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I am a Tarrytown, NY expert in apartment and home real estate transactions. I know this area like the back of my hand. Please let me know how I can assist you.

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Renting An Apartment - Tenant Charges

Find out what items an apartment tenant or renter will usually pay for when renting an apartment and why using a Real Estate agent can help you avoid unnecessary charges.

The Basics - Tenant charges when renting an apartment:

#1. Paying Rent

The tenant is responsible for the rent. Often, rent is negotiable and may depend on many factors. Supply and demand is usally the most influencing factor.

#2. Paying Utilities

Now it does vary from community to community. Some apartments depending on the size of the complex may include the water in the rental fee, or perhaps a portion of the electricity may be included. This all depends.

#3. Property Upkeep

Atenant should be responsible for the upkeep of the property. For example, in most cases they are responsible for something that has broken. If there is dameage to an applicance and it is the fault of the tenant, then the responsibility for repair will usually be that of the tenants.

#4. Security Deposit

Security deposit amounts can vary. Often these charges to the tenant can be the first and last months rent. This is provided to the owner or their represntative just after a tenant decides to sign a lease.

#5. Real Estate Agent Assistance

A good real estate agent can offer guidance on what is acceptable and what is not. Using a local expert is important and allows renters to better understand what is common for that local area. Real Estate agents and professionals will offer this assistance to renters at no cost to them since they collect a fee from the apartment owner only when the apartment is rented.

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Mortgage News Daily

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    Posted To: MND NewsWire

    Despite complaints about labor, lot, and material shortages, builders needed no more time to build a home last year than they did in 2016. The time did increase compared to 2015 by about two weeks. Using data from the Census Bureau's Survey of Construction (SOC), the National Association of Home Builders (NAHB) concludes that the average time to build a single-family house was 7.5 months. The actual building time was about 6.5 months following a typical delay of around 30 days after the permit was authorized. Data from the 2015 survey showed the time from permit to completion at 7 months. The range however is wide, from less than a month to more than 6 years. Much depends on who is building the house, for what purpose, and where. , writing in NAHB's Eye on Housing Blog, says that houses built...(read more)

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  • MBS RECAP: Bonds Gain Despite Data Surprise and Stock Rally

    Posted To: MBS Commentary

    Before any discussion about market movement in July, we have to set the stage with some disclaimer about "slow summertime trading." That was the subject of this morning's commentary ( read it here , if you like). With that out of the way, we're equipped to pay the appropriate amount of attention to today's seemingly interesting events. First up, we had a reasonably strong move in European bonds overnight help set a mildly positive tone for the start of domestic trading. The biggest volume spike of the early morning came at 8:30am in response to the Import Price data, which came in much lower than expected. Bond yields/prices, themselves, only moved a bit, however--a fact that likely reflects the nearness of yields to the lower end of their prevailing range. The other notable...(read more)

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  • Lowest Rates Since May, But There's a Catch

    Posted To: Mortgage Rate Watch

    Mortgage rates fell by an observable amount today-- one of the few times they've done so in recent weeks. Technically, today's average lender is offering the best we've seen since May 31st. That sounds pretty great, right?! Unfortunately, there's a fairly big catch. While today's rates are indeed the best in a month and a half, the range during that time has been so excruciatingly narrow that most prospective mortgage borrowers will find the distinction fairly meaningless. In almost all cases, the actual NOTE rate at the top of your loan quote will be the same as it has been for weeks. The only change in lenders' rate sheets is in the upfront cost associated with that rate. In other words, if you'd seen a quote of 4.75% with 0 points yesterday, today's quote would be more like 4.75% with a...(read more)

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Bonnie Koff  |  Licensed Associate Real Estate Broker  |  William Raveis Legends Realty Group  | Tarrytown Office 
914-332-6300  |  37 Main Street, Tarrytown, New York 10591  |  Email