Renting

Renting

Find a rental by map search:

selling

APPROVAL TIME

If you decide to rent a property in a condo or homeowner’s association, the shortest approval time is usually 2 weeks. It can take up to 4 in some instances, when the approvals only occur during monthly board meetings. Do not expect to find a condo to rent and move in immediately. Individually owned duplexes and apartment complexes can usually accommodate immediate move in if the unit is vacant and ready.

selling

 

INCOME REQUIREMENTS

Landlords and Higher end condo associations generally require tenants to earn 3-times monthly rent amount for approval. 2.5 times monthly rent is acceptable in some cases, and usually for individually owned apartments.

 

BACKGROUND & CREDIT CHECKS

A background check, eviction history, credit score and rental history will be required for each adult 18 years an older. This is a cost paid by you the tenant. It is requested by either to the real estate agent or by a condo association during the application process. The fee ranges between $35 and $150.

selling

PETS

If you have a dog over 25 lbs, your choices of possible rentals will be limited. There are very few condos and apartments in the eastern part of Broward which will permit dogs above 35 pounds. Renting a single family home is an option, but is always up to the owner’s discretion.  Additional pet deposit will be required in most cases representing half of month or a full month’s rent.

selling

Reasons to rent

  • Flexibility.Renting allows you to explore an area before making the longer-term commitment to homeownership. Unless you are certain about a specific neighborhood, renting allows time for research and discovery.
  • Career uncertainty. If you think you might need to move in the near future, or are mulling job changes that span several areas of town or are located elsewhere in the country, you might want to rent. Buying ties you down to a greater extent.
  • Income uncertainty. If you expect a pay hike or cut in the near future, that can change your borrowing ability as well as impact your ability to pay a mortgage.
  • Bad credit. Creating a history of on-time rental payments can help you build the sort of credit you’ll need to qualify for a mortgage.
  • No maintenance expenses. When a pipe leaks, you don’t head to the store; you head for the telephone and call the landlord.
  • Utilities (sometimes) included. In some instances, the landlord may pay for many utilities such as water, sewer, garbage, and, in some cases, even heat and hot water.
  • Financial considerations

    Knowing where homeownership fits into your larger financial plan is important. Ask yourself: Would I need to make changes in my budget to buy a home? Would it mean stretching to my financial limits? Would owning allow me to still maintain my other savings goals (such as contribution to my retirement fund) and stay prepared for potential costly home emergencies such as a new roof or heating/cooling system?Renting has both advantages and disadvantages. For example, renting may provide you with more leftover cash each month, if your rent is less than a mortgage payment, and renters get to call the landlord to fix the leaky faucet. On the other hand, renters may not be allowed to make any changes to their living space and are often subjected to rent increases over time.

    Owning a home may provide you with income tax benefits (though it’s important to check with your tax advisor to see how owning would impact your personal situation). Owning a home also offers you the chance to increase your personal wealth as you pay off the principal on your loan over time and build what is known as equity. Equity is the difference between the market value of the home and the outstanding balance of the mortgage loan(s) on the home. Of course, home values can rise or fall over time, so building equity is not guaranteed. And there are significant upfront costs associated with buying, including down payment and closing costs.

    Want to estimate what you would pay each month? Use our mortgage payment calculator

    Personal preferences

    Owning a home is a financial commitment that requires you to plan ahead, reflecting on where your life is headed and what you want to accomplish along the way. Ask yourself: What additional financial goals would I like to accomplish as I make payments on a home loan? What’s more important to me: the opportunity to build equity over time or to perhaps have more cash available now?

    Renting usually makes it easier to relocate (to pursue a job opportunity, for example). And if your rent is less than a mortgage payment, renting could allow you to contribute more toward specific savings goals, such as retirement, college, future travel, investments or even putting away money for a down payment for a home in the future.

    Owning a home could make sense for you if you want to put your monthly living costs toward something you could eventually pay off and own outright. In addition, it also makes sense if you plan to stay in the area and prefer to feel settled in a home that reflects your personal tastes.

