Showing posts with label rent. Show all posts
Showing posts with label rent. Show all posts

Sunday, December 28, 2008

4

Apartment Hunting Tips - Tips to Consider Before Choosing Apartment Rent

Renting an apartment represents a strenuous task that requires all of your attention and focus because the final decision will be important for a variety of reasons. Choosing an apartment where to live in for rent, you need to consider several factors related to price, included amenities, location, size, roommate or no roommate and the period of time for which you envision to stay. Those planning to rent a flat need to look over all their options before coming down to that final decision. The guidelines described below will help you with your decision.

Make sure You Visit as much as possible

Renting an apartment represents all about visiting and seeing. Investigate what options are in the area you plan to stay into and then start looking for the sources in which you can find offers of rented apartment. You need to be aware of the bigger context of the whole situation so that you can make the best decision in your case. Therefore, to find out available apartments for rent, you could make some online research or use rental magazines or specialized catalogues where offers of rentals are usually displayed. Once you do that, circle the most interesting ones and then consider visiting the apartments that most interest you, because that way, you will be able to get some sense of the size, location, amenities and most important, the price of the apartment for rent. Thus, you will see on the spot how the apartment looks like and generally, there is no other, better way to be able to narrow your list to a few apartments.

Consider the roommate topic as well. Would you want to have some roommate or more than one roommate? Usually, the prices go down in an obvious way because you are basically splitting the costs together. However, depending on the characters of the roommate, this might make your period in the apartment bearable or not. It can all turn into a significantly better situation or a significantly worse situation, therefore you need to make your decision by taking into account the possibility of a roommate as well. Compatibility, respect for one another, capability to pay the bills and the desire to participate in the household chores are things that you need to discuss or address with your roommate(s).

For one thing, having roommate would mean that you will get to save some extra money each month. Large apartments that are not affordable for one single person can become affordable once you find yourself some roommates and split the costs in pieces. Apartments designed for several people to live accommodate larger living spaces, bigger kitchens, dining room and even family rooms. The space offered and the degree of comfort seem appealing to many people who now envision finding a roommate and settling down with the rental of the apartment.

Nonetheless, before making any irrational decision based on the impulse of the moment, it is necessary that you consider carefully whether you would want to live with roommate. Strangers do not often make good matches in terms of pairing up to live in an apartment and you should know the person really well because you are going to split things up and have access to one’s possessions. You first need to trust one another before choosing to do anything else.

Living styles trust issues and different personalities can always endanger the safety of your relationship with your roommate and thus, create frustration when having to share with a person you don’t like. For instance, your roommate enjoys staying late into the night, watching television or listening to music. Your other roommate might want to go to bed early and rise up early; therefore compatibility regarding sleeping hours is also a thing to consider. Some conflicts may arise if compromise is not accepted. Thus, you need to let go things from yourself in order to create a peaceful environment in the apartment.

Reading the Clauses of the Contract with Extreme care

While you are considering taking or not taking a roommate in the rented apartment, you first need to look carefully at the contract and at the clauses stipulated in it before you can settle down with your decision. For one thing, you need to know that the rental agreement is legal documentation and therefore, before signing it, it is important that you read whatever is stipulated in the contract. Renters are sometimes signing blindly things and thus they might never get to know what they signed for. Because of this, disputes arise and sometimes the righter does not even know that he or she has no right to protest once having signed the contract. Therefore, you need to pay careful attention to the requirements, read everything carefully and only then, put your signature on the piece of paper.



About the Author:

Learn the best decoration of rented apartment for your apartment as well as the insider tips on swapping your rental apartment from the experts at http://www.apartmenthuntinghelp.com, the premier resources on apartment hunting help.

Read more articles by: Jennifer Walter

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Monday, September 22, 2008

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Finding Commercial Property to Rent in Central London

By: Shivani Gurtu-Louth


London offers fantastic opportunities for businesses seeking to relocate or to move there for the first time; it is served by five major airports, the Eurotunnel, rail systems and extensive motorway links. Europe is now closer than ever, being a mere ferry, train or aeroplane trip away, making it perfect for companies wishing to expand abroad. Central London is the hub of this business Mecca and offers exciting possibilities for businesses of all sizes but, with competition for commercial property in Central London reaching an all-time high, which is the best method to find premises that will meet your requirements?

