Questions to Ask Yourself: Renting vs. Buying
It’s time to move. You’re ready to leave your old rental property, and the question now is: do you buy a home or continue to rent? It’s a big decision to make, and there are a lot of factors to consider. Middel Realty wants to help you make the best decision for your family, so in today’s post, we’ll be going through a list of questions you should answer before committing to buying a home. If you choose to keep renting, choose a property management company that cares about you.
Middel Realty is dedicated to giving you the best rental experience possible, which is why we offer fast maintenance services and a 24/7 help line where you can always reach a Middel Realty employee. Keep reading to determine if renting is right for you and then explore our current Fort Collins listings!
Is Buying a Home Practical?
We’ve written about this decision process before, and a lot of the questions we encouraged you to ask yourself were straightforward and finance-based. In our original post, we asked you to consider what kind of monthly payments you could afford, and if you were prepared for all the costs of owning a home. The questions in that post also asked you to think about the state of the real estate market and how long you planned to stay in the area. Today, we’ll be talking about some of the more personal factors that might affect your decision to rent or buy a home. You can return to that original blog post on buying versus renting to review those questions and then continue with part two in today’s post.
What is Your Relationship Status?
When we say “relationship status,” we don’t just mean single or married. Buying a home is a big commitment, and if you plan to buy that home with a partner, you need to be confident in the long-term stability and strength of your relationship. It might be hard to consider honestly, but making a big decision about something like home ownership requires asking the hard questions. It’s better to have an uncomfortable conversation now than have something happen later on and have to go through the complex process of selling your home because you can no longer afford it on your own.
Not only should you evaluate the current status of your relationship, you should also think about what the future might hold. There might be just two of you now, but what about in a few years? How might your family grow and change? Because buying a home is a long-term investment, you need to make sure that if you buy a property, it can accommodate whatever the future may bring. If you are unsure of what kind of relationship you might have in a few years or these questions make you squirm, then renting is a likely a much safer option for you.
Are You Ready for the Responsibility of Home Ownership?
In our original post discussing renting versus buying a home, we made sure you were ready for the financial responsibilities of real estate investment, which will include the upfront costs of a home, closing costs, property taxes, and maintenance costs. However, there is more to owning a home than simply paying the bills; there is more personal responsibility and hands-on work required. You have both the freedom and the obligation to make decisions about your property.
It can be a thrill to redo the bathroom and hang up art with real nails instead of plastic hooks, but when something goes horribly wrong with the plumbing, there is no landlord to call. You need to find a way to fix things, whether there’s a crack in the foundation or roof damage courtesy of a fallen tree. There can be a lot of joy and fulfillment in being a homeowner, but there will also be times of stress, and sometimes the requirements on you can be emotionally and physically exhausting. Are you ready to make that commitment at the same time you write that first check? If not, renting can give you the experience of making a place home without the constricting responsibilities.
What are Your Career Plans?
We touched upon defining your long-term plans in our first post about making this big decision, but we didn’t discuss one of the biggest factors in determining those plans: your career. Are you happy with your current job? Is it a stable, long-term opportunity? If you are confident that you’ll have a well-paying position for years to come, then buying a home can be a smart investment. On the other hand, things change, and renting gives you the flexibility to change with the times. You have the opportunity to move for a better position or adapt if your company makes changes.
There is a lot to consider when you are debating whether to buy a home or continue to rent. Owning a home can afford stability, but that stability can become a trap. The major disadvantage of renting – the fact that it is a temporary situation – is also the advantage, because it gives you the flexibility to move and change. Hopefully, answering a few questions can make the choice easier. If you are in a stable, long-term relationship,or you have a steady job that you love, then those factors can make buying a home easier. On the other hand, if you aren’t prepared to take on all the responsibilities of home ownership, renting is a good compromise.
Is renting right for you? Let Middel Realty shoulder the responsibility of property management. We have been offering high-quality, single-family rental homes in Fort Collins for 25 years and we pride ourselves in going the extra mile to ensure your satisfaction. Not only will you enjoy prompt and reliable maintenance service, you’ll also have peace of mind knowing that you’ll be able to reach a Middel Realty employee at any time, any day of the week. Find your next dream home in our Fort Collins rental listings and contact us today to learn more!
