Are you moving out on your own and into apartment? Well, though this is a common occurrence, may people underestimate how important it is to be organized and prepared when searching for a new apartment. In fact, if you are shopping around for Toronto apartments, there are five things you should keep in mind while searching.
Be Practical About Your Budget
It’s extremely important that you remain realistic about your goal. It’s best that you budget to spend no more than 30 percent of your yearly income on housing expenses. Though in cities which have a high standard of living, such as California or New York, you may need to budget for a bit more. However, if you’re looking for Toronto Apartments, then the key is to ensure that you have enough money left for your daily expenses and monthly bills. In some cases, it may even be advantageous to seek out a roommate to help with the costs. Once you have found an apartment that fits your budget, make sure to ask your landlord about rent increase. If so, how much is the average rent increase?
Be Prepared To Pay For Extras
Not only should you make sure you have enough to cover your rent, you should also consider any extras. Not only will you be expected to pay your rent, you’ll also be responsible for bills such as electricity, heat and your cable. So ask the renter if they include utilities. If they do, then you overall costs will be much lower than if you were to pay your rent and utilities separately. If you do have to pay for your utilities separately then factor these expenses into the budget.
Pay Attention To The Neighborhood
One of the most important things to do when looking for an apartment is checking out the neighborhood. Though it may be nice to have an apartment that features a beautiful interior, you should also consider how close it is to your place of employment, friends and family. This is especially the case if you are relocating to an entirely different city; ask your new employer how close they are to your potential apartment. You should also be aware of how close your housing will be to the nearest public transportation, grocery stores as well as restaurants. Pay attention to how safe the neighborhood appears. Is it well-lit?
Do A Thorough Walk-Through
You would be surprised to learn how many tenants fail to do a proper walk-through of the apartment before signing their lease. In fact, some individuals rent directly off of websites like Craig’s list and rent their place site unseen. This often leads to a host of problems. That’s why you should always do a thorough walk-through of the property and make sure that everything is in working order. Is the stove in working order? How old is the refrigerator? Does the water run hot for at least half an hour? You should also take not of all preexisting issues such as scratches on the floor and wall so they will not be deducted from your security deposit whenever you decide to move out.
Make Sure Everything Is In Writing
Large apartment communities usually require you to sign a lease. However, if your renter is an individual who is a average property owner then he or she may be a bit more relaxed when it comes to the paperwork. No matter the situation, you should never simply take someone at their word or on a handshake. Your paperwork should answer questions such as how long a landlord has to give you to move out. It should let you know if your security deposit refundable. You should also know if you will be responsible for making repairs.
Finding a new apartment is easy. You just need to be aware of the most important factors. With a little patience and research, you’ll find the ideal home for you.…Read More...