Archive for June, 2009

Job Transfer and Ending your Lease

June 3rd, 2009

If you’ve got a new job offer and have to leave the city in which you live you may find yourself in the difficult situation of having a lease that you’re unable to complete or that you don’t want to complete.

Now some larger rental agencies may have a clause in your lease that lets you break a lease in the case of a job transfer or a move for any reason as long as you give a specified amount of notice.? This is the ideal situation as you simply have to follow the outlined procedure.

If your lease doesn’t have a clause that lets you terminate because of a move you’ll have to see if your landlord is willing to let you out of your lease. A lot of landlords understand that moves happen and if you’re up front and give them as much notice as possible they may be very willing to let you end your lease.

Some landlords aren’t nearly as flexible and they aren’t about to let go of a paying tenant while they have one. If this is your situation you can ask if the landlord will let you sublease the apartment, at least this way you can find a tenant yourself and recoup part of the expenses.

If you’ve got a great new employer and you can’t break the lease, see if the employer is willing to pay any of your moving expenses, this money can be used to pay part of your lease.

What to look for in Flooring

June 2nd, 2009

Flooring RemovalAre you interested in installing new flooring in your home or investment property? If so, you need to know what to look for. As you know, there are many different types of flooring including carpet, tile, wood, laminate, and vinyl.

Here are three details to consider when deciding what type of flooring to buy:

1. Cost. How much do you want to spend on your new flooring? If you are buying for your own home you may not have a price limit; you want the best of the best. But on the other hand, when buying for an investment you may consider cost to be the most important factor.

2. Durability. You want to buy flooring that will last. Fortunately, almost everything on the market can stay in good shape for 10 or more years as long as it is cared for. This is something you definitely need to think about when it comes to the flooring in your investment properties. Since your tenants may be rough on the floors and neglect them in many ways, it is important to buy something that is durable.

3. Installation. Will you be able to install the flooring on your own? Or will you need to hire a costly professional? If you are trying to save money you may want to opt for something that you can easily install.

If you consider cost, durability, and installation you should be able to select the right flooring for your home or investment property.
Creative Commons License photo credit: Velo Steve

Selling a Haunted House

June 1st, 2009

If you have property that is known as haunted, whether you’ve had any spooky experiences or not, it can be quite difficult to sell this property. But there are things you can do to help move a sale forward.

First you need to be aware that a haunted home is called a stigmatized property, which is also the name given to homes in which murder, mayhem or suicides occurred. In 30 days realtors and property owners do not have to disclose information on stigmatized properties but there have been lawsuits against them for this non-disclosure. The difference is it’s rather easy to prove that a murder or suicide occurred on a property but a haunting is harder to prove and you’re less likely to get sued. So follow your state rules, if they say disclose then you have to, if they don’t, you don’t.

Secondly, don’t further any rumors by talking about odd experience or occurrences at your home and swiftly dismiss anything you hear. Gossip can do a lot of damage and you don’t want to add to it.

Third, work to change the atmosphere. Brighten the place with sunny yellow paint or another cheery color. Add flowers to your landscaping, oil creaky doors and secure loose floorboards. Approach the home as you would a child’s nursery, brighten every corner.

Finally, if you’re still not able to make the sale, consider going the other route – some people are actually very interested in haunted properties, so go crazy and spread rumors, make it as spooky as possible.