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What to ask when looking at buying an apartment?

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What to ask when looking at buying an apartment?

7 Essential Questions to Ask Before Buying A Condo

  • How good is the soundproofing?
  • How much are the monthly condo fees and what are they used for?
  • How do the monthly fees compare with similar nearby condo complexes and what services are included?
  • Has the condo unit been professionally inspected?

How do I choose a broker in NYC?

Steven James, CEO of Douglas Elliman New York City, recommends the best way to find a broker is to decide which neighborhood you want to be in and then decide how much you want to spend. After that, James recommends doing an online search and find properties that interest you and see which agents list those properties.

What do you say when interested in an apartment?

Dear (Name of landlord or property manager), My name is (Your name) and I have a keen interest in renting the apartment you have available at (Property name or address). I currently live at (Your current address) and have lived there for (XX) years.

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How should I prepare for an apartment viewing?

The perfect apartment tour checklist

  1. Check floors, walls and ceiling for any water damage, mold, mildew, etc.
  2. Open and close every window.
  3. Make sure all doors open and close securely.
  4. Plug something small, like a phone charger, into each outlet.
  5. Test all light switches to make sure they all work.

What questions should first time home buyers ask?

11 Questions to Ask When Buying a House for the First Time

  • How Much Can I Afford?
  • Do I Have Money for a Down Payment?
  • How Much Will Property Taxes Cost?
  • What Are Closing Costs?
  • What Are the Hidden Costs of Owning a Home?
  • How Much Will It Cost to Move Into My New Home?
  • Do I Have an Emergency Fund?

What to ask sellers at closing?

6 Questions to Ask Your Home’s Seller Before Moving In

  • What’s the history of the house?
  • Where to go and who to know?
  • What surprised them when they moved in?
  • Where is it and how does it work?
  • Is there anything you’d like to leave?
  • What did I forget to ask?

Are there still broker fees in NYC?

Many renters seeking to move in New York City have to pay up to 15 percent of an annual lease to brokers — regardless of whether they helped find the apartment. After a legal battle, the state affirmed this week that broker fees were legal.

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What questions should you consider when searching for a rental property?

15 Questions to Ask Before Renting a Home

  • What’s the rent?
  • How much do you need to move in?
  • Do you need a guaranteer?
  • Who pays for utilities?
  • Are there any other fees you’ll have to pay?
  • What does the lease say about the security deposit?
  • What’s the lease term?

How do you beat a potential landlord?

Bring the following information to your meeting with the landlord or property manager so you can fill out your application on the spot:

  1. References. Have a written list of at least three references.
  2. Past rental or residence information.
  3. Proof of ability to pay.
  4. Financial information.
  5. Pet data.
  6. Liquid funds.

Should I bring anything to an apartment tour?

Come Prepared to Rent When doing an apartment tour, it is also best to bring all the necessary documents with you such as certificate of employment, proof of income, W2, and tax forms. However, if you find that the apartment is not for you, just pocket the information and move along to the next property.

What is a sublet?

A sublease is the re-renting of property by an existing tenant to a new third party for a portion of the tenant’s existing lease contract. The sublease agreement may also be called a sublet.

What are the 21 questions to ask when tour an apartment?

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21 Questions to Ask When Touring an Apartment. 1 1. What are the lease terms? 2 2. How much is the rent? 3 3. What’s required to move in? 4 4. Are utilities included in the cost? 5 5. How much do utilities cost, on average, if they’re not included?

What should I look for when looking at an apartment?

It is also essential to know if the apartment you’re looking at really fits into your budget. Ask how much the unit will cost per month and what the manager’s late rent policy is. Be sure to find out if there’s a grace period if you get delayed making a payment.

Why do I need to tour the property before booking?

It ensures the time you spent touring a potential rental isn’t a waste of energy and gives you a chance to see if the space, and the management company, are the right fit. The first time you see a place is the best time to get all your questions answered.

What happens if you sublet an apartment without permission?

Your lease should specify, but don’t hesitate to ask an apartment manager or landlord to clarify the situation. Subletting without permission can lead to eviction. There’s also the fact that you’re still responsible for any damages to your apartment — even if they’re not made by you.