Tag Archives apartment lease

The Rental Application Process 2

After hours of looking at apartments online and in person, you've finally found the one. It's exactly what you're looking for in terms of price, size, amenities and location, and you want to fill out the application so you can…

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It’s the most wonderful time of the year, at least for the Apartment Guide team. Renters are making tough decisions about whether to stay put in their current apartment, or move on to a bigger and better abode.

It’s natural to assume that after a few years of renting, you’re automatically ready to take on the title of homeowner. But you might need to slow your roll before you’re in too deep. Are you really ready to own a home? Like, really? Below, we outline a few reasons why you might need to renew that apartment lease.

benefits of renting vs. buying

When you both rent and own, you've got a lot of details to look after.

[caption id="attachment_57467" align="alignleft" width="360"]When you both rent and own, you've got a lot of details to look after. When you both rent and own, you've got a lot of details to look after.[/caption] There are many reasons homeowners may find themselves in a position to rent and own at the same time. Some cannot afford to stay in their homes, but also can’t afford to sell when a depressed economy means the inability to get a good sales price. Other homeowners find themselves needing to rent because they’ve moved for a new job, but still want to hang onto a home. Whatever the reason, being both a landlord and a renter at the same time comes with complications. Here are five issues to consider when you both rent and own.

Here are items you will want to weigh carefully when considering adding your signature to another person’s apartment lease.

[caption id="attachment_62161" align="aligncenter" width="607"]Here are items you will want to weigh carefully before you add your signature to another person’s apartment lease. Here are items you will want to weigh carefully before you add your signature to another person’s apartment lease.[/caption] If a friend or relative asks you to co-sign on an apartment lease, should you do it? Of course, we all want to help friends and family in need, but you have to be careful when it comes to the commitment of legally guaranteeing another person's apartment lease. Here are some items you will want to weigh carefully as you consider whether to add your signature.

If your credit isn't quite up to par, you'll probably need a trusted friend or family member to co-sign an apartment lease with you.

[caption id="attachment_61270" align="aligncenter" width="600"]If your credit isn't quite up to par, you'll probably need a trusted friend or family member to co-sign an apartment lease with you. If your credit isn't quite up to par, you'll probably need a trusted friend or family member to co-sign an apartment lease with you.[/caption] Think you can’t rent an apartment with bad credit? Think again. While it may be a bit more difficult for those with credit issues to rent an apartment, it’s not impossible. To make yourself a more appealing applicant, you have to understand what property managers are looking for and know how to convince them to work with you. Here are five strategies you might use to help secure an apartment lease -- even when you have a few dings on your credit report.

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May a Landlord Choose Not to Renew a Lease?

If your lease is coming to an end, you might be considering what to do next. In most cases a resident will either renew a one- or two-year lease, opt to stay on a month-to-month basis, if possible, or move out. But can a landlord choose not to renew a lease? Read on to find out about this renting wrinkle and what to do if it happens to you.

Did you ever consider you might be breaking one of the rules in your apartment lease agreement -- without even realizing it?

[caption id="attachment_23901" align="alignnone" width="425"] Did you ever consider you might be breaking one of the rules in your apartment lease agreement -- without even realizing it?[/caption] Did you ever consider you might be breaking one of the rules in your apartment lease agreement -- without even realizing it? When you move into an apartment, you sign an apartment lease agreement that spells out many specific rules to live by.  Keep in mind that there are some actions which could violate your apartment lease agreement, and these actions might not be immediately obvious to you. Here are a few things to watch out for.

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