about before [...]
When most people think of renting, their thoughts typically turn to large apartment complexes of units all stacked up and ready to occupy. And while this “big box store” approach to apartments certainly has its advantages (offering amenities like a clubhouse and laundry), renters have an opportunity to really stretch their comfort levels when looking for an ideal place to meet their housing needs. One of the biggest advantages to renting is that your commitment tends to be lower, in terms of both finances and time. You’ll have less riding on making the “perfect” choice. If a rental isn’t ideal, you’ll [...]
Airbnb has revolutionized the way people live when they are away from home, giving everyone an alternative to hit-or-miss hospitality industry mainstays like hotels, motels, and hostels. Travelers can now choose from a variety of unique and comfortable places to stay all around the world with the click of a button. Airbnb has made this process so easy for people looking for a place to stay, giving them access to reviews left by previous guests and photos of the spaces in question, while also allowing customers to filter their search results according to a number of different criteria so that they can find a rental of the right size [...]
Renting an apartment or house has always been a popular alternative to home ownership for couples, singles, and college students, and the popularity of renting continues to grow as a viable option to affordable housing. But just because you’re renting, doesn’t mean you can’t make the space your own. Most rentals allow a fair bit of self-expression — just be sure to check with your landlord before embarking on any permanent changes.
If it’s a cosmetic change that you can (and will) remove yourself when you vacate, its probably okay. These include hanging posters, changing the window coverings, adding throw rugs, and accessorizing your furniture. But [...]
If you have a winter cabin, you may want to rent it out. There are many advantages. Many people rent their vacation property for additional income. Renting your cabin can also ensure that it doesn’t go uninhabited for months.
There are, however, many considerations to keep in mind as you prepare to rent out and market a winter cabin. Here are eight to think about.Renting It Out Decide Who Will Clean and Maintain
A vacation rental needs to be spotlessly clean and kept in tip-top shape. You need to decide who will do the cleaning and maintenance. If you live close, will you or family members do it? If not, you’ll need to engage cleaning and [...]
Rent-to-own is an alternative to the traditional agreement between home buyers and sellers. Typically, a buyer presents an offer. Once accepted, the payment, settlement, and new ownership takes place. Lease-to-own, or ‘rent-to-own’, does not follow this process. Instead, it allows a renter to become the buyer. This is done through another type of contract agreed upon by the two parties.What is Rent-to-Own?
The details of a rent-to-own may vary. Usually, the term refers to a scenario where the owner promises to sell their property to the tenant for a specific price, within a certain period of time.
To this end, some contracts do not obligate the tenant to [...]
It’s getting harder and harder to find good, yet affordable housing, so when you do, it might almost seem too good to be true. That’s because it probably is. According to researchers, up to 25% of all home or apartment rental listings on Craigslist are scams.
Understanding how rental and property scams work and how to avoid them can help you spot a crook before you’re taken for an expensive ride. Studies show that Craigslist filters less than half of the scams posted, so don’t depend on any site to protect you. They do all they can to warn visitors about scams, but it’s up to you to do your due diligence before handing over your money or filling [...]