There’s no question that the Lakewood Ranch housing market was hit hard over the past few years. For that reason, you can easily understand the reason why many people believe they could get their choice of any of the Lakewood Ranch rentals in the marketplace at any price they wish.
Yet, the reality is, the Lakewood Ranch rental market is actually quite hot and Lakewood Ranch rentals are certainly not simply being dunped onthe market at any price. In fact, the truth is, many prospective renters are competing for the same rental property. Yes, while a lot of homeowners are forced to rent out their house because of the current housing market, every person’s financial situation is different and one can not assume to get an awesome deal merely because they’re a nice couple with no pets. Unfortunately, that is what many individuals are assuming.
Here are a few tips for people currently looking for Lakewood Ranch rentals and wanting to negotiate a good deal. A landlord will only make negotiations of the rent after these steps:
1) The tenant has actually visited the property in person. Do not bother putting in an offer if you have not even personally seen the property.
2) The tenant has completed the application form and paid for the application fee.
3) A credit report has been run. Yes, the landlord is going to run your credit history. Telling lies about your credit history won’t do you any good.
4) The landlord knows how long of a lease and just how much down payment and advance rent is going to be put down.
By simply performing these things a landlord is much more likely to consider you as a tenant and then could be ready to negotiate the rent.
Having said that, here is the biggest tip of all…
5) You need to be practical! If you can only pay $1400/month then din’t bother looking at houses that are being listed at $2400/month. Yes, a landlord might be open to negotiations with a tenant which has favorable credit and has followed the rest of the steps mentioned above, but please don’t offend them or waste their time by putting in unrealistic offers. You best bet is to shop in your price range!
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