Winter Moving: Pros and Cons
Moving is a big change and a big opportunity. Whether you are moving just to get away from a bad situation or you have spent months or years saving up for the home of your dreams, you probably plan to move as soon as you can. However, there are a lot of advantages that can come with thoughtfully choosing a moving date. As we mentioned in one of our previous blog posts, taking the time to consider what your ideal moving date might be can save you money, time, and stress. Most Americans move between the months of May and September and, as discussed in part one of this series, there are some nice benefits to moving during the summer. The weather is often beautiful, there are a lot of rental properties to choose from, and it is easier to schedule a big life change like moving without having to worry about school, whether you are a college student or a parent. However, moving during peak season also has its drawbacks, which is why, in today’s post, we’ll be talking about the advantages and disadvantages of moving in the winter instead.
Whether you want to take advantage of the warm spring weather or embrace the benefits of moving during the winter, Middel Realty is ready to help you find the perfect rental home. We have been involved in the Fort Collins real estate market for more than 40 years and we have built our business on providing beautiful single-family rental homes and exceptional customer service. We’ll help you find a quality rental home and we’ll always be available if you need help. There will always be Middel Realty employee on call – 24 hours a day, seven days a week – if you ever need assistance in an emergency. Are you ready for an unparalleled rental experience? Explore our current Fort Collins rental listings and contact Middel Realty today.
Rent is often the most significant expense in anyone’s budget. If you have ever wished that you could negotiate a more affordable monthly payment, then you will want to move in the winter. Most people move between May and September, which means that if landlords have any empty apartments or rental properties that need to be filled, they will have fewer potential tenants to choose from in the winter. They lose money every day that one of their rental properties sits empty, so they may be open to negotiating your rent.
Low demand also means lower costs when it comes to moving services. With so many people moving in the summer, moving companies and truck rental agencies are likely to be busy. High demands means they can charge more for their services. On the other hand, their rates are likely to be more affordable during the winter because there is less competition for their services.
There may be a lot of options when you look for a rental home in the spring or summer, but there will also be a lot of other renters looking at the same properties. You can avoid a crowded field of potential tenants by moving in the winter. There will be fewer open units, but you also won’t have to fight over those units with a crush of college students recently graduated or released from classes. There will also be more availability in the schedules of moving companies and truck rental agencies, so you can get the people and the equipment you need when you need them.
There are a lot of holidays to work around if you want to move between September and May. You don’t want to miss out on the important time spent with family and friends, and you might be limited by an extra tight budget. Affording everyone’s gifts and moving expenses might be a challenge. However, moving right after a major holiday can be a smart move. You can use the holidays to organize get-togethers and goodbyes before you leave and make sure that you get a chance to see all of the people that you care about before you relocate. You also have the opportunity to give out your new address to everyone, including those relatives who always send their holiday cards a little late.
If you are making a long distance move and you have a choice of when you move, you might want to reconsider your reasons for relocating in the winter. Traveling long distance can be difficult in of itself, but winter adds another set of challenges. Travel conditions are likely to be bad, whether that means a little ice on the road or limited visibility blizzard conditions. If anything goes wrong while you’re on the road, you’ll have to contend with the cold weather. We doubt anyone would look forward to sitting in a snowy ditch waiting for help or changing a tire when the temperatures are below freezing.
You also need to consider the items you are bringing with you as you travel across the country. Most moving trucks available for rent do not have climate controls for the cargo bay. If you are moving from a warm climate to a cold climate or vice versa, the freezing and thawing processes may damage some of your belongings. You should also think about protecting any items that would be vulnerable to freezing overnight, such as plants or liquids, which may mean unloading them every evening and repacking them again the next morning.
You can never guarantee the weather, no matter what time of year it may be, but moving during the winter can be especially hazardous. Even if you are moving locally, you still have to transport your items from one place to another. Moving heavy items like a couch or a dresser can be dangerous in icy conditions. Friends and family may also be less inclined to help you move if they have to wear heavy coats and winter gear.
It may seem like the disadvantages of moving in the winter outweigh the disadvantages of moving during peak season, but there is some serious value gained when you are willing to bear less favorable weather. If you are on a budget, moving between September and May can save you money in both the short-term and long-term. Not only will professional movers and truck rentals likely be more affordable, but you will also have leverage to negotiate your rent. If you plan to live in Colorado, you’ll have to get used to the cold and snowy conditions anyway!
