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Trulia, Other/Just Looking in San Francisco, CA

What are some tips for renters before signing a lease?

Asked by Trulia, San Francisco, CA Tue Mar 6, 2012

What are some things to be aware of? What are some tips when negotiating a lease?

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3
Brenda Cunningham’s answer
You should try to use the Arizona Association of Realtors lease form as it has more protections for buyer and seller in it. Also try to get a "home purchase clause" put into the lease if you are going to want to purchase a home in the future. This can help so that if you find a great home you don't have to wait for your lease to end, or pay for a few months of lease payments and house payments. Some lenders will not qualify you if your ratios won't hold both payments.

Also check to see if the home is in foreclosure as there are some owners trying to get a little money prior to a foreclosure and not telling the tenants that they will have to get out soon.

Best Regards,

Brenda

Ron & Brenda Cunningham
West USA Realty
602-980-3133

***** Recognized in the Phoenix Business Journal as "One of the Top 50 Realtors in the Valley" *****
2 votes Thank Flag Link Tue Mar 6, 2012
Please always read the lease thoroughly. This is the greatest challenge with renting homes. If the tenant does not fully understand the terms and the obligations of the lease it makes it difficult for both parties to have a mutually happy and professional relationship. Keep in mind that landlords run a business and provide you "quiet enjoyment "of a property. In turn, it's important that you respect their need, and your agreement, for rent to be paid on time. A happy landlord and tenant relationship may even get the tenant that ceiling fan or new light fixture or some kind of other little perk that the landlord will agree to.

Time is very valuable for everyone, these little tips will keep you and your landlord on the path to a good relationship and save both of your time and frustration.

Good Luck!
0 votes Thank Flag Link Mon Nov 12, 2012
Yes I agree, make sure you put it in writing that the landlord to be up to date on his monthly loan payments, HOA monthly dues, taxes etc.. so that you don't find out after moving in that the owner is going to list the property for Short Sale or losing the property either to foreclosure or bankruptcy!
Web Reference: http://www.azmove1.com
0 votes Thank Flag Link Tue Mar 6, 2012
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