Steps to Finding an Apartment
Finding an apartment may seem like a daunting task, especially to first-time renters. There are many factors to consider, such as location, price and whether or not you are required to sign a lease. Knowing what to expect before you begin can make the process much less intimidating. There are several steps to finding an apartment, from the early considerations up until you get the keys to your new place.
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Early Considerations
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The first step to finding an apartment is to determine your budget. According to the U.S. Department of Housing and Urban Development (HUD), housing costs should account for no more than 30 percent of your total income. That means that, if you bring home $2000 a month, you can spend up to $600 on your rent. This leaves enough left over for groceries, utilities, transportation and any other expenses.
Next, consider location. Some areas are much cheaper to rent in than others. Don't sacrifice safety for less expensive rent, however. It's better to pay a little extra than to live in an unsafe area. Considerations for choosing a location include how close the area is to where you work, go to school, or where your family lives. A close proximity to grocery or department stores may also be a factor.
Also consider what features you are looking for in an apartment. Many like the convenience of an on-site fitness room or pool. Some people need a washer and dryer hookup in their apartments, while others are okay with going to a laundromat. Large yards, extra bedrooms, security systems, pet allowance and included utilities are all features to think about when making a list of what you want or don't want in an apartment.
Looking at Potential Apartments
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Once you have decided on your budget, preferred location and the features you must have, it is time to start looking for apartments. If you live in a larger city, you may be able to find online sites that list available apartments, but for most people, checking the local paper will provide the most options to choose from. Look through the listings and circle anything that is within your price range and lists some of the features you are looking for. Once you have a list of apartments, start calling for more information.
When you call the landlords or apartment managers, it helps to have a list of questions ready. One of the most important questions is what they require for a security deposit. For most apartments, this is the equivalent of one month's rent. Some may also require you to pay the last month's rent before you move in. If you are on a budget, this can add up quickly. You may also want to ask if you will need to sign a lease (a rental agreement between you and the landlord, stating the rules of the apartment, rental price and length of the rental) or rental agreement (like a lease, but without the requirement to rent for a set period of time). This is also the time to ask about pets, whether or not smoking is allowed, and if any utilities are included in the cost of rent. If the apartment fits your needs, make an appointment to view the apartment.
When you view an apartment, consider your list of what features you are looking for. Also watch for any obvious problems with the apartment, such as safety hazards or limited living space. Don't sign a rental agreement until you've seen at least three apartments. That will give you a chance to compare the apartments before choosing the one that best meets your needs.
Making a Choice
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After viewing at least three apartments, the next step is to make a decision about which apartment you like the best. While it is a good idea to take the time to consider your choice, waiting too long may allow someone else to claim the apartment you want.
Once you have made a decision, call the landlord and set up a time to meet for signing the rental agreement and paying the first month's rent and deposit. This meeting will most likely take place at the apartment itself. If the apartment is still being rented to another tenant, the landlord might ask you to meet him at his home or at a location convenient for both of you. Before signing, make sure you carefully read over the rental agreement, and ask any questions you may have. Any special arrangements between you and your new landlord should be written up as part of the rental agreement. Sign and date the agreement, and get a copy before you leave. Most landlords will meet you at your new apartment with your keys on the day you can begin moving in.
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