Finding a house to rent or buy is a tough decision owing to the different circumstance leading up to the quest for a new home. Choosing a house or apartment is a very personal decision and can be very challenging. It becomes more difficult especially when there is limited time involved or the available options are far apart.
Most of the time this decision is hard to make especially because it is emotional and we all have fantasies about the perfect house for us that would accommodate you, your family, your lifestyle, your current and future accessories and all the resources you might need like schools, transport malls and others.
Whether you are buying or renting it, the house will be your home in the foreseeable future and it is important to make a rational assessment of living in the given property rather than the emotional reactions (both positive and negative) that come with the viewing of the apartment which may be deceiving. You have to rationally review your priorities which will vary from one person to the other depending on your needs, family size, family needs, place of work and other logistics that will be associated with living in a certain area or property.
Below are five considerations to make before you choose your new house for rental
- Safety and security
When choosing the house, you should consider the safety of the physical property, the condition and how it is built. Have a look at any electrical wiring that is not insulated, hanging wires and any other hazard that may is associated with the way the property is set up. Have a clear look at the doors, the windows, the fencing and other external doors and asses how well they are designed to keep you, your family and your property safe and secure whether you are around or away. You should be able to asses about the security of the area and surrounding and potential natural disasters like flooding and landslides
- Area and surroundings
Your may also want to take a closer look at the area and asses it in comparison to your needs and how well it is suited for you. You have to look at the transport system and how convenient it is for you, the schools available in the area (if you have kids going to school), the shopping areas, the houses of worship for your religious needs and the general accessibility for your new home and any potential for nuisance in the area
- Property size and space
Another important consideration should the size of the property and how well you can fit in. you have to consider your family size (in terms of numbers and age – the little ones may need space to run around), you have consider your current belongings and accessories (e.g. cookers, fridges etc) and any other items that you might be considering to buy in the near future while you are still living in the apartment
- Accessories and tech features
Because the new property is supposed to accommodate your lifestyle, you have to consider the accessories and their working conditions like parking space, water heating, electrical wiring for your electrical appliances, antennae for television sets, internet connections, showers and toilet cistern parts, ventilation and any other inbuilt appliances and make sure they are available, well fitted and in perfect working condition
One of the most important consideration should be the costs associated with renting the given apartment. For starters you should consider the rent and what is included, how much deposit is required (and the conditions of deducting money from the deposit by the landlord/agent) and what bills you are liable for (water, electricity, security etc). Consider if there is anything that needs to be repaired and who bears the cost (you might need a written agreement with the landlord/agent in case you bear the cost or if he agrees to make the repair afterwards).
The above is general guideline that can help you make a rational decision on choosing your rental property but there are other general considerations that you may Want to consider depending on your housing needs.
Below is a general checklist you should also consider before moving in:
- Check out what needs to be repaired and ask the landlord/agent in writing
- If the landlord/agent agrees to make repairs, get it in writing
- Check all the inventory and accessories before you move in
- Get a copy of the tenancy agreement and make sure you fully understand it
- Get (and keep) your own signed copy of the tenancy agreement
- You can you ask previous tenants and neighbors about their experience with the landlord/agent and the property
- Check and note all meter readings on the day you move in