Toggle Menu Header

InvestAus

InvestAus

Mortage Broker , Sydney Region

How to prepare for a smooth rental inspection

7Mo ago 0 Replies 197 Views
As a tenant, you will need to undergo routine property inspections every 3 months. Whilst it can be uncomfortable to have someone go through your home, there are a few things you can to do to ensure your inspection goes as smoothly as possible.

What happens during an inspection?
Routine rental inspections are a simple way for the landlord or property manager to ensure that everything on the property is working properly and being well maintained. You should be given adequate notice prior to the inspection, allowing you plenty of time to clean and prep your property if necessary. You may choose to be present if you prefer, or the inspection can be conducted in your absence. During this routine procedure, an inspector will walk through the home and take note of new damages, health and safety issues, or problems that might need repairs. If new damages are found you could be penalized. The best way to avoid this is to properly clean and maintain the property.
Preparing for an inspection
An inspection is usually held once every 3 months, giving you some time to prepare for the next one. If maintenance issues arise in between inspections, you should inform your landlord or property manager immediately rather than wait for the next one. This request should be made in writing. Your landlord will typically give a minimum of 7 days of notice prior to the inspection. During this time, use these tips to whip your property into shape.
1. Focus on areas that landlords worry about
Although it may be your home, the property is a landlord’s investment. As a result, they’ll be looking at it from a financial perspective. As you clean, focus on areas of the property that will cost the most money for a landlord to replace, including flooring, bathroom fixtures, and kitchen appliances. Take special care of these and make them shine. 
2. Don’t forget external areas
Make a good first impression by tidying up the garden. Freshly mowed grass makes a far better impression than crumbling pottery and dead plants. 
3. Repair minor damages yourself
Are there small scuff marks on the wall or stains on the carpet? These are the types of repairs that you can fix on your own. Cover small marks with paint, scrub out stains, or move furniture if needed to cover minor damages and deal with them later. 
4. Get pets out of the way
Save stress for both your pets and the inspector by arranging for them to be out of the house during this time. Pets may get upset by strangers passing through the home, while some agents may be nervous around dogs. 
5. Clean the house from top to bottom