How To Rent Your House Maine

Are you interested in renting your house? If so, read the following article for some useful information.

Local Companies

REMAX/Allied RE
1-207-781-3063
4 Carriage Road
Cumberland Foreside, ME
Dream Realty
207-824-4300
Newry Post Office Plaza
Newry, ME
Seaglass Home Staging
207-229-7724
14 plymouth drive
saco, ME
Anne Plummer & Associates
207-693-5200
18 Olde Village West
Naples, ME

Renting your home for part of the year, or for a longer period of time, generates great income. Because you are renting your home, as opposed to a property specifically designed for renting, you will want to be more careful with the terms you set in the lease.

  1. Consider hiring an agent. A rental agent will take down the information pertinent to your house, advertise the listing, review any potential tenants that submit an application and present them to you. The agent will likely charge a fee, ranging from a half-month to a full-month fee for this service. A half-month fee represents one-half of one month's rent, while a full fee equals one month's rent. When and if your agent secures a suitable tenant, this amount will be deducted from the amount you receive from the tenant at the signing of the lease. Agencies usually choose one of three options: charging only the landlord a full-month fee, charging only the tenant a full-month fee, or splitting the fee between the two (two half-month fees). Make sure you are clear on the fee structure before you sign any contracts or make any agreements.
    how to rent your house
  2. Credit, employment, landlord verifications. If you have an agent, she will perform a credit check, call past references and verify employment and wages. After the review is complete, she will present her results to you and, based on that information, you can choose to accept or deny the applicants. If you do not have an agent, you can follow these steps yourself, but you will need an agency to perform the credit check. Pay careful attention to the applicant's credit and employment history. If the person has poor credit or is not making enough to afford rent comfortably, you should consider finding a different tenant. If the applicant's past landlord (not present) gives a poor recommendation, think twice.
    ...

Click here to read the rest of the article at HowToDoThings.com

Author: Grace Bloodwell

Featured Local Company

REMAX/Allied RE

1-207-781-3063
4 Carriage Road
Cumberland Foreside, ME

Related Articles
- 5 Home Buying Mistakes Maine
When's the last time you checked out your credit scores? A lot of us don't think much about our credit until it's time to purchase a home and then it may be too late. Avoiding these five common financial fiascos can save you money and headaches.
- 5 Ways to Help Your REALTOR® Maine
- 7 tips to sell your home Maine
- 8 Reasons to Get Pre-Approved for a Home Loan Maine
- 5 tips to get your home ready for sale Maine
- 5 Tips for an Easy Local Move Maine
- 21 Ways to Enjoy Your New Home Maine
- 5 Useful Tips In Selling House Maine
- 1031 Exchange Maine
- 10 Easy Ways to Update Your Home Maine
Related Articles
- 5 Home Buying Mistakes Maine
When's the last time you checked out your credit scores? A lot of us don't think much about our credit until it's time to purchase a home and then it may be too late. Avoiding these five common financial fiascos can save you money and headaches.
- 5 Ways to Help Your REALTOR® Maine
- 7 tips to sell your home Maine
- 8 Reasons to Get Pre-Approved for a Home Loan Maine
- 5 tips to get your home ready for sale Maine
- 5 Tips for an Easy Local Move Maine
- 21 Ways to Enjoy Your New Home Maine
- 5 Useful Tips In Selling House Maine
- 1031 Exchange Maine
- 10 Easy Ways to Update Your Home Maine

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History