ADVICE ON RENTING IN WESTCHESTER, NY
If you are looking at this website, the chances are you are an expat, or about to become one! Let me help
guide you through the process of renting. If you are thinking of buying I can help you with this also. I am originally from the UK, having previously lived in Sweden and now in the US for 10 years. I have been
an expat renting and also went on to buy in Rye, NY.
In the US, one real estate agent works for you (the customer/client) and that agent has access to all homes listed within the MLS (Multiple Listing Service). Your agent will present a range of options for you and handle all appointments, negotiations etc.
Although renting a home is not nearly as complicated as buying a home, it’s still important for you to have
a full understanding of the rental process so that you can be prepared for what you’re likely to experience.
You need to communicate all your needs, goals, and wants for your rental with your agent, this narrow
down the inventory to show you only what might actually interest you. In discussing your needs with your
agent, you should consider the following: How much can you afford? The basic guideline is that you should dedicate about 25-30% of your monthly gross income on your monthly rent. Is this a Company move? Are they are going to be paying the monthly rent or a portion of it?
HOW LONG DO YOU PLAN ON STAYING THERE?
Where do you want to live? Renting a home is about becoming part of a community (and a school district,
if that’s important), so you need to decide which town or village you wish to live in. Most areas of our region provide for rental housing, so you should have enough inventory to choose from. You should educate yourself about the community choices you have, and communicate those preferences to your agent.
WHAT TYPE OF HOME? SINGLE FAMILY HOME OR APARTMENT?
Do you have any special requirements? Such as bedroom needs, pets, mobility issues, or anything else
that might be unusual. Your agent should ask you these and other questions when you talk, but you should be proactive and engaged in making sure you communicate all your needs so that you receive the best service.
When you eventually meet your agent, you will be asked to complete a New York State Disclosure. This form is required by New York State law to ensure that you understand that the agency/agent will be representing you as your fiduciary tenant’s agent, looking out for your best interests.
Renting a home is a significant decision with legal obligations and rights, and you deserve a professional
approach for helping you find your new home.
LOOKING FOR YOUR NEW HOME?
The next step is the fun part – shopping for a new home. You and your agent will hopefully have a clearer idea of you requirements having pulled together your criteria by price and particular needs. Now it’s a matter of going to actually view the properties. Ultimately, deciding where you want to live is an intensely personal choice. Your agent is there to assist you and answer your questions, but the decision is up to you. Moreover, you can do a lot of searching on your own. Although you should have been communicating throughout your personal portal. (Don’t forget you can use FaceTime, Skype etc to show your partner or family members if you can’t view together).
You can also check listings and community information via my website.
Having a good relationship with your agent is key to finding the best fit new home for you.
FOUND WHAT YOU LIKE? SIGNING A LEASE
Finally, if you are satisfied that this is the right place for you, then it’s time to sign the lease. You will need to provide proof of funds to show you can cover the security deposit (this is usually 2 months deposit held in the landlord’s escrow account) and possible pet deposit; plus the fi rst months rent. You will need to fill out a rental application and provide a letter from your employer which clearly states your position within the company, your salary and contract term. If your company are paying the rent, then they will need to provide confirmation of this and to advise whose name the lease will be in. If you have lived in the US and rented previously you may need to complete a credit check authorization.
Your agent will communicate with the listing agent with your offer to rent; they are likely to return with a
counter offer. Once you have an accepted offer, the landlord will arrange for you or your company to receive the lease contract; you should have this checked and make sure you are completely happy with this before signing. You will only have an executed contract once tenant (you) and landlord have signed the contract.
It is always worth having any contract checked over by your attorney (or company attorney).
Call me (+1-914-565-6459) or email me so we can start a conversation; I can learn what you are looking for in a home. I will register you to receive rental information as soon as the property becomes an active listing; you will have your own portal where you can 'like', 'love' or delete a property and write notes so you can keep track of the rentals. This way you can be more educated on rental properties and communities even before you arrive to look in person. Check out my website for all listings and information.
Your landlord has insurance, and so should you. If your rental property burns down, your landlord has
coverage to protect their investment. If you lose everything you own, you’re generally not covered unless you get “Renter’s Insurance.” Renter’s Insurance is a necessity for anyone renting or subletting a home or apartment. Whether you live in a single family home, duplex, town home, condo, loft, studio or apartment, you should get renter’s insurance to protect your belongings and your liability.
Insurance, babysitters, cleaners etc. - reach out to me for recommendations or check out the information on this website - it really is an amazing resource.