7 tips for a successful rental application to be the first.
It may seem pretty obvious, but real estate experts warn that the power of a complete document package should not be underestimated. A sample application means "everything is done, all the empty spaces are filled," according to Rachel Kulik, a real estate broker with Insight Realty Group whose primary work is in the Jamaica Plain and West Roxbury neighborhoods. "One thing a property owner doesn't like to do is ask questions about empty spaces or missing information. "
Tanisha Salmon, a real estate agent at Keller Williams Realty in Easton, says there's more than convenience involved: a complete paperwork package proves that "you're a serious person, responsible and prepared." Communication throughout the rental process is essential.
What questions to ask
Kulik advises asking lots of questions, especially about requirements. The most important information can be gleaned from the fine print of the application and from conversations with the owner. She adds that some owners will not accept co-borrowers, and others will only accept them if they live in Massachusetts. "My main advice is to get as much information as possible about the qualifications of the property. "
Preparing for the rental process
It's easier said than done, but there are a few tricks that can help you through the rental application process. Since most property owners run a credit history check, it is important to maintain a good credit rating. Kulik recommends checking your own credit history with Experian to avoid negatively impacting your credit score. Salmon adds that these audits try to determine whether a person will fulfill their financial obligations. She says, "There could be trouble that could lower your rating. You may have deferred student loans. All of these things happen. If you say, 'I know my rating isn't perfect, and it's here,' that's a valid argument, too.".
The value of references
In addition to careful record keeping and clear communication, references can actually determine the fate of your application. If the referrer can confirm that the prospective tenant "pays rent on time" and is a responsible tenant, it greatly improves the application. Sometimes it's better to ask an employer for references than a previous landlord because "landlords are sometimes hesitant to call other landlords provided as references because if someone is on the verge of eviction, landlords are likely to give favorable reviews," Salmon says.
The importance of time and documentation
The rental market in Boston has its season, much like ice skating on a pond or swimming on the Cape.
Costs and financial assistanceWith a complicated process and lots of paperwork to fill out, Wise says, the secret is to start early. When you're looking for a rental for September, it's best to start your search in January or February. Since many items "spring up", it's best to have all the information you need to submit right away. "It shows you're interested and organized," Wise says. "Be aware of all the costs associated with obtaining a residential facility," Salmon advises. Potential tenants should also ask about factors that could change the cost of rent. In some cases, she says, owners "add a few hundred dollars if a third person shows up in a two-bedroom apartment." Read carefully all the small details of the application. Real estate experts say you should be prepared for upfront costs beyond the monthly rent. The Boston area often includes first rent, last rent, security deposit and commission for the realtor, Salmon says. "It can be a heavy burden for a lot of people." But if you run into financial difficulties after renting an apartment, there are programs that can help. "There are so many programs that provide assistance and help raise all the funds needed," she says. Salmon mentions Residential Assistance for Families in Transition, a state program designed to provide financial assistance "with rent or other housing expenses" for those facing the threat of eviction, pressure from any party, loss of utilities, and other housing emergencies.
With a complicated process and lots of paperwork to fill out, Wise says, the secret is to start early. When you're looking for a rental for September, it's best to start your search in January or February. Since many items "spring up", it's best to have all the information you need to submit right away. "It shows you're interested and organized," Wise says. "Be aware of all the costs associated with obtaining a residential facility," Salmon advises. Potential tenants should also ask about factors that could change the cost of rent. In some cases, she says, owners "add a few hundred dollars if a third person shows up in a two-bedroom apartment." Read carefully all the small details of the application. Real estate experts say you should be prepared for upfront costs beyond the monthly rent. The Boston area often includes first rent, last rent, security deposit and commission for the realtor, Salmon says. "It can be a heavy burden for a lot of people." But if you run into financial difficulties after renting an apartment, there are programs that can help. "There are so many programs that provide assistance and help raise all the funds needed," she says. Salmon mentions Residential Assistance for Families in Transition, a state program designed to provide financial assistance "with rent or other housing expenses" for those facing the threat of eviction, pressure from any party, loss of utilities, and other housing emergencies.
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