Whether you decide to move during peak season or not, Middel Realty is always here to help. We treat our tenants like family, providing high-quality single-family rental homes and 24/7 emergency assistance. Are you ready to find a rental home your family will love? Explore our Fort Collins rental listings today and call Middel Realty!
Summer Moving: Pros and Cons
Most Americans move between May and September. There are a few reasons why, but as we covered in our last blog post, choosing your moving date shouldn’t be a blind decision. You can save yourself time, money, and stress by carefully selecting a moving date that works best for you. Our previous post covered the best time of day, time of week, and time of month to move. In part one of this two-part series, we’ll be covering the best time of year to move. There are arguments to be made for both moving in the summer – during peak season – and for moving in the winter. Today, we’ll be discussing the advantages and disadvantages of moving during the summer.
Whenever you choose to move, Middel Realty has move-in ready rental homes available in prime Fort Collins locations. We pride ourselves on maintaining high-quality, single-family homes and providing unmatched customer service to our tenants. If you want to find a rental property you love, and a great property management company to go along with it, choose Middel Realty. Explore our current listings and contact us today for more information!
Lots of Options
Many leases start and end between late spring and early fall, which is one of the reasons that May through September is peak moving time. Lease turnover means that there are plenty of properties opening up from previous tenants. You’ll have a lot of homes to choose from, so you will be more able to find the home that you truly want. There is an especially large rate of turnover in college towns like Fort Collins, with a significant portion of the student population relocating every spring and fall.
Another reason most people move during the summer is because it lines up best with their schedule. If you have kids, it can be easiest to move while they are out of school for the summer. You don’t have to schedule packing and moving activities around homework or soccer practice and your kids can spend the school year focused on doing well rather than a big life change like moving. The freedom of summer also gives them the opportunity to say goodbye to old friends before moving and make new ones before starting at a new school. Relocating right before the school year starts or right after it ends can be jarring, making it harder for kids to adjust.
Especially if you live in a place like Colorado, which can experience fierce winter weather, summer offers much better conditions for moving. You can enjoy the sunshine as you scout out possible new homes and explore open houses. You can also avoid freezing temperatures and snow when it comes to actually moving your belongings from one place to another. Not only can winter weather be inconvenient, it could also make your move more dangerous. It’s a much better idea to haul big items like a dresser or couch when there isn’t ice on the ground.
The fact that most leases end in the spring means that many properties become available in the summer, but it also means that there are a lot more renters looking for a new place to stay. You have the chance to find the perfect rental home, but you may have to fight other potential tenants who think it’s their perfect rental home, too. Avoiding peak moving season thins out the competition and gives you more leverage as a potential renter, which we will discuss more in part two of this series.
High Demand, High Cost
The convenience of moving during the summer comes with a cost: almost every service and expense involved with moving is going to be more expensive. Hoping to negotiate your rent? You probably won’t get far. There will likely be plenty of renters lined up behind you, ready to snatch up the same property for the landlord’s asking price. Want to hire a moving company? Rent a truck? Moving during peak season means there is a high demand for these goods and services, and the companies can charge more than they would during the slow winter season.
You don’t always have the option to choose when you move, but if the date is flexible, deciding whether you want to move in the summer or winter can be worth your time. If you have kids in school or you have a lot of heavy furniture to move, moving during the summer is probably worth the extra cost. If you’re on a budget, you might want to consider moving in the winter. Look for part two of this series to learn the advantages or disadvantages of winter moving and contact Middel Realty to find high-quality rental homes at any time of year. We have been in the Fort Collins real estate market for more than 40 years, and we take pride in maintaining beautiful rental properties and providing exceptional customer service. Explore our current rental options and call us today to get started!
The Best Time to Move
Moving is a stressful time. There is a lot on your to-do list, like packing and choosing a moving company, and deciding on the date of your move is probably a low priority. However, picking the right time to move can smooth out the process and save you money. Middel Realty has homes available to rent at any time of year, and we are dedicated to providing you with a great rental experience. Keep reading to plan your next move and browse our listings today to find your next home!
