In this series of posts, we’re going to be examining the most important things renters need to know. With a lot of misconception and misinformation, people often don’t know the extent of their rights or what they are entitled to as paying renters. Therefore, as we explore this pivotal information, ensure you are protected with a Ypsilanti Renters Insurance policy.
- Poor credit isn’t a deal breaker. It’s not ideal, but it doesn’t mean you can’t rent. Yes, it might be more difficult to find a landlord to approve you, but that doesn’t mean you’re out of luck. In fact, you can offer to pay a higher security deposit to give the landlord some peace of mind and you can also provide a recommendation from a former landlord to prove you pay rent on time each month.
- Know your rights. As one landlord advised us, your state likely has a tenants’ rights handbook available online. This will tell you what your rights are and services that might be available to you if your renting situation gets bad. This is especially important if you’re a first-time renter and don’t know the ins and outs of renting yet and how to hold your landlord accountable if something goes wrong, explains Life Hacker.
- Use the right tools. Moving to a new city? Don’t have the first clue about where to look? There are so many online tools you can use to find the perfect spot. PadMapper, Tulia, Hotpads, and WalkScore are a few of the top resources. Narrow your search by price, bedrooms, location, and more.
- Pretend as though you’re buying a home. The safety of the apartment, the location, distance to amenities and work, and even appliances should all factor into your apartment search. Think of the apartment in terms of what you’d want and expect in a home to determine if it’s the right fit.
- Negotiating the rent and preventing increase in price. Many renters believe they are bound by whatever price the landlord lists. However, this is not the case. If you rent from a private landlord rather than a management company, you have more leeway when discussing price. In addition, you can negotiate the terms of your lease to include a longer tenancy or offer to pay more up front to minimize your rent bill each month. Lastly, prevent a rental increase by reminding your landlord what a great tenant you are, that you pay your rent on time, and that you aren’t high maintenance.
Stay tuned for our next post that will go into more detail about the above mentioned points!
About Thayer Innes and Freeman Bunting Insurance Agencies
At Thayer-Innes Insurance Agency and Freeman Bunting Insurance Agency, we strive to protect renters like you with comprehensive packages. We pride ourselves on serving Washtenaw County with affordable and customizable policies. For more information about our products, contact us today at (855) 395-6316.