If you’re making the transition from renting an apartment to buying a home, it can be difficult to ensure you have a place to stay while you search.
There are a number of reasons you may need temporary housing while house-hunting. Maybe you’re moving to a new state and need temporary housing while you search in the area. Or, maybe you just don’t want to sign a year-long lease on a new apartment that you don’t plan on staying in for a full year.
Regardless of the reason, we’ve got you covered. In this article, we’re going to talk about how to find temporary housing while you navigate your way toward homeownership.
Short-term rentals and sublets
One of the most convenient way to rent an apartment while you search for a home is to simply find short-term rentals.
Landlords use leases for a number of reasons. Among them is knowing that they can count on a tenant to stay long enough to be worth the hassle of going through the rental process.
However, there are some landlords who cater to people who need to rent for only a certain amount of time–namely business professionals and college students. Landlords rent to these people with short-term leases because they are certain that they will get the full lease amount in pay.
Similarly, searching for sublets is a good way to find an apartment on the short-term. Sublets are often cheaper than their normal renting price because the tenant needs to find someone soon. You’re especially likely to find a sublet if you plan on moving in May or June when college students are going home for the summer.
Another service that could be helpful is Airbnb. Many people think of Airbnb as a tool for finding a vacation home or spare room while traveling. However, there are also a number of short-term rentals on the site. You can simply enter the dates you’re planning on staying and compare results. Just be sure to read reviews of the house to be sure that you’re dealing with responsible and trustworthy property managers.
Words of caution
While short-term rentals can save you money while you search and help you avoid a lease, they do come with risks. For example, if renting off of Craigslist, never send sensitive data, payments, or bank account information before verifying that they are actually the manager of the property.
If you do decide to sublet an apartment, take photos when you move in so that tenants or landlords don’t try to hold you liable for any damage caused before or after you leave.
Finally, if you decide to go with a service like Airbnb or extended stay hotels because they appear cheaper than renting, remember that you won’t be able to store your belongings there and might have to pay for storage and a moving truck to transport your belongings. These extra fees can add up quickly over a couple months.
Once you’ve determined your options for temporary housing, hunting for your new home will become much easier.
You’re selling your home, and you know you need to perk up its curb appeal, but you’re low on free time and funds. There are a few simple, and affordable projects you can take on to step up your curb game and increase your chances of a sale. Attracting buyers to your home is a necessary part of your sale, so take a minute to hammer out some quick upgrades to give your home the best first impression.
Just a little paint—not a lot.Freshly painted shutters and a new coat on the front and side doors of your home can add a striking vibrancy that your potential buyers can see from the street. Visit your local hardware or paint store and talk with a professional about the best paint to cover your wood or vinyl fixtures. When selecting a color consider the best hues to pleasantly contrast or compliment your home’s exterior colors and any natural stone or brick accents. Before you start, clean off all dirt and grime from your door and shutter surfaces, tape off or remove any hardware possible, then get to painting! In just a few hours and a couple of cans of paint, you can accomplish a huge visual change.
Tighten up your existing landscaping. Take an upcoming weekend day and spend a little time manicuring your yard. Give your trees and bushes some attention, rake up the leaves and remove any dead plants. Mow and trim your lawn all the way to the curb. If there are any empty lots or uncared for median spaces near your home maybe take an extra minute and clean up the appeal around your house as well. With an additional day or another weekend, if you have time before your open house, extend your landscaping to cleaning up your driveway. Sweep the drive thoroughly and consider renting a pressure washer to remove any unsightly oil stains. Finally, get up to those gutters. Clean and well-maintained gutters are a good sign to your buyers that you care for your home and have taken the time to maintain it and keep it in good condition for future inhabitants.
Add even more life with planters and flowers. With a small investment, you can add even more color and appeal to your home with a few planters, pots, and hanging baskets. Find plants and containers that complement the design of your home and add both brightness and hominess to your street view.