The Right Time of Day: Early Morning
Moving companies and advice columnists alike will tell you to start your move in the early morning if you can. The moving company will likely want to arrive between 8 a.m. and 10 a.m., but even if you are moving on your own, consider the benefits of starting early. If you are moving in the summer, like most Americans, you’ll be able to move your belongings from one location to another in cooler morning temperatures. You’ll also be able to use the afternoon to unpack and organize once you reach your new home. So pour yourself some coffee into a travel mug or whatever cups you haven’t packed yet, and get ready to tackle the day!
The Right Time of Week: Weekdays
Most people move on weekends. It’s convenient, since you won’t have to take time away from work or school, but it also means that professional movers and truck rentals will be in high demand. Schedule your move for a weekday if you can and take the day off to handle everything. The rates for a truck or moving team are likely to be cheaper and you’ll have the full weekend to set up your new home just the way you want it.
The Right Time of Month: Mid-Month
Most leases begin and end at the start of the month, which makes it another period of time to avoid if possible. You may not be able to choose when you start your new lease, but moving will be easier and likely cheaper if you can negotiate your move-in date. The first of the month is the absolute busiest time for moving companies. Avoid the chaos and strict timeline that comes with high demand and aim for a mid-month move. Your landlord will likely be able to prorate your rent for that month and let you start your lease on the first day of the next month.
Moving can be high-stress and there are a lot of decisions to make. Choosing the perfect moving date can save you from some of that stress and help you save money, but in the end, it depends on your situation. If you are excited to move, but you have the money and the time to wait and make a plan, there are real benefits. If you are desperate to leave a poorly maintained property or you are still living with your parents, it might be better to move sooner rather than later, regardless of what time that may be. You should make the choice that works best for you.
If you are looking to rent a house in Fort Collins, Middel Realty is here to help. We have been participants in the local real estate market for more than 40 years and we have a name for ourselves with high-quality, single-family rental homes and exceptional customer service. We have move-in ready rental homes at any time of year and we would be happy to answer any questions you have. Explore our current rental listings and contact us today for more information! We look forward to helping you find your new home.
What are Your Responsibilities as a Tenant?
Renting a home is a great step up to owning a property of your own. Knowing there is a landlord who is responsible for keeping the house habitable can be a relief, but it’s an important two-way relationship. You have responsibilities as a tenant, too, and understanding your end of the bargain can make or break your rental agreement. Middel Realty wants to make your rental experience easy and stress-free, which is why we offer 24/7 maintenance and help! Call us anytime with questions and we will do our best to give you the answers you need. Read on to understand your biggest responsibilities as a tenant and contact Middel Realty today to explore our beautiful Fort Collins rental properties!
Keep It Clean and Safe
Your landlord is not a replacement parent — you need to clean up after yourself! Your unit doesn’t have to be spotless, but it does need to be safe. Don’t block fire escapes and remember that if you leave food out long enough, it might eventually be considered a health hazard. You are responsible for taking out the trash and other chores, depending on the rules and ordinances of your neighborhood. You might be the one expected to shovel the sidewalk and mow the lawn, and there can be consequences for both you and the landlord if you shirk your duties. Non-compliance with neighborhood codes can cause your unit to be labeled as a public nuisance. Look closely at your lease and research your neighborhood’s expectations so there are no unpleasant surprises.
Take Care of Minor Repairs
Your landlord is responsible for taking care of anything that threatens your safety or the habitability of your unit – a hole in the roof caused by storm damage, for instance – but you will be expected to take care of smaller problems. Changing light bulbs is your job, as is repairing any appliances you brought with you to the unit. If you installed a showerhead you prefer or brought your own microwave, you are responsible for any issues with those items. You can probably call your landlord for issues with important systems like plumbing, but only so long as you were using those systems as intended. If your young child flushes a strange object down the toilet and it causes a blockage, it unfortunately falls to you to either fix the problem yourself or pay for the repair.
Be Accountable for Your Guests
Remember that you are responsible for whoever you bring into your unit, and you will have to pay for any damage caused by your guests. You are also in charge of keeping your guests safe while they are in your unit. A landlord’s insurance very rarely covers damage caused by guests or injuries suffered by anyone on the property. If you want to cover your bases, renter’s insurance is a good idea. Some landlords may require you to have it, so be sure to double check your lease agreement for any fine print on insurance.