    Only you can decide whether owning a home fits your life.

     

selling

Deposits:

First, last and Security will be required in most cases. Pet, if any.

Lease Term: One year for Residential

Rental Insurance:  Required

Walk thru:  make sure to take pics of the condition of the property, this is most important for follow up with the Landlord and to be reimbursed of your deposit at the end of the Lease period.

 

The Best Team To Help you rent!

77 Results
2
Beds
2
Baths
1,274
SqFt
(37)
 
 
#F10075278 | Rental
 
2
Beds
2
Baths
1,425
SqFt
(11)
 
 
#F10089846 | Rental
 
3
Beds
2
Baths
2,336
SqFt
(13)
 
 
#F10089104 | Rental
 
3
Beds
3 | 1
Baths
2,241
SqFt
(10)
 
 
#F10089225 | Rental
 
4
Beds
4
Baths
2,200
SqFt
(12)
 
 
#F10089991 | Rental
 
3
Beds
3 | 1
Baths
N/A
SqFt
(8)
 
 
#F10089290 | Rental
 
3
Beds
2
Baths
2,000
SqFt
(9)
 
 
#F10088844 | Rental
 
3
Beds
2
Baths
1,355
SqFt
(8)
 
 
#F10090258 | Rental
 
2
Beds
2
Baths
1,435
SqFt
(21)
 
 
#F10090540 | Rental
 
2
Beds
2
Baths
1,579
SqFt
(24)
 
 
#F10089380 | Rental
 
2
Beds
2
Baths
1,246
SqFt
(33)
 
 
#F10089582 | Rental
 
4
Beds
3
Baths
2,310
SqFt
(14)
 
 
#F10088099 | Rental
 
2
Beds
2
Baths
1,422
SqFt
(8)
 
 
#F10090049 | Rental
 
3
Beds
3 | 1
Baths
N/A
SqFt
(6)
 
 
#F10089280 | Rental
 
2
Beds
2
Baths
1,650
SqFt
(17)
 
 
#F10089429 | Rental
 
2
Beds
2
Baths
1,100
SqFt
(33)
 
 
#F10089810 | Rental
 
2
Beds
2
Baths
1,435
SqFt
(35)
 
 
#F10025825 | Rental
 
3
Beds
1 | 1
Baths
1,682
SqFt
(20)
 
 
#F10088689 | Rental
 
2
Beds
2
Baths
1,233
SqFt
(26)
 
 
#F10089766 | Rental
 
2
Beds
2
Baths
1,248
SqFt
(8)
 
 
#F10090042 | Rental
 
2
Beds
2
Baths
1,600
SqFt
 
 
 
#F10089841 | Rental
 
2
Beds
2
Baths
1,246
SqFt
(36)
 
 
#F10085232 | Rental
 
2
Beds
2
Baths
1,005
SqFt
(19)
 
 
#F10089739 | Rental
 
2
Beds
2
Baths
1,185
SqFt
(9)
 
 
#F10089921 | Rental
 
© 2017 REALTOR® Association of Greater Fort Lauderdale. All rights reserved.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Realtor® Association of Greater Fort Lauderdale, Inc. multiple listing service (MLS) in which this real estate firm participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

GFLR-Ft Lauderdale data last updated at October 22, 2017 6:55 AM ET

Let us Help You Sell It!

8
Beds
8 | 3
Baths
16,022
SqFt
(52)
 
 
#F10077935 | Single Family Home
 
6
Beds
7 | 4
Baths
14,038
SqFt
(14)
 
 
#F10088200 | Single Family Home
 
© 2017 REALTOR® Association of Greater Fort Lauderdale. All rights reserved.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Realtor® Association of Greater Fort Lauderdale, Inc. multiple listing service (MLS) in which this real estate firm participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

GFLR-Ft Lauderdale data last updated at October 22, 2017 6:55 AM ET