Tips on finding a home for rent

June 21st, 2005

Rent a home in Charlotte NC > see the list of new rent to own homes

Looking for a place to rent
When looking for a place, plan your weekend of inspections. Get up really early and buy the paper, then map out, location-wise, what order to best inspect the properties to maximise your time. Then make your calls to agents etc and organise viewing times.

Have a list of ‘must have’ attributes of your potential new home, and then a second list of ‘nice to haves’. When speaking with the agent (or whoever), run through this ‘must have’ checklist with them first, as ads and pictures can be deceiving. If it doesn’t have everything you want, don’t bother looking at it.

The rent
Don’t forget that you can negotiate on rent from the outset! For example, if a house is advertised for $250 per week, and you have inspected it and don’t believe it’s worth that much but you still like it, you can lodge your application at $240 per week (and explain to the agent why so they can pass your reasoning along to the owner). If you sign a six or 12 month lease, they cannot alter that amount until the lease is up for renewal.

The lease
Inspect your lease agreement very, verrrrry carefully. In the happiness of the moment of finally finding a nice place to live, and whether you have an understanding agent or not, that contract is a legally binding document and you shouldn’t just sign it without fully understanding it. For example, if the agent tells you that you are allowed to have pets, understand exactly what they mean by that (ie does it exclude cats but dogs are OK?), and ensure they have elaborated on this in writing in the contract, and you have both initialled it. If they aren’t sure, get them to call the owner and don’t sign anything until it is clear.

Learn more about what to look for in a home for rent

When to buy When to Rent out

June 16th, 2005

Need a Charlotte area rental home or rent to own home? SEE MORE >

House Hunting Tip: In a changing market, it’s wise to factor in a longer marketing period for the home you’ll be selling. You could get lucky and sell quickly. But, if the market softens, it usually takes longer for homes to sell. It’s better to err on the conservative side than it is to be caught short of cash during the period that you’ll own two homes.

The biggest risk you face in buying before selling is that your home doesn’t sell in the desired time frame and the market worsens. In this case, you could be forced to reduce your list price in order to speed up the selling process.

It may be an option to rent your old home until the market changes again. But, keep in mind that to take advantage of the federal capital gains tax exemption on the sale of a primary residence (a $250,000 exemption for single sellers and $500,000 for married sellers who file jointly), you need to have occupied the property for two of the last five years.

A smart article about renting vs buying a home from http://doityourself.com/makeoffer/smarttobuy.htm

Charlotte tips for renting a home

June 9th, 2005

Premier source of hgh end Charlotte, Huntersville, Cornelius, and Lake Norman Rental Homes >

If you rent a Charlotte house, rather than an apartment, you’ll have some additional concerns:
Lawn care and snow removal will probably be your responsibility. City codes require that lawns be mowed. If you think the landlord is providing either of these services, make sure your lease says so.
Garbage hauling is not a municipal service in Charlotte. Unless your lease says that the landlord provides and pays for hauling, you’ll have to call a private hauler and arrange service. Look in the yellow pages under “garbage.” (Note: references in your lease to sanitary fees are for the sewer system, not for garbage hauling).
Don’t assume the garage comes with the house; make sure the lease says you are renting the “house and garage.” If the house has no garage but you plan to park in the driveway, make sure the lease says Lessee may park in the driveway at no extra cost.

Read more at http://www.tenantunion.uiuc.edu/renting_a_house.htm

Newest Rent to own Home in Charlotte

Charlotte home for rent

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What to look for in a Rental Home

June 8th, 2005

What to look for in a Rental Home
Before you start, you need to have a clear idea of what type of rental property you’re looking for. If you want a small family house, say a two-bedroom terraced house, don’t be persuaded to look at unsuitable properties such as studio flats or rambling six-bedroom mansions. By focusing on exactly what you want and avoiding countless unsuitable properties, you can save yourself time and money.

While staying focused is good, don’t be too narrow-minded. If you’re looking for a two-bedroom house for your rental business but then stumble across a slightly cheaper two-bedroom flat in the area, you may decide that the flat is perfect for renting to tenants. If you stick too closely to your original plan and don’t evaluate alternatives as they present themselves, you could find yourself missing a good opportunity.

Excerpts from http://www.dummies.com/WileyCDA/Section/id-103575.html article on rental homes

Home for rent Charlotte

June 8th, 2005

With many homes available for immediate rent in Charlotte, and better yet the option to rent to own a home in Charlotte with the same cost to you. Make your family a home owner in Charlotte and Huntersville with new homes like this.

Home for rent listing
Rental home Huntersville Come enjoy the lifestyle you deserve, at the exclusive Northstone Golf Club located in Huntersville, between exits 23 & 25. This beautiful golf course community is convenient to schools, shopping, restaurants, and recreation. Uptown Charlotte is easily accessible, as well as the other quaint communities of Cornelius and Davidson. The P.B. Dye Signature Championship Golf Course winds throughout this spectacular community. Enjoy the various amenities, driving range, tennis courts, four swimming pools, play area, private clubhouse and dining facilities that overlook the ninth and eighteenth greens.