While we would love to own our own homes, not everybody can afford or qualify for mortgages in the United States.
For those that can’t qualify for a housing loan, the alternative is to rent. But there are common house renting mistakes a lot of people make when trying to secure their space!
For those of you looking to avoid making mistakes when you are in the process of trying to find a place, we’ve come up with a list of common mistakes that renters failed to oversee before signing the contract.
So keep on reading and we’ll walk you through these house rental agreement mistakes and how to avoid them.
1. Not Considering Affordability for Long-term Stay
Many people only think about short-term monthly rentals. However, you need to consider your long-term financial goals and make sure you can afford the rent in the long run. Make sure you know how much you can afford to spend each month on rent.
This includes all bills and expenses, not just the rent itself. By planning and being aware of all the costs associated with renting a house, you can avoid making this common mistake.
2. Not Making Sure if You Are Taking a Pet Friendly Rental
Not making sure if your rental is pet friendly is a common mistake people make when renting a house. Pets are a part of the family and you want to make sure they have a place to live too.
Most landlords require a pet deposit or pet rent, so be sure to ask about this upfront. Be aware of any breed or size restrictions that may be in place. Make sure the contract you sign for is pet friendly rental. This will save you a lot of headaches in the long run.
3. Not Considering the Layout Versus Area
The layout of the house can have a big impact on how comfortable you feel and how convenient it is to use the space. A house with a small kitchen and living room may be less comfortable and convenient than a house with a large open floor plan.
Consider the layout of the house when making your decision while you go for the rental home inspection. Be sure to ask about any potential changes that could be made to make the house more comfortable for you.
4. Not Looking Into the Available Amenities
Not all landlords include utilities in the rent, so it is important to inquire about this ahead of time. Other amenities to look for include laundry facilities, off-street parking, and security features.
If you are not familiar with the area, it is a good idea to ask around for recommendations. By taking the time to do your research, you can avoid making a costly mistake.
5. Not Asking Hidden Charges Ahead
Many landlords will try to sneak in additional fees, such as pet fees, cleaning fees, or painting fees, which can add up quickly. The best way to avoid this is to ask about any potential fees before you sign the lease. This way, you can budget appropriately and avoid any surprises down the road.
Be Aware of the Common House Renting Mistakes
If you’re looking to rent a house, be sure to avoid these common house renting mistakes! Otherwise, you may end up paying more than you should or end up in a less-than-ideal living situation. Do your research, ask around, and be aware of these potential pitfalls, and you’ll be sure to find the perfect place to call home.
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