Comply with Local Laws
The most important thing to remember is that you are just as responsible for adhering to the laws in your area as your landlord. Do your research on local laws BEFORE you sign anything to make sure you’re getting a good lease! For example, Fort Collins has clear limits on the number of occupants allowed in a residential unit. The “U+2” rule stipulates that in one home there can only be one family plus an additional person, or two adults and their dependents in addition to an unrelated resident. Unless the property is in a zone approved for “over-occupation”, a potential landlord shouldn’t be offering you a lease on a property that already has three unrelated residents. Even if they do, you shouldn’t sign that lease! It’s up to you to determine if your lease is legal. To learn what else you should look for before you make that commitment, read our two-part series on signs of a good lease.
Your landlord is responsible for a lot when it comes to your rental property, but renting a home or apartment is not like staying in a hotel. You have responsibilities as a tenant, from following local laws and neighborhood ordinances to keeping your unit free of health or safety hazards. Middel Realty wants you to have an amazing rental experience, which is why we offer help and maintenance 24 hours a day, seven days a week. If you have any questions about what your responsibilities would be as a tenant, please give us a call! Ready to find your perfect rental home? Explore our Fort Collins rental listings and contact Middel Realty today!
What You Need to Know About Tenant Rights
Rental properties are a great choice for anyone who wants to live in a home on a budget. The property owner takes responsibility for much of the costs, including taxes and major repairs. What seems like a dream deal can turn sour, however, if you don’t understand your rights and responsibilities as a tenant.
Middel Realty is here to give you a great rental experience. We have more than 40 years of experience in the real estate market, and we have houses for rent in some of the best locations in Fort Collins. We also offer fast, reliable maintenance services and staff ready to handle emergencies 24/7. If you are ready to find your perfect rental home with a family-owned company dedicated to making you happy, call Middel Realty today!
Know What Can’t Be On A Lease
In most cases, a lease is a binding contract. Depending on your local legislation, there are some rights your landlord can’t override even if they write them out of your lease. Here are two examples of inalienable rights you would have as a renter in Colorado:
• Your right to at least three days’ notice before a landlord begins an eviction proceeding
• The return of your security deposit – minus allowable deductions – within 60 days of the end of your lease
Even if you and your landlord both agree to nullify these rights in your lease, it would not be considered legal. For more information on what else you should look for, read our two-part series on signs of a good lease.
Know When Exceptions Can Be Made
As a tenant, you are responsible for following the conditions of your lease. If you break any of those conditions, your landlord has the right to start eviction proceedings. However, there are also some exceptional cases where you can break your lease without penalty. To know if you qualify, you will have to do research on your personal situation in your specific region. Two pieces of legislation that might relate to Colorado renters include the Colorado Protection for Victims of Domestic Violence Act (CRS 38-12-402 (2)(a)(b)) and the Federal Service Members Civil Relief Act (50 USC App. SS 501 et seq.). If you find yourself in any situation where extreme circumstances might cause you to break your lease, make sure to get professional legal advice.
Renting a home can be a wonderful opportunity, but before you sign that lease you should understand all of your rights and responsibilities as a tenant. Research local legislation to know if your lease is legal and understand the possible consequences if you break it. It is important to note that his article is not meant to be legal advice. If you have any questions about the legality of your lease, you should contact a lawyer.
If you’re ready to find a rental home with a reputable, respectful business, call Middel Realty today! We want to help you find the perfect property for you and we are committed to keeping you happy. If you ever need assistance – no matter the time of day – there will be a Middel Realty employee ready to help. Browse our rental listings now!
Signs of a Good Lease: Part 2
Middel Realty wants you to help you find your perfect home, and a lot of the information you need to know about your new rental will be in your lease. In part one of this series, we covered how a good lease will include the names of everyone involved, the terms of the lease, details about the rent and other fees, and much more. Knowing what you’re responsible for and who to contact when things go wrong is just the beginning.
A Good Lease Should Also Include…
You’ll also want to get information on who to contact about any problems, and now is a good time to do it. Make sure to ask how they want to be contacted, so you can follow their protocols and make nice.
Tenant’s Right to Privacy and Landlord’s Right to Inspect
You don’t want your landlord showing up unexpectedly in the name of repairs. Decide now what a reasonable timeframe is for them to notify you that they are stopping by the property. They need to make sure that your space continues to meet safety and local regulations, so they will need to stop by every once in a while.
Ability to Sublease (or Not)
If you move out early or take a long vacation, can you sublease your space to someone else?
Change of Ownership
What happens if the landlord sells the property during the lease?
