For Rent in 11208>Question Details

Tiffany Logan, Renter in Brooklyn, NY

I want to move by April. Is now a good time to start looking?

Asked by Tiffany Logan, Brooklyn, NY Thu Dec 27, 2012

I want to live in an area of bk that's not so far from the city and is a safe place to live and possibly raise a family.

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Larry Tollen’s answer
Absolutely. More properties will begin coming onto the market in March and April, but it's not to soon to start getting things in order and scouting around, this will enable you to learn the area you're considering well enough so that by March you should be in a position to move quickly the moment you see a new listing as you'll already know the area which it doesn't seem (based on your question) that you know all that well at present. Now's the ideal time to start educating yourself and narrowing things down.

Best of luck and I hope you enjoy and exciting 2013
0 votes Thank Flag Link Mon Dec 31, 2012
If your future rental is a co-op apartment that belongs to an individual landlord (e.g. someone who owns one or maybe two apartments in the building) - then you will have to be approved by the Board of Directors of that building. You will need to put together a board packet. It may take you up to two weeks or more to prepare. Additionally, the interview will not take place right away. Sometimes it takes over a month between you submitting the paperwork to the Board and the actual interview date. Based on the above - I recommend that you start looking at least two months or more before the move-out date unless you are focusing exclusively on private houses and rentals in buildings offered by the management companies.

Thank you,
0 votes Thank Flag Link Sat Dec 29, 2012
If renting, I seriously suggest you wait till 30 days before move out date. Most landlords will not want to commit to you, as you have a very long time to change your mind. Also you must understand that NYC (especially Brooklyn) apartments go REALLY fast. So what you see tomorrow, will most likely not be there in April.

If buying, definitely start looking now and start to talk to local agents/brokers. Also talk to mortgage brokers to get yourself "pre-approved" so you can have a better perspective at your budget. Besides, looking for a new place can be fun!
0 votes Thank Flag Link Thu Dec 27, 2012
If you are in the market for a rental in the NYC area, I would suggest you start your search in March for an April 1st move in. Landlords/Management companies are looking for the 1st & 15th or immediate move in. If you start looking too early, the places that you see will not be there, properties go very fast in the NYC area. Also, a landlord will not want to sign leases with you now, for an April move in. They are hesitant to do so because you have a lot of time from now to then to change your mind about moving into their apartment. They then will have to start their search again.
No need to pull your credit report in advance, more than likely, that report cannot be used. Management companies like to pull their own credit report, and landlords prefer that a broker pull the report, if they don't pull it themselves.
I suggest working with a broker, not only will you have more choices to choice from, but they will streamline the process for you, which will save you a lot of time.
0 votes Thank Flag Link Thu Dec 27, 2012
Hi, It's always best to get a handle on the market well inadvance of your projected move date. If you are looking to purchase a home then get yourself pre approved so that you know what a bank will lend you based on your current financial and credit statuts. they will be able to tell you if there are any obstacles and you'll have time to clear things up if needed. Once you know a price range then contact a local agent to send you listings on a regualar basis. I also recommend going to open houses yourself so you get a feel for what's out there.

If you are renting then pull a credit report, you can get one free a year at http://www.FreeCreditReport.com or http://www.AnnualCreditReport.com. Many times a landlord will want to see your credit report before renting to you. If there are any issues pulling it now will give you time to clear things up.

Good luck!

Chris
0 votes Thank Flag Link Thu Dec 27, 2012
Unclear are you looking to buy or rent; if purchasing begin researching areas of interest now, have your financials in order and visit with any licensed loan officer; also choose an agent to work with. If looking to rent, you can begin now as well....
0 votes Thank Flag Link Thu Dec 27, 2012
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