Austin Apartment Search Tips - Finding a Low Total-Move-in-Cost Austin Apartment

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Austin Apartment Search Tips - Finding a Low Total-Move-in-Cost Austin Apartment
Expert Author: Patrick OConnor \| Submitted: 2008-05-09 \| Word Count: 776 words \| Views: 86 view(s) [View Summary]

Lease a Austin apartment and get up to a $1107 cash rebate!
Austin apartments come in many shapes and sizes. You can usually find a Austin apartment with a very low total move-in cost. Total move-in cost includes the application fee, deposit, and first months rent. Before focusing on the move-in costs, review whether the total move-in-cost is the most important issue in selecting a Austin apartment.

Is Move-In Cost Most Important

Other factors to consider when selecting a Austin apartment are location, monthly rental rate, unit type, unit size, unit amenities and property amenities. Consider the location of work, family, friends and leisure when thinking about the location for your Austin apartment. Consider leasing a plain apartment in a nice area instead of a nice apartment in a less desirable area. You should also consider the condition of the property, maintenance standards, limited access gates and whether they have a regular courtesy patrol.

Weigh the Issues

You will be considering at least some of these factors when selecting a Austin apartment. If it is critical to obtain the lowest possible total move-in cost, then give strong consideration to this factor. However, in many cases you'll get a better "deal" by focusing on the entire package instead of focusing primarily on the move-in cost.

Select an Online Austin Apartment Search Service

Select an online apartment search service for Austin apartments. It should provide information on all Austin-area apartments. Some online apartment search services only offer information on 10 to 15% of the Austin apartments. These apartment search services are only showing information regarding properties which pay them to advertise or which pay them a locator fee. It is understandable that they only show information for properties which pay them. Select a Austin apartment search service which displays information on all Austin apartments. Make sure the service you select has information on all available properties. It you review the options for all Austin apartments, instead of just for 10 to 15% of the properties, you have a much better chance of getting a low cost move-in for a Austin apartment. The apartment search service should also allow you to search by location, rent, unit type, unit size, unit amenities and property amenities. Also, try to avoid the sites which require you to give your phone number and e-mail address. (Unless you enjoy being bombarded by phone calls and e-mails.) Finally, select an apartment search service which offers a $100 move-in rebate.

Initial Search and Phone Interview (of them)

Start with a broad search focused initially on location. Gradually narrow the search to focus perhaps five to 20 Austin apartment projects. Develop a list of questions regarding the criteria which are most important to you. If the move-in cost is most important, you'll want to ask about the application fee, deposit and first month's rent. Call the projects you identify. Interview all of them by phone before visiting any of the apartments. You should be able to complete each phone call in three to five minutes. Focus on interviewing the leasing staff instead of having them interview you during the phone call. Review the information you have compiled and select 2 or 3 Austin apartments which best fit your criteria.

Visit 2 or 3 Apartments

Visit the properties. Drive around the perimeter and through the apartments before visiting the office. If the property is below your minimal standards, drive on without stopping at the office. Ask to see both the model unit and the unit you would be leasing. If you like surprises, there is no reason to ask to see the unit you will be occupying. Many Austin apartment residents have been unpleasantly surprised when they see "their" unit. They are amazed that it looks different than the model unit. Expect the model unit to be immaculate with wonderful furniture. Avoid surprises by seeing "your" unit! Ask the leasing agent if they have a "look and lease" special. This is a special where if you look at the unit and lease on the same day or next day you get a better rate or lower move-in cost. Find another way to ask if they can reduce the move-in costs. Can they waive the application fee? Can they reduce the deposit? Can they reduce the first months rent?

Make a Decision

Make a decision regarding which property best fits your criteria. Negotiate and sign the lease. You should read the lease. It is a legal document. It was written by an attorney for the benefit of the apartment complex. Do a "walk-through" before you accept the unit. Note any defects and ask the management to correct them. Also discuss what you must do to have your deposit returned.

O'Connor and Associates is a national provider of commercial real estate consulting services including cost segregation studies, market study, Tips and Tricks for Appealing Your Property Taxes in Harris, tax return review, apartment inspections .

O'Connor appraisers have appraised over 100 types of real estate including auto service garages, service center warehouses, student housing, shopping malls, subsidized housing, commercial buildings, drugstores, office warehouses, racket clubs, office buildings, cold storage facilities, shopping centers, regional malls, strip shopping centers, used car lots, health spas, auto salvage yards and banks.

Article Source: http://www.articlesphere.com/Article/Austin-Apartment-Search-Tips---Finding-a-Low-Total-Move-in-Cost-Austin-Apartment/138969

Tags: real estate, market study, tips and tricks, appealing property taxes, harris

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