renter: 7 Additional Things Every Renter of Hindale Homes Should Include in the Lease - 06/29/08 11:10 PM

Standard residential lease agreements protect the renter's legal interests. A written addendum that spells out additional performance issues that will prevent missunderstandings is often overlooked. Specific landlord and tenant needs depend upon the unique circumstances of individual needs and the property.
This is not offered as legal advise. Here is a list of added duties that I have observed in rental agreements.
1. Owner will cut the grass and maintain landscaping up to the date of tenancy.
2. Owner and Renter will do pre-possession walkthrough and agree on a written inspection report [with photos] prior to tenancy. Both will receive … (0 comments)

renter: Help Renters Understand Owner Costs When Negotiating Price with Home Owners - 06/27/08 08:59 AM
Single family home rental clients sometimes wonder why owners limit their bottom rental price, even though the market may suggest they should go lower. Here is how I explained this to one family who thought a leasor of Townhouse B should be willing to take $1,775 per month rent for a $300,000 townhouse after failing to negotiate the same price for similar Townhouse A in a market with too much inventory. My client is pretty convinced that if we call all the 4sales, we will find a desperate owner who is willing to take $1,775 per month rent. In the case … (1 comments)

 

Jim Broline

Hinsdale, IL

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RE/MAX Elite

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