Gettin' Real: A Real Estate BlogGettin' Real: A Real Estate Blog

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Gettin' Real: A Real Estate Blog

Many people say they don't really feel like an adult until they buy their first home. It is a huge step. Rather than letting a landlord make all important repairs, you take on this responsibility yourself. You also get to build equity in the home over time, which can be a rather smart investment. At the same time, buying your first home can be a little intimidating. You may have questions about applying for a mortgage, setting a budget, and shopping efficiently. We hope to answer those questions with our helpful content. Your real estate agent is a good source of information, and so is this blog.


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What To Expect When Applying For An Apartment Rental

If you want to move into an apartment, you will need to start the process of searching for the right one to rent. When you eventually find it, you will need to work through the application process. This process often contains multiple steps, and you might have some questions about these steps if you have never rented an apartment before. Here is a guide that might help you learn more about what to expect as you prepare to apply for an apartment rental.

You Must Complete an Application

The application process for an apartment rental requires completing an application. The applications that most property managers use are not complicated, but they might ask a lot of questions. The main things the apartment manager needs to know are your basic personal details, your job, and your credit. As a result, the application might ask you to agree to a credit check and background check. If you sign the application and give it to the landlord, they will check these things.

You Might Need to Pay a Non-Refundable Fee

Additionally, the landlord might ask for a non-refundable fee. The purpose of the fee is to ensure that you are serious about renting the apartment. When you pay this fee, the landlord knows that you are not wasting their time, as a person would not pay the fee if they did not want the apartment.

The Landlord Will Screen You

After turning in the application, fee, and anything else the landlord asks for, they will screen you. During this step, the landlord will review many details to ensure that they want to rent an apartment to you. This process might take a few days to complete.

They Will Require Signing a Lease if They Approve Your Application

If you pass the screening, the landlord will contact you to let you know they approved your application. At that point, they will ask you to sign a lease. Once you sign it and pay the necessary fees, you will get the keys to your new apartment. You might want to perform a walkthrough of the unit with the landlord when you take possession of it to document the apartment's condition.

These are the steps to expect when renting an apartment. Are you ready to start searching for the right unit? If so, read through classified ad sites or contact a local apartment manager to learn more about available units.