Sunday, February 25, 2018

Moving On Up : What I Learned From Moving Once Per Year for the Past 8 years

When recently looking for a new place to live, I told my realtor my top needs were safety and a quiet area. After dealing with an apartment getting broken into and being waken up many times a night by a train at another complex,  I learned the importance of these things the hard way.

Things to consider when looking for your next community :

1) How close will you be to your job ? Will you have easy access to a highway? Will you have a longer commute and/or more traffic to work or other places you go often ? If you can, drive the commute during rush hour. What you think is a short distance may be a much longer drive with traffic.

2) Besides rent price also check if any utilities are included i.e. cable , gas , electric , trash removal? Will you need to purchase anything extra like renters insurance or HOA (home owners association)fees?

3) What is the cost up front ? Most places require first and last months rent and security deposit. Is there an application fee ? Will you get the application fee back if not approved?

4) Find out what crimes have occurred in the area . Search the county or city website or ask local law enforcement.Try to visit the area both during the day and at night. Is the complex well-lit?

5) What is the noise level ? Make sure you check the community for proximity to railroads , airports , etc. it may also make a difference where in the complex you are. If you are only shown a model unit make sure you also drive over to the actual unit you to see where in the complex it is.

6) What are requirements to live there ? Do you need an interview with the HOA board ? Is section 8 allowed in your complex ?

7) Is there adequate parking for all members of the household and guests?

8) Are you renting from a individual or a complex? There are pros and cons of both options. A private landlord may be more apt to negotiate on items like rent price.  Renting from a complex, however, usually has a designated maintenance team to ensure items are taken care of promptly.

9) Is there a clause that allows you the ability to leave if needed? No one signs a contract expecting to not fulfill it but life happens and you may unexpectedly need to move. If it is not included ask that a clause be added to allow a fee if the lease needs to be broken.

10)  Are there items that need to be done to make home move-in ready? Have you confirmed all appliances work?  Wait until these items are complete/fixed before signing a lease.

This list may seem like a lot of work but it is time well-spent when determining the place you will call home. Your home should be the place you can come home to at the end of the day and feel relaxed, safe, and comfortable. Buying a home is not the best option for everyone . Having someone else responsible for taking care of the home can reduce stress. If you are not sure if you will stay in the area long-term, renting gives you flexibility. Renting a home or apartment can be a wonderful experience if you chose wisely.