Real Estate Blog – Condotron

Condos – Properties – Real Estate – Mortgages

01 Nov

When It’s OK to Back Out of a Real Estate Deal: 2

Posted in Real Estate on 01.11.09

tenant 2So, when is it okay to break the deal? If the house of your dreams has any debts, it may not be a good idea to keep your offer in the pot. At the very least, calculate how much you will be left paying.

If you find any structural damage, that’s it. Do not worry about any deals, just get out as close as possible. No real estate deal is worth the health and safety of you and your family.

You also need to make sure that the location suits your needs.

For that matter, the size of your house needs to suit your needs as well. If you are looking to buy a cute house but plan to expand your family … well, thinking for the future is always smart.

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31 May

Renting An Apartment? Some Tips You Should Know! Part 3

Posted in Apartments on 31.05.09

renting-2In addition to looking good on paper, you have to take a few other steps in order to make sure that you get the best apartment possible.

Primarily, you need to sit down and make sure you will be able to afford the units on your list of possibilities. A lot of things may affect the amount of rent you have to pay, including the desirability of the locations you favor. It is best that your rent not be greater than thirty percent of the amount of income you actually take home each month.

Thus, it might be beneficial to get a real estate agent to help you out. An agent can make it easier to find the rental units and properties in your price range. In certain markets, this is actually a free service. You may also have to pay a percentage of the rent you wind up paying.

If you find you cannot quite afford the rent on a particular unit, and if you do not have one already, you may consider taking on a roommate. There are even roommate services which can place you with a suitable housemate.

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30 May

Renting An Apartment? Some Tips You Should Know! Part 2

Posted in Apartments on 30.05.09

rent-apartment-1So, you have found some apartments in some locations that you love.  You are now ready to take the next couple of steps in renting an apartment.

First of all, you need to make sure you are fully prepared. You need a resume for everything these days, including an apartment rental. So, now you need to make a resume specifically for renters. Your previous addresses — preferably five, if you can manage that — and the phone numbers for your landlords needs to go on it. You also need to include employment histories, length, and the numbers for your employers. The amount of money you make should be included, along with references. It can even be helpful to include a copy showcasing your credit report.

Of course, some potential landlords may not require all of this information. You can feel free to call the landlords on your list of possible apartments to see what they would like to know about you, as a renter.

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