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Home » Family Articles » Apartment Searches Lose The Rosecolored Glasses First

Apartment Searches: Lose the Rose-Colored Glasses First

If you're getting ready to rent, don't do what this editor did once ... a long, long time ago.

Don't walk into the unit -- particularly if it's not the same unit you're getting ("It's pretty similar," you'll be assured, but don't listen) -- nod, and let that affordable rent lure you into blurting out, "I'll take it!" (That exclamation is often fueled by that familiar lust for freedom that new twentysomething college graduates experience. The fear of another year under Mom's and Dad's roof is a powerful motivator, and suddenly, a box under the nearest bridge seems to offer an attractive ambiance when you tilt your head to just the right angle.)

I've learned a few things since then. For instance, if the leasing agent mentions that they're considering replacing the carpet in your home-to-be, that means they don't have any plans to do so -- certainly not before you move in, and after you're there, well, it's simply too much trouble to make the effort then. It's too late at that point; they'd have to move your furniture.

This isn't to say that property management companies universally are deceiving their tenants. Not true. Today's multifamily housing market is more competitive than ever, and complexes left and right are extending themselves in an attempt to provide the best services within their means. But that's due partly to the latest generation of consumers. We're educated, we're inquisitive, and many of us are online. In short, we're dangerous. If Complex A can't give us what we want, we'll cross the street to Complex B, or wait for the dust to settle on Complex C, which is still under construction. (Of course, leases already are being signed on Complex C, even though the units aren't finished.) That's the reality of today's apartment market.

Before you sign anything, walk in armed with a list of questions. Fire away, and don't be afraid to press for answers -- particularly if you're not getting straight answers. And if your prospective complex passes with flying colors, and you decide to become a resident there, hang onto your list. It will serve as a handy resource if your landlord or management company fails to live up to the claims initially made -- whether those be related to maintenance issues or various services.

You may want to consider doing a little investigative journalism, as well. Beyond straight Q&A with a leasing agent or landlord, take a look around the property in question, taking notes of what you observe. And talk to tenants; they're perhaps the best resource of all, and nine times out of 10, they're only too happy to talk. In addition, you may want to review your state's sanitary code, which should then serve as a basis for comparison when you're checking out the conditions in an apartment.

Here's a list of questions, divided by category, that serves as a good starting point when you begin your apartment search:

Rent and fees:

1. What is the monthly rent?
2. Is a security deposit required? If so, how much is it, and under what conditions is it held?
3. Does the landlord require payment of last month's rent in advance?
4. Do you pay extra (and if so, how much?) for utilities, storage space, air conditioning, parking space, late payment of rent, etc.?
5. Does the lease indicate that the rent can be increased if real estate taxes are raised, the prices for sewer and water assessments are increased, or for any other reason?

Facilities and services:

1. Assess the maintenance services: Is there a resident superintendent? Are maintenance hours restricted? How is emergency service handled?
2. How is trash disposal handled? Are facilities accessible? Is recycling available?
3. Laundry facilities? How many available? Security?
4. Building lobby: Is it clean and well-lit? Security?
5. Entrance and exit: elevator? Are stairs well-lit? Fire exits?
6. Hallways: Clean and well-lit?

Rental unit conditions:

1. Are there signs of insects present?
2. Bathrooms: clean? Plumbing in good working order? Tiles sound?
3. Kitchen: Is sink in good working order: Stove? Refrigerator?
4. Air conditioning: good working order?
5. Wiring: Are there enough electrical outlets? Is the wiring sound?
6. Does the heating system seem to be in good working order?
7. Is there a fireplace? Check to see that it is clean and operates well.
8. Windows? Are any broken? Do they all open? Storm windows? Screens? Locks?
9. Floors: Are they clean?
10. Ceilings: Are they clean? Cracked? Water-stained?
11. Walls: Are they clean? Is the plaster cracked? Paint peeling?
12. Telephone: outlets present? Convenient?
13. Is ventilation adequate? Is there an exhaust fan in kitchen?
14. Lighting: Is it adequate? Are fixtures in good working order?
15. Security: Does the door have a dead-bolt lock? A security chain?
16. Storage space: Is it adequate? Kitchen and bathroom cabinets?
17. What is the noise level in the area around the rental unit? Traffic? Neighbors?

Source: The University of Massachusetts Commuter Services and Housing Resource Center

Throughout all of my apartment searches, the best lesson I learned came from a leasing agent who told me upon my first visit to his complex that "If you told me you were ready to sign a contract today, I'd advise you not to. Look around. Come back at night, and see who your neighbors are going to be. A complex at night is very different from a complex during the day." I've come to realize that's sound advice. Don't sign right away. Don't be scared into thinking that apartment won't be available tomorrow. Mull it over, do your homework, and get the answers you need before signing on the dotted line.

And here is another random article you might be interested in...

Can Credit Counseling Really Help?

If you have high debt, and are in trouble, you have probably heard the term "credit counseling," but do you understand what it is? Oftentimes this term is used in the same sentence as debt negotiation or debt settlement, but actually, it's a completely different process. With credit counseling, you will actually work with a professional credit counselor to pay off your debt in lower, monthly payments that you can afford.

The people most likely to need credit counseling are those who are receiving troubling phone calls from bill collectors, or whose accounts have gone to collection agencies. If you think that you may benefit from using a service like this, please read on to find out the best way to work with a credit counseling company.

First, you'll need to be able to find a good credit counseling company, and not fall victim to one of the many credit counseling scams that are out there. Start by avoiding any ads that promise you quick fixes for your credit report. There is no such thing. Instead, look for a reliable company that is accredited by Consumer Credit Counseling Services.

Next, you'll have to meet with a professional credit counselor, and provide them with all of the details of your debt. Don't be tempted to leave anything out because they will need the information in order to create a re-payment plan made just for you.

Now, you can sit back and allow your professional credit counselor to work for you. They will contact all of your creditors and inform them that you are trying to create a plan that will allow you pay off your debts. They will work with them all and coordinate a re-payment schedule that you can live with. Many times, they will be able to lower your interest rates in order to allow for lower payments.

Some credit counseling services offer a debt management system. What is it? Instead of having to keep up with all of the payments yourself, you will have the option of submitting one lump sum payment to the credit counseling service and they will do it for you. One note of caution here: there have been instances of a credit counseling services paying their client's payments late, and if that happens, your credit report will suffer for it. Knowing that, be sure to check out the company thoroughly, by checking references, before signing up for their debt management program.

What will you pay for all of these services? A reputable Credit Counseling Service will only charge you a small fee, somewhere around fourteen dollars per month. If they are asking for alot of money up front, they may not have your best intests at heart. Be on the look out for potenial scams.

You should also be aware that working with a credit counseling service can do some damage to your credit report. However, the good does out weigh the bad. After all, it's much easier to explain an honest attempt to get your finances in order than it is to explain a bankruptcy or a credit report full of charge-offs.