London, as a centre for business, is an ever-changing being, having its own economy and market-pressures. Central London, the city’s core, almost dictates how these factors will affect the rest of the capital and the businesses that are housed therein. To find commercial property in Central London, you will need to employ the talents of a company that is well-versed in London’s idiosyncrasies and unique dynamics. Commercial property estate agents in Central London will have the expertise and knowledge to research what is a very small, but influential, part of Britain’s capital.

A commercial property estate agent will have access to comprehensive lists and details of available commercial property to rent in Central London. They should also have insight into previously untapped areas that could yield benefits to their clients; while there is a lot of commercial property in London, not all of it may be suitable for the specific requirements of a specific business. Using a commercial property estate agent allows you to continue running your company, safe in the knowledge that work is being done ‘in the background’, on your behalf. When the agent has sourced a number of appropriate premises, you can then decide which ones offer enough potential to be inspected.

By nature of their locations, commercial property in Central London can command greater rents than elsewhere in the capital. A commercial property estate agent can advise you on what are reasonable terms and even negotiate on your behalf to ensure that you are getting a good deal. Again, this requires some insight into the marketplace and the ability to ascertain how your company can benefit from moving into a particular locale.

Central London is well served by physical attributes such as road networks and overground and underground rail systems; many services useful to businesses are also established there, as well as suppliers and, hopefully, a new customer demographic. A commercial property estate agent should be knowledgeable as to which services and attributes will be of most importance to the client’s company and be able to source the ones that offer the best value for money. These can be employed during the relocation process to make things run efficiently and links can be established between companies for future business.

In theory, finding commercial property in Central London ought to be no more difficult than finding commercial property anywhere else. However, because this area is such an influential nucleus for business and economy, the competition is fierce. Using the services of a commercial property estate agent not only helps to ensure the process runs smoothly, but can ensure that the business in question gets the best premises available to them at the best price.



About the Author:
Shivani Gurtu-Louth - Operations Manager of Devono Property Limited. Devono are the only commercial property agents in London to exclusively represent tenants looking for office space and commercial property in Central London to rent. For interviews, quotes, images or comments contact: Shivani Gurtu-Louth Devono Operations Manager Tel(DDI): +44 (0)20 7096 9911 E-mail: sg@devono.com

Read more articles by: Shivani Gurtu-Louth

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Sunday, September 21, 2008

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Advice When Renting Your First Commercial Property in London

By: Shivani Gurtu-Louth


Opening an office in London can be a hugely beneficial step for a company to take. However, before you can begin reaping the benefits that the capital has to offer, you need to find new premises. In order to ascertain whether a commercial property in London is suitable or not, you will need to ask yourself a few pertinent questions.

The first consideration should focus around the sort of property you require and its location. Would it best to have the premises nearer to the business’s employees, its suppliers or its customers? Alternatively, it may be more important to have the business located close to a transport network, such as rail or road systems. And, importantly, the premises have to be within your budget.

Should you manage to find a commercial property in London that is suitable, it may be prudent to approach your bank manager or at least speak to the firm’s accountant to ascertain the impact that the new premises will have on the company’s budget. Next you will need to negotiate with the landlord to get rental terms that are favourable to you – often a difficult and frustrating process.

On the other hand, you may feel it better to place the whole procedure in the hands of a property expert. A commercial estate agent will have a great deal of experience in sourcing available commercial property in London. Whilst you will have to pay for their services, it is worth bearing in mind that mistakes with property can be extremely costly and have even in some cases resulted in bankruptcy.

A commercial property agent will have resources available that you will not, such as a database of existing and up-and-coming commercial properties in London. They can also help you organise the move within the parameters of your budget, taking into account things that you may have overlooked. Factors such as producing effective relocation plans, choosing suppliers during and after the move and a constant budget report can all be implemented by the appointed relocations manager and contribute towards a smooth and efficient process. A commercial agent can also take care of things like surveyors and solicitors and also ensure that the contract you sign provides you with favourable terms, taking into account factors such as the rent and possible increases, the length of the lease and how easy it is to give it up, to whom the responsibility of insurance falls, who is liable for repairs, service charges, financial guarantees and lease protection. These are all commitments that you can expect to find in an agreement, but a commercial property agent will be able to negotiate terms on your behalf that you may not be able to.

