7 Tips That Make Renting A Home Easier

Tuesday, August 29th, 2017
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When it comes to renting a home, it is important that you understand the entire process. You should also know what rights you have as a tenant. Here are seven tips that make renting a home easier and can help you avoid the common mistakes some tenants make.

1. Bring your paperwork

As with most things in life, it is always good to be prepared. Ensuring you have all the proper paperwork before you visit with a landlord can help you keep track of things. Make sure you have your completed rental application, a copy of your credit report, and references from former landlords, peers, and employers.

2. Review the lease carefully

Do not sign on the dotted line until you have carefully reviewed your entire lease. Make sure you understand all the conditions required of you during your time at the rental home. There may be provisions in the lease that you decide you simply cannot live with. For example, there may be restrictions against pets, design alterations, or how many guests are allowed on the property at one time.

3. Get everything in writing

Many renters have found themselves in a situation where they believe their landlord stated one thing while he or she insists on another. That is why it is vital to get every agreed-upon condition in writing. Save copies of any correspondence between you and your landlord. Follow up oral agreements in writing with a letter that outlines your understanding of the terms.

4. Protect your privacy

One of the most common misunderstandings revolve around when your landlord can and cannot enter your rent house. If privacy is particularly important to you, this is an area where emotions can run high. Make sure you understand your privacy rights, including how much notice your landlord must give before coming into your rental home.

5. Buy renters’ insurance

In the case of theft or damage, the landlord’s insurance policy is unlikely to cover your personal losses. Renter’s insurance can cover your losses in a situation like this. If someone claims an injury on your property and decides to sue you, the lawsuit can also be covered by renters’ insurance. Pricing and policy coverage can vary depending on what you decide you need to protect. A $50,000 renters insurance policy costs around $350 a year, but there are cheaper policies if you don’t need that much coverage.

6. Protect your security deposit

Most security deposits are refundable, provided you understand the conditions you must meet to get them back. Make sure your lease is clear on the refund policy. Do a walk-through of the rental home with the landlord so you can record any existing damage on the premises before you move in. Your landlord should provide you with a checklist on which you can record anything that looks broken, chipped, or dinged.

7. Protect your safety

Before you move into any rental home, do some studying to ensure the neighborhood and property are safe. Find copies of your state or local laws that detail required safety devices that your landlord must provide. These can include smoke alarms, deadbolts, window locks, and carbon monoxide detectors. Research crime statistics in the area and find out if your rental home is vulnerable to theft. With some due diligence, you can also find out whether there have been any prior criminal incidents on the property. If crime is likely, there are steps your landlord may be required to take to keep you protected.

Renting a home in Amarillo, Texas

If you would like to learn about renting a home in Amarillo, Texas, contact the professionals at Highland Park Village today. You can call us at (806) 335-1451 or Contact Us by email to get more information about our available Floor Plans and Specials. You can also visit us in person at 13300 Bandera Dr in Amarillo.