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6 Steps to Renting an Apartment Without Breaking Your Wallet

by Guest on Mar 23, 2012 Renting / Leasing 1076 Views

Renting an apartment isn't an easy task. First and foremost renting an apartment means you're moving out of your old home, and moving out is never easy. Aside from your reasons for moving out, finding a decent apartment to live in requires a lot of patience and hard work, two things not common in most people. But you need both if you're really bent on finding an apartment that won't break your budget.

An apartment has to be two things: affordable and livable. An apartment is second-rate if it's the former and not the latter, and vice versa. Here's a 6-step guide on how to find an apartment that is both.

1. Ask the Internet for Advice
The first thing you need to get down is the quality of apartments available in your area. If you don't know any, maybe it's time you look to the Internet and ask help from folks who live in your area. You can also use online apartment locator services that filter searches based on the features you want.

2. Stay Away From Homes Based on Perceived Value
It's easy to find an apartment with a posh living room and a kitchen island. But the thing is, do you really need those things? Is the neighborhood up to your standards? Is it a safe neighborhood to walk in at night? These are the things you must put into consideration when renting an apartment, not whether the one-bedroom apartment has two or three bathrooms.

3. Enlist the Services of a Locator
But don't settle on just one. Call at least three locators--the magic number—and seek their advice. Choose the locator who could offer you the best deal and services.

4. Always Call Before Visiting
Call the landlord before making a visit and try to talk numbers. During the inspection, landlords and agents will try and win you over by pointing out the neat features of the apartment, half of which you don't need. Negotiating on the phone will give you a better idea of how much you're really being obligated to pay without the eye-candy.

5. Make a Personal Visit
These days there are so-called "virtual tours" where you get to tour an apartment directly from your Mozilla Firefox or Google Chrome. But nothing beats the real deal. Make a personal visit - more like an inspection – to the apartment to try and get a feel of the place: how's the neighborhood like, is it too hot or too cold in the area, any constant external noise you need to know about, etc.

6. Reevaluate What You Have So Far
Take the time to sit down and reevaluate the shortlist of apartments you've compiled so far. Take note of the apartment features and how much you're being asked to pay for them. It's time to make critical decision which apartment you want to live in for the next couple months or years.

Time is of the essence when looking for a new apartment to rent. Following these tips should save you enough time and money to really decide on the apartment you need.

Article source: http://www.appraisalarticles.com/General-Real-Property-Topics/Renting/2966-6-Steps-to-Renting-an-Apartment-Without-Breaking-Your-Wallet.html

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