Top Things to Do When Renting a House


Although buying a house is a lifelong goal for most people, renting can sometimes be the better option. One primary reason that some people may prefer to rent rather than buy is because of their current financial status that may limit purchasing a home. Besides, there are benefits someone who rents may enjoy as opposed to one who owns a home. Advantages of renting include little or no maintenance costs, access to amenities such as fitness centres, no real estate taxes, no down payment, and flexibility to move at any time. Regardless of your reasons for renting, you ought to take various steps for the process to be smooth.
Foremost, determine your renting budget. Ensure you choose a house that you can afford to pay the monthly rent without any inconveniences. Once you have a budget, begin your research on various websites such as PropertyGuru Singapore. You should have a list of locations and factor in crucial things such as security. As soon as you have a few houses on your list, it would be best to tour them. This can help you find one that will suit your needs and make a final decision without future regrets. You may then request to speak to the landlord to negotiate rental terms.
Lastly, fill out the rental application form and include details such as name, email address, emergency contacts and more. Pay the agreed rental application fee and sign your lease agreement. But, ensure you read it keenly to verify everything negotiated for is in the contract.
If you’re interested in this phenomenon, please take a look at the following infographic. It shows the latest research into renting a house and things you should know before signing a lease contract. The infographic provides all the details you need to make better house investment decisions for your family. Check it out below.

Infographic designed by PropertyGuru Singapore