While owning a home is a dream for many Americans, property rentals can provide a lot of the same benefits without requiring a mortgage. Single family property rentals often offer more space than an apartment, as well as a backyard to enjoy. A downside to a single family property rental is the fact that the security deposit is often higher than other types of rentals, and most renters want to get that money back after they move out. Use the following tips to ensure that you will receive your deposit back after you move out of a rental home.
Do a Walk-Through Before Moving In
Most reputable property management companies and landlords work hard to ensure that a home is move-in ready, but it is very important that you examine each room of the home carefully for damage before signing a lease. One of the best ways to protect your deposit and get it back when you move out is by taking dated photos of every room to show its exact condition before you move in.
Contact Your Landlord When Repairs Are Needed
When you live in a rental property, landlords are typically required to make prompt repairs. If you encounter a major issue, such as a broken pipe or leaking water heater, it is in your best interest to contact your landlord as soon as possible. This can minimize damage caused to the home and keep your deposit intact so you can get it back after you move out.
Read Your Lease Carefully before Moving Out
When you rent a single family home, the requirements are going to differ between individual landlords and property management companies. One of the best things you can do before moving out is take a look at your lease in order to know how you are required to leave the property after moving out. Some leases require having the carpets professionally cleaned and leaving the home in impeccable condition, while others charge a nonrefundable cleaning fee that only requires you to leave the property in decent condition.
Make Sure Your Address is Known
After you move out of a single family home rental, it is essential to leave a forwarding address so your landlord or the property management company can send you a check for your deposit amount. Failure to do so can result in not receiving your deposit check or having it delayed.
Now that you know these tips, start your search for a single-family apartment through an organization like ABA Rental Properties Inc.