Almost every student needs to deal with renting. Whether it’s a long-term or short-term lease, various difficulties might occur. Entering the rental market at a young age is a hard and demanding process since it requires certain awareness and knowledge of a college student regardless the experience. Moreover, there are plenty of scammers that are willing to deceive you and would do it at any possible occasion if you don’t take precautions.
Inexperienced renters are the main targets for scammers. Believe it or not, even experienced ones might not notice a fraud. Therefore, there is a number of things you should pay attention to so that you can protect yourself.
What are the warning signs? It may be a low price of a place or the one that doesn’t fit with market rates. You should also get suspicious when a so-called landlord or owner can’t show a rental unit for a long time giving nonsensical excuses. In addition, you might be requested for a payment beforehand, even without seeing a place.
Other reasons to be cautious are non-professional office location where you are supposed to sign a leasing agreement and multiple grammatical and lexical mistakes in a lease itself. It is absolutely easy to differentiate a properly written text from the one with broken or stilted English.
Do a research of the leasing office, read reviews of the previous tenants about the property, never pay in advance, don’t sign a lease without seeing a place. It is also highly recommended to avoid cash payments. Don’t hesitate and double ask basic questions regarding a property. This way, you may catch a feigned landlord or owner in a lie.
Do you remember the point where correct grammar and syntax in a lease were mentioned? The same concerns the emails from potential landlords or owners. Remember, even if English is their second language, landlords and owners prefer dealing with potential tenants directly over a phone instead of writing poor emails.
Besides, you should never email out your personal information, namely, address, Social Secure number, phone number, banking information, etc.
Consider these tips when you look for a place to live during your student years. It is undoubtedly better to spend more time conducting a research and finding a good option now instead of dealing with negative consequences later. Put enough effort into renting process so that you get the best possible option. Moreover, being aware of the possible frauds helps you secure yourself against scammers since you already know what precautions should be taken.