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Monday, October 15, 2012

Things to look for before renting a flat

If buying an apartment does not fit into your budget, renting out one can be a solution. Moving into a new flat might sound very interesting, but finding the best option might be a little demanding. You must take into consideration certain things before taking the plunge. A property rental checklist is provided below.

 

Setting a Budget
Setting a budget is very important keeping in mind your income. Then focus your search according to your budget. If you are single and looking for a cheaper accommodation, opting for a roommate can be a good option. 

Searching a Flat
In case you want to avoid fishing out the extra money to the broker, newspaper classifieds, bulletin and the Internet can come to your rescue. This will give you a clear picture about the rental market and you may end up getting yourself a good deal. 

The Neighborhood
Take your time to go around the neighborhood. What do you prefer, a quite building that is close to your workplace and the kids can almost walk to school? How about a local market and services like laundry facilities nearby? These things can be considered before you actually end signing the rent agreement. 

Inspect the Flat
Do not let looks deceive you. Inspect the flat carefully and look out for hidden attributes. Take a closer look at Sink faucets, shower heads and water- make sure that water flow is stable and the shower head has a decent pressure. Do not forget to check the toilet flush.

Check whether the flat is well ventilated or not. Check windows and doors and inspect the walls also.


 

Negotiate the Deal
If everything goes well, you can negotiate a little with the landlord. Read the rent agreement properly before signing. Check the rent renewal date and others things such as whether subletting is allowed, are there policies regarding guests and visitors.

Once you have checked the above mentioned clauses and you are satisfied with your checklist you can go ahead a sign the rent contract. However, make sure that you read the document carefully before signing it.

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