Renting a commercial property in London generally heralds a new beginning for most businesses; to ensure that your rental goes as smoothly as possible and does not affect the operation of the company, it would be prudent to research just what a commercial property estate agent in London can offer you.


About the Author:
Shivani Gurtu-Louth - Operations Manager of Devono Property Limited. Devono are the only commercial property agents in London to exclusively represent tenants looking for office space and commercial property in London to rent. For interviews, quotes, images or comments contact: Shivani Gurtu-Louth Devono Operations Manager Tel(DDI): +44 (0)20 7096 9911 E-mail: sg@devono.co

Read more articles by: Shivani Gurtu-Louth

Article Source: www.iSnare.com

Saturday, September 20, 2008

1

Rent Or Buy? How Does Miami, Florida Residents Decide?

By: Marlon Baugh


At some point in life we are all faced with this question. With today's low rates and a lot of bargain priced properties in the Miami market, makes the dream of home ownership very attractive. The biggest concern for Miami first time home buyers is; can I afford to buy a home? Home ownership does come with a lot more cost when compared to renting such as: property taxes, higher insurance premiums, higher utility cost, and maintenance of the home, just to name a few. When something breaks there is no landlord to call to fix it, so you definitely need to have a good size emergency fund just for these expenses. Recommended $3000-$5000; unless you are handy around the house and can fix such things as the air conditioner when it break.

One of the first steps in preparing to become a home owner in Miami Florida is to pay off as much debt, with the goal of being debt free if possible, before taking on the expense of home ownership.

One of the main benefits of home ownership is that the interest portion of you monthly payments is tax deductible. Your mortgage payment is made up of principal and interest, the interest portion is the larger of the two mainly during the first few years of the loan and this is what you will write off at the end of the year, along with you property tax payments.

Unlike rent payments, your mortgage payment will not increase every year like your rent payment, as long as you get a fixed rate mortgage. However the expenses that you can expect to increase will be taxes and insurance and it varies depending on the area of the Miami that you live in. Since you live in Miami, an area that is prone for hurricanes you can see a spike in your insurance premium especially when there is an active hurricane season.

Once you have been pre-qualified to find out how much house you can afford, you will decide what area of Miami you want to live in. Other than price, other factors to take into consideration are taxes and insurance. I normally recommend that you escrow these payments with your mortgage payment, so that you can take care of it on a monthly basis, versus having to come up with a lump sum at the end of the year. It is not uncommon for new Miami home owner to fall behind on their taxes when they are not escrowed, in which the county will place a lien on your property. And as far as the insurance, if you don't keep your Miami property covered, the lender will force place insurance on your property which is normally about 3 times the amount you would normally pay and this will increase you monthly payment and may cause financial hardship.

Once everything is in order and you want to start house hunting in Miami, I recommend if you are a first time home buyer in Miami to contact a real estate agent, and they can walk you through the process and it is free professional advice, at least free to you, it is the seller for the home you want to buy that will pay them. Now you don't want to just get any agent, you need a Buyers Agent. Why? Because they will be working for you and not the seller, so they will have you interest in mind, where they can disclose things about the house to you that they wouldn't be able to do if they were representing the seller.

Don't try to time the market in Miami to see when it will hit the bottom, that's like trying to beat the stock market, and this can sometimes prove to be costly. In saying that, if you find a home that is reasonably priced and it’s within you price range and you like it, go ahead and buy it. Real Estate has been known to increase in value over time.

Last but not least, always be upfront with your lender, this way neither you or your lender will have any surprises nor you won’t waste any time or money in the home buying process. If they know all your issues upfront they can structure the loan for you and still get you in a good loan program tailored for you needs.


About the Author:
Marlon Baugh is a nationally-known mortgage expert. Since 2003, he has specialized in mortgage loans for people with Bankruptcies, Foreclosure or with other credit issues, as well as Commercial Mortgages. If you would like a Free Copy or to get instant access to the remainder of this Insider Mortgage Report, please visit http://www.specializedfinancialsolutions.com/own-a-home.htm or Call 954-678-5796

Read more articles by: Marlon Baugh

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