Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Rentals in Cordova : Real Estate Advice

  • All100
  • Local Info4
  • Home Buying26
  • Home Selling1
  • Market Conditions9

Activity 5
Sat May 2, 2015
thinz answered:
It will be more difficult but not impossible to do. Will depend on the seller and their flexibility based on what you can show. If it were me, I'd have a problem if you could not show me a recent tax return that documents something about your income. If you could show me a recent return, and had bank statements for the past 6 months showing regular deposits that support your employment, that would help. You may be required to put more of a deposit down to hold the property in a lease agreement...again depends on the motivation of the seller and the best job you can do to prove your credibility. Good luck. Tom Hinz www.shortsaletosell.com ... more
0 votes 1 answer Share Flag
Mon Jul 29, 2013
Trevor Curran answered:
Good afternoon Calvin,

I’m no real estate agent, just a humble Mortgage Banker, but I can give you some guidance on your search for the right rental apartment.

In my experience in the real estate trade, I’ve discovered that the consumer is best served by adopting some simple strategies, whether you’re buying a home, selling one, or renting an apartment.

First: remember that real estate agents work on commission. The better quality agents---and those with the most experience---will be testing you from the initial contact to determine if you’re serious and will commit to using their services. Why? Because real estate is like any other business; you don’t sit at a table in a restaurant to read the menu without actually buying food at some point. It’s the same concept: the experienced real estate professional has to earn a living by renting apartments to serious and qualified prospective renters.

Therefore, the smart consumer should be well-prepared and committed to respecting the real estate professional’s time. Prepare yourself with three fundamentals: amenities, location, and price.

Know your requirements for the apartment you wish to rent in terms of amenities (one bedroom versus three bedrooms; elevator building or private house), location (proximity to public transportation or need for parking), and price. If you present yourself as well-prepared you’ll have a better chance of working with an experienced agent who will work hard to find you the right apartment.

Second, start with the internet---especially TRULIA.com---but stay “local.” Here on TRULIA.com you can easily find a local professional by clicking on “FIND an AGENT” at the top of this page. There you can hone in on a seasoned professional in exactly the area where you wish to rent your apartment.

TRULIA provides exceptional tools to help you as a consumer understand the quality of the professional you’re working with. Read the agent’s profile; check out the recommendations from previous clients; get to know the level of experience of the agent and the areas that agent covers.

Third, real estate agents are prevented by Federal regulations from answering certain types of questions. They cannot discuss schools or school districts, crime statistics, and a variety of other issues prohibited by Fair Housing regulations. If your agent is vague when you ask certain types of questions, now you know why.

Finally, demonstrate your level of seriousness to your real estate agent. Show up on time for your appointments to view apartments. If you’re required to submit documents for the Landlord to review with your rental application, get them into your agent’s hands pronto. Not only does this help you potentially get one step ahead of a competing renter, but you’ll be viewed by the Landlord as a responsible renter. Landlords prefer responsible renters, don’t they?

I hope that helps you improve the results of your search for an apartment, and helps you with a better quality experience.

Trevor Curran
NMLS #40140

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
... more
0 votes 2 answers Share Flag
Sun Nov 4, 2012
Sherry Hulen answered:
I met with a builder the other day that will have several for rent around mid nov.
new construction, 2 car garage
if you would like some help message me at
shulen@crye-leike.com
0 votes 2 answers Share Flag
Sat Dec 4, 2010
Lisa Nelson answered:
The first thing you should do is have a mortgage professional take a look at your credit. That person will be able to identify what the issue is that is keeping you from qualifying. Once those items have been identified they will let you know what needs to be done in getting those items straighten out. Ask the mortgage professional based off what they see and if you correct those items how long should it take before you can qualify for a mortgage. Once you have an indication of how long it is going to take to qualify then contact a Real Estate professional like myself to help you locate a lease purchase home. You should know or have an ideal of how much you can put down as a down payment and how much you can afford to pay monthly. Knowing these things will help in the negotiation process to help find the best home for you. ... more
0 votes 1 answer Share Flag
Search Advice
Search
Rentals in Cordova Zip Codes

Followers

87