Lighting and more lighting. Make it easy for your buyers to see your home and attract them to your door with enhanced lighting. Many home buyers drive past homes they see listed online before they come to the open house. Frequently this is after work and during a dusky or dark time of day. Make your window shoppers want to return for the open house with cleaned up lighting. Clean up or replace your porch light, add a new bright bulb and talk to your local hardware store about the best options for adding lighting to your drive and walkways.
As you get ready for your open house, work with your real estate professional to design the best and most cost-effective ways to step up your curb appeal.
If you’ve set a goal of buying your first home within the next year, there are several things you can begin doing now to set the stage for a positive experience.
While it pays to familiarize yourself with everything from your credit score to mortgage options, choosing a good real estate agent will prove to be an invaluable advantage when navigating through the process of buying a home. An experienced, knowledgeable agent will help keep you on track, prepare necessary documents for you, and answer the myriad of questions that will occur to you.
Should you choose the first real estate agent you talk to? People occasionally find a perfect fit right off the bat, but it’s often a good idea to interview a couple agents before you make your final decision. Having one or two points of comparison can provide you with a wider perspective of available choices.
Not only would you want to work with a professional who has a successful track record in helping first-time home buyers, but you also want to make sure your personality is compatible with your agent’s communication style and energy level. Unless you stumble on the home of your dreams on the first day, you’re probably going to be spending a lot of time with them. Most real estate agents do tend to be knowledgeable, resourceful, and service oriented, but your journey will be a lot smoother and more satisfying if you sign on with an agent who’s a good match for your individual needs and personality.
One of the most effective ways to prepare yourself for a real estate search is to create lists of things you need to do, have, and schedule. It’s also helpful to prioritize what you want in your ideal house. By identifying and reminding yourself of the features that are most important to you, you’ll have a greater tendency to recognize what you want when you see it. You’ll also find yourself communicating your needs and wants more clearly to your real estate agent. As is the case with any professional or personal relationship, good quality communication usually yields the best possible results.
As a home buyer, there are many property features and priorities you’ll want to ponder and discuss with your significant other. In addition to your future home’s square footage, bedroom space, and number of bathrooms, you may also be interested in the reputation of school districts, the character of neighborhoods you’re considering, and the amount of privacy each property affords.
Another list worth compiling before you get too far into the house hunting process is a personal budget. By seeing how your income stacks up against your monthly expenses, you’ll be in a stronger position to determine a realistic price range for your next home.
Selling a house the second time around may prove to be much easier than your initial home selling experience. In fact, a veteran home seller can learn a lot from his or her past home selling experience, including:
1. How to Establish a Competitive Initial Home Asking Price
Setting a competitive initial home asking price is paramount, regardless of a home seller’s experience. If a seller establishes a competitive initial asking price from the get-go, he or she can increase the likelihood of stirring up plenty of interest in a house. Conversely, a seller who sets an initial asking price that is too high or too low may struggle to achieve the optimal home selling results.
Think about how you priced the home that you most recently sold. This experience may help you determine how you’ll price your current house, as well as enable you to avoid potential pricing mistakes along the way.
Furthermore, it usually helps to look at the prices of comparable houses in your city or town. If you assess this housing market data, you can see how your house stacks up against the competition and narrow the price range for your residence.
2. How to Promote a House to the Right Groups of Buyers
If you previously struggled to showcase your house to buyers, you can learn from your past experience and avoid making the same mistakes once again.
Ultimately, a home seller should allocate time and resources to enhance the curb appeal of his or her home. If a house features a stunning exterior, it may generate lots of interest from buyers.
It often helps to maintain a clean home interior as well. If you keep your home neat, tidy and clutter-free, buyers should have no trouble envisioning what life might be like if they purchase your house.
3. How to Hire the Right Real Estate Agent
Conduct an in-depth search for the right real estate agent – you’ll be glad you did. If you meet with a variety of real estate agents, you can find a housing market professional who can help you achieve your desired home selling results.
Don’t forget to request client referrals from a real estate agent. Because if you can learn about past clients’ experiences with a real estate agent, you can make an informed choice about whether to hire this real estate agent to guide you along the home selling journey.
Ready to add another house to the real estate market? Use your home selling experience to your advantage, and you can boost your chances of enjoying a profitable home selling journey.