Once you’ve decided on a property, you’ll probably be asked to fill out a rental application. Each person who is renting has to fill out a separate rental application. This helps the landlord determine each person’s credibility as a potential renter. You may have to submit a processing fee, application fee and security deposit along with the rental application. If your application is denied, the security deposit will be returned within a specified time frame, usually one month. The rental application typically asks for your:
- current address
- phone numbers
- email address
- driver’s license number
- previous address
- pets, if applicable
- employment and income information
- emergency contacts
- personal references
- background information, including questions about criminal charges or previous bankruptcies
- vehicle information
Be prepared for each of all of these. Remember this is business, not personal, the rental agent or property manager / owner is trying to protect both rental parties in ensuring the rent payment is affordable for the renter, and that the property with be returned in great condition at the end of the rental.
As the potential renter, it’s also a really good time to assess the efficiency and service level of the property management, if the place is great, but the service lacking you should consider this as part of your decision process.
Read more: Rental Articles on the Homes.com Blog
Whether it’s a condo, apartment or house (or anything in-between) finding your new rental home doesn’t have to be difficult or confusing.
Everyone’s path to a rental is different, but there are some key steps to researching, finding, refining, and finally signing a lease before you move in.
In this guide, we’ll step you through the process and make certain you’re both informed and empowered on your journey to your rental home.
We’d love to hear how your rental experience went! Let us know by visiting our blog and commenting on our post:
Happy rental hunting!!
Finding your perfect apartment or house for rent is a process that requires a lot of time and research. We’re here to help make this process easy for you! In this ‘How Tos’ rental section we cover all the necessary steps of the renting process with tools, tips and helpful advice that’ll empower you to discover, selection and lease your ideal home.
Choose Which Amenities are Important
Consider which amenities you and your family really need. We all want as many amenities as possible; however, be honest with yourself about which ones are essential. If you are able to compromise on some amenities, such as an outside pool or water view, you may be able to find a home in a better location, or closer to your favorite activities. Don’t get caught up in all the bells and whistles and forget about all the other important factors that go into choosing your perfect rental home.
Get to Know the Neighborhoods
If you’re familiar with the city where you’re looking, then you may already have a pretty good sense of most neighborhoods. But if you’re browsing from a distance, then it makes sense to check up on areas where potential rentals are located. Look at crime maps. Read reviews on the local schools. Seek out information in forums, and if you have anyone in your network that might be able to give you the local’s perspective on a particular neighborhood, ask them for input.
Decide What Location is Ideal
One main thing to keep in mind is location. What is important to you and your family? Is the school district the number one priority? Do you prefer being close to the action of the city, or do you like the laid-back country lifestyle? Use the search feature on Homes.com to easily search rentals by zip code, as well as find listings in nearby locations to ensure you don’t miss your dream home in the locations that best fit your personality.
Know the Local Market
For many families, renting a home may be the best solution they have for providing their children with stability. For this reason, these types of renters will often try to negotiate multi-year leases. These families don’t want to have to worry about taking their kids out of school or away from the friends they’ve made. They want to enjoy living in their communities without worry that they might have to look for another place to live in a few months’ time.
In such cases, a landlord might offer a 12-month lease upfront with the potential for a multi-year lease upon renewal. This is so they can have a year to learn more about their renter’s habits. This allows the landlord to get to know their renter before they take the leap in offering a lease longer than a year.
Moving can be an expensive process, and preparation is the key to a successful move. Focus on your budget, turn to your friends and family for help, and be realistic about your expectations to make this move enjoyable.
When searching for a new home to rent, it is natural to start