Consequences for Illegal Activity
Your landlord, understandably, will expect you and any other tenants to refrain from any illegal activities. What kind of repercussions do they outline in the lease?
Middel Realty has a no-pets policy to keep our properties well-suited for renters who might have allergies or asthma, but the rules depend on the property. If they do allow pets, they might have restrictions about certain breeds, so it’s important to read the contract thoroughly.
Check for policies on smoking or other house rules the landlord might have added for clarity. In Colorado, you might find a policy on marijuana. While it is legal in Colorado, it is also legal for an owner to ban it from their property.
Is there a place on the property for you to park? If not, where are you allowed to park nearby?
Responsibility for Attorney Fees
If there are any legal issues between you and the landlord, a clause in your lease might decide who pays for the attorney’s fees. It’s not unusual for the losing party to be responsible for any legal fees the other side needed to pay.
Insurance on the property doesn’t mean you or any of your belongings are insured. Clarify what is covered. It is a good idea to consider renter’s insurance in any case.
Make sure the lease looks legitimate. Do you understand what it says or is it full of legal jargon? Does the document look official or is it a bad photocopy? Do you have time to look over the lease properly, or do you feel pressured to sign right away? Be aware of these warning signs and give yourself time to think long and hard about this decision.
There is a lot to look for when you sign a lease, but it is full of important information that can affect you for years to come. Do yourself and your landlord a favor by reading it thoroughly. You should understand your responsibilities, what you can expect from your landlord, and any potential consequences for disregarding what is outlined in the lease. If you have any questions, bring them up before you sign! Middel Realty is here to help you find your perfect Fort Collins home and we are more than happy to talk to about what you’re looking for in your next rental. Browse our listings today or give us a call!
Signs of a Good Lease: Part 1
A good lease is the final key step to finding your perfect new home. You should understand exactly what you’re getting when you sign that contract, and having everything in writing protects both you and your new landlord in case anything goes wrong. Middel Realty wants to make your move effortless, and below we’ve listed what to look for in your next lease.
A Good Lease Should Include…
Names of Everyone Involved
The landlord, the tenant, and anyone else on the hook for rent or damages. The lease might also mention maximum occupancy, but it’s always a good idea to double check local rules. In Fort Collins, for example, the U+2 rule means no more than three unrelated people can live in one unit.
It seems simple, but make sure you’re signing for the right property!
Terms of the Lease
It should be clearly stated how long your lease lasts, as well as your options for renewing it (or not). You should also look for any guidance on what will happen if you want to end the lease early; you might be committed to the full length of the lease regardless of what happens. Educate yourself on what penalties or fees might come with ending the lease early.
Rent & Utilities Information
- How much is rent?
- Who are you paying — the property owner or a go-between?
- When is the due date?
- How do they want you to pay — check, cash, or electronically?
- Who pays for which utilities?
- Do you pay for utilities with rent?
If you’re late on your rent or utilities payments, what are the consequences? Once your term is up, will you be charged for any cleaning services? It’s important to clarify these things now so you don’t get an unpleasant surprise down the road.
Security Deposit Information
There should be clear terms on when you will get your security deposit back after the lease ends. There will likely also be a list of allowable deductions. Check to see if there are any deductions you might not expect, like a cleaning fee even if there are no damages.
Tenant & Landlord Responsibilities
Who pays for and performs repairs? Your landlord is responsible for anything that might make the property uninhabitable, like electrical or plumbing issues, but there is a gray area when it comes to smaller repairs. Read the contract thoroughly to understand what you will be expected to pay for or fix yourself. You might also be responsible for things like yard maintenance and snow shoveling in order to follow city rules. It’s a good idea to clear up any questions here, in writing, rather than arguing about it later.
A good lease is going to be several pages long, which means we can’t cover everything in one post! Keep an eye out for part two of this series to learn what else is included in a good lease. Middel Realty is here to serve you, so if you have any questions, call us today! You can also explore our rental listings online.
What to Expect from Your Landlord
Maybe it’s your first time renting, or you’re already in a lease and you want to know more about your rights and responsibilities. Either way, it’s important to know what kind of relationship you can expect with your landlord. Middel Realty wants you to have the best possible renting experience, which is why we offer 24/7 help and support. We go above and beyond, and below, we have listed a few things that you should expect from any landlord:
Providing Livable Space
Your landlord is responsible for providing a safe, livable space. That means you should expect working plumbing, gas, and electricity. Your landlord should have inspected the property before you moved in for any necessary repairs, and they are required to fix anything unsafe. It’s a good idea to do your own inspection of the property before you move in, and hold the owner accountable for any hazards. Your landlord might expect you to do some smaller repairs on your own, but anything major – like water leaks or a broken furnace – is their responsibility. Check out our post on when to call your landlord for more guidance!
The lease should spell out everything you need to know about your rental: who owns the property, the amount of your security deposit, policies on fees and pets, your right to privacy, and a whole lot more. If you have any questions, make sure you get your answers in writing!
Properly Managing Your Security Deposit
Your security deposit does not go into your landlord’s bank account to be hopefully retrieved at the end of your lease. There are specific state and local laws about how your deposit is handled, including how it is stored. There are also clear rules about when your landlord can withhold the deposit after your term ends. The lease should clearly state the timeframe for when your deposit will be returned, as well as any fees they might withdraw even if you don’t damage the property, like carpet cleaning fees. If all or part of your security deposit is not returned, you are entitled to an itemized list of damages and the cost of any repairs. The landlord cannot keep your deposit except to cover unpaid bills, any breaches in the lease that cost the landlord money, or any damages beyond normal wear and tear.
Sticking to the Lease
The lease is a binding contract for both you and your landlord. You can hold them to the terms written in that agreement in the same way he or she hold you accountable. The terms of the lease cannot be changed without notification.
Following Local Laws and Regulations
It’s worth your time to explore what local or state laws apply to rental properties. Fort Collins, for example, has restrictions on the number of residents allowed in each unit. You and your landlord are both responsible for making sure your rental agreements follow all the rules. Luckily, Fort Collins has a handy Renting 101 Handbook you can access online.
Finding a landlord you can work with is just as important as finding a home you love. These guidelines are just the bare minimum of what a good landlord should do. In the end, you should follow your gut and find someone you can trust. Middel Realty is dedicated to giving you the best rental experience, which is why there is an employee available 24 hours a day, seven days a week if you need anything. Explore our properties online or call today!
New Year, New Rental Home?
With the 2017 holidays in the rearview mirror, a new year has arrived. Several opportunities for change come with this new beginning, and many Fort Collins renters may find themselves looking for a new rental home. There are many reasons why the new year might be the best time to find a new property to rent, and in today’s post, we’ll review a few benefits to finding a new rental in the new year.
Are you looking for high-quality rental properties in Fort Collins? If so, Middel Realty is here to help. With more than 40 years of experience, our team is one of the leading property management companies in the area, and we would love to help you find your next rental home. Call our team at 970-221-2300 or browse our rental properties online!
A Fresh Start
A new year brings endless opportunities for change, and if you have been thinking about moving out of your existing residence, now may be the time to put a plan into action. Perhaps 2017 brought some major life changes, or maybe your current home requires more maintenance than you’re able to perform. Regardless of why you feel like a different home would be a better fit, the team at Middel Realty can help you find the right property to rent that will suit your needs and budget.
The Choice City has experienced rapid growth in the last decade. In fact, our city’s population growth increases about two percent every year, making Fort Collins one of the fastest-growing metropolitan areas in the U.S. If you don’t currently live in the area, 2018 might be a great time to relocate to check out the career and cultural opportunities our city presents. If you are a native and find that the increased population and traffic has added to your commute time, now may be the perfect time to check out property rentals that are closer to the office.
Professional Property Management
Is your current landlord unresponsive to your maintenance requests? Do you feel like he or she doesn’t have the desire to make your rental home as comfortable as possible? There is nothing worse than renting a home from a sub-par property management group, especially when you don’t see much bang for your buck in terms of your monthly rent. if you are dissatisfied with the current level of service you’re receiving, the new year may provide the opportunity you need to rent elsewhere.
Looking for New Property to Rent?
If you have decided that 2018 is a great time to locate your next Fort Collins rental property, our friendly team is here for you. At Middel Realty, we offer premier rental listings, online payments, and more to ensure that our tenants are happy. Renter satisfaction is our top priority, and we would love to show you what sets us apart from other property management companies. Call 970-221-2300 today to get started. Happy New Year to you and yours from the Middel family!