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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: MBS Commentary

    Bonds surged to significantly stronger levels in the presence of the Fed Minutes today. Any time we see strong gains on a day with a Fed release, chances are the Fed is behind the move. Incidentally, that's NOT the case today (spoiler in the headline, I know). So how did Europe trump the Fed in terms of bond market impact? In short, this is all about Italian political drama. The two anti-Eurozone parties who are forming a coalition government in Italy are waiting for confirmation of their staffing choices from the Italian prime minister (yeah... things work differently over there). One of the picks had previously referred to the Eurozone as a noose around Italy's neck. It's not overboard to consider this political regime as potentially pushing Italy away from the Euro. That's...(read more)

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  • Mortgage Rates Drop to Lowest Levels in 2 Weeks

    Posted To: Mortgage Rate Watch

    This week hadn't been too traumatic for mortgage rates through yesterday afternoon, but neither had it been positive in any noticeable way. That changed today as rates fell abruptly to the lowest levels since last Monday. Granted, at the time, last Monday's rates were still pretty close to the worst in 7 years, but the point is that we've managed to find our way back from the even higher rates that followed. Help came chiefly from European political developments where Italy is a day or two away from confirming a government that could end up pushing the country out of the Eurozone . Even though that's far from guaranteed, the mere risk of such a thing is enough to drive investors toward safer haven bonds like those issued by Germany or the US. In general, excess demand for bonds means rates...(read more)

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  • Houses Passes S2155, Unwinds Less of Dodd-Frank Than Hoped

    Posted To: MND NewsWire

    The House of Representatives passed a sweeping overhaul of regulations included in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act on Tuesday. Senate Bill 2155, which passed the upper house in March, received a 258 to 259 vote in the House. It now goes to the White House for what is expected to be certain presidential approval. The bill did not go nearly as far as the House had hoped in rolling back Dodd-Frank. Leadership agreed to vote on the compromise bill negotiated in the Senate between Republicans and Democrats only after a promise of a vote latter this year on other changes House members, especially House Financial Services Chair Jeb Hensarling (R-TX) were demanding. According to Bloomberg, the legislation gives smaller banks relief from post-crisis rules that they...(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