Rental Process In Maryland

Written by Amanda Powell Posted On Tuesday, 23 June 2015 08:22
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  • State: Alabama
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The rental process can be new to many people when relocating from place to place.  The process can be different from area to area and state to state.  If you are relocating to Fort Meade MD or you are already in the area, the information below will help you better understand the process.  As always we here at The A Team with Long and Foster are always available to help you with your Real Estate needs.

 

 

 1. Choose a Realtor - Choosing a Realtor from the beginning will take a lot of stress out of the moving situation.  As a Realtor we can show you anything on the market, not just homes listed by our company.  When you see a home online or a sign in the yard call your Realtor first.  Building that loyalty will go a long way.  Let them know up front if you want to find a rental as soon a you arrive or rent sight unseen.  This can make a difference in the time line for which they send you homes.

 

2. Fees - There are several fees to be prepared for before you arrive or choose to move.  By planning for the expenses up front you will take away the stress of surprises.  

First you want to be prepared for the application fee.  This is a fee charged per adult.  Depending on the company renting out the home the fee can vary from around $25 a person to $60 a person.  This fee is due when submitting your application.  When you submit your application make sure it is complete and that you provide all requested information so that your application doesn't get pushed back.   If for any reason you do not get the first rental you try for you will have to submit an application fee for any other home you apply for.  

Second you want to be prepared for the first months rent and security deposit.  Depending on the time frame of when you are taking the rental these may be split up.  If you are moving in immediately then you would want to be prepared for both.  (One question I get from military clients is if the security deposit can be waived?  With the area being flooded by military members home owners do not waive this fee.  You will get it back upon move out if you follow the guidelines in your lease.)  

Last if you have a pet then be prepared for a pet deposit.  A home owner can also choose to charge for each pet.  If you have paid the security deposit and are being charged a pet deposit the fee for both can not exceed two months rent.

 

3. Lease and Move in - Once your application is approved a lease will be drawn up.  I do always recommend starting with a one year lease with the option to renew.  Make sure to read the lease carefully and ask any questions.  Upon move in make sure you have changed the utilities into your name so that there is no disruption.  At the move in walk through make sure to take notes, pictures and be thorough.  The more detailed you are will help on the move out.  

 

Moving can be stressful but if you are more prepared for what to expect it can make the process go smoother.  Let us know how we can help with all of your Real Estate needs.  

If you are thinking about buying you can start your search today by clicking on the link below. 

www.buyingandsellingmaryland.com 

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Amanda Powell

Amanda Powell is the team leader for The A Team with Long and Foster. She began her Real Estate career in 2010 in East Texas. After relocating to Maryland in early 2012 Amanda received her Maryland Real Estate license and began working for Long and Foster. Diving into helping families Amanda was awarded Rookie of the Year in 2013 and Agent of the Year in 2014.  Since 2013 she has received designations including ABR (Accredited Buyer Representative), MILRES (Military Residential Representative), Rental Specialist and MRP (Military Relocation Professional) designation. Amanda also completed her Bachelors of Science with a concentration in Marketing in the Fall of 2012.

 

Amanda specializes in helping Military families relocate from all over the world to purchase a home in Maryland or sell their home when relocating.  Her goal is to make the PCS process as smooth as possible. With a drive to share her knowledge of VA, Amanda also offers Free VA Home Buyer Seminars for all VA eligible buyers. Helping VA buyers be better prepared for the home purchasing process is important. Amanda also works hard for Sellers with extensive marketing knowledge and aggressive negotiation expertise.

http://www.TheATeamMD.com Email Amanda Powell about this article

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