Here is a great article Here is a great article I found on www.trulia.com written by Tara Nicholle Nelson, on the costs of renting & the costs of owning. Enjoy! – Julie Harrison, Princeton’s Rental Specialist ‘Everyone thinks that the costs of renting are limited to, well, rent! On the other hand, there is a […]
How to negotiate a better price for a rental lease
In any negotiation, the person with the most leverage tends to get the best terms. The more leverage you have over the deal and the other party, the harder you can negotiate. The less leverage, the less room you have to negotiate. Want to know if you have good or bad leverage in negotiating a […]
Princeton Rental Report, YTD Settled Princeton Rentals
Just a quick update on the state of the Princeton rental market: The Princeton rental market continues to be competitive this year as many people who might otherwise buy are choosing to rent first. Looking at the # of Princeton rentals that have settled in 2010 v 2009 thru the end of October shows just […]
What are a Tenant’s Responsibilities?
The more rentals I complete in Princeton the more I hear this question: What are my responsibilities as the tenant and what are the responsibilities of the landlord? The reality is that most rights and responsibilities of both the landlord and the tenant are spelled out in a lease. If you want, you can have […]
What to check when you move into a rental
Inspect the property Before you move in, make sure that the apartment has received a certificate of occupancy (C.O.) from the town housing inspector. Not all towns have laws requiring a certificate of occupancy. Call your town inspector to find out if the town has such a law. Also, check the following: Bathroom—Check the water […]
What happens when you break your lease?
What Happens When You Break Your Lease? What happens when you break a lease depends on the terms of the original lease agreement. Some landlords adhere strictly to this agreement. Others may consider why you are breaking the lease, how long you have lived in the property, how the property has been maintained while you […]
Princeton Rentals Market News
In looking at the number of Princeton rentals that have gone under contract in 2010 vs. 2009 it is suggesting a strong market. 1/1/09 – 10/14/09: 123 Princeton Rentals were leased 1/1/10 – 10/14/10: 159 Princeton Rentals were leased That is almost a 30% increase in the number of Princeton rentals that have leased ytd […]
A Tenants Basic Rights and Obligations
Ever wonder what a tenants basic rights are…? They vary state to state but here is a good list to live by: Your landlord can check your credit when you apply. This is to ensure you will be a good renter and pay your bills on time. However, you must give your landlord permission to […]
Do I Need Rental Insurance?
Renter’s insurance is something every renter should have. It is inexpensive, depending on the amount you take out and your area you will likely pay between ten to twenty dollars a month for the coverage. It will protect you from theft and loss from fire. Most people have been robbed or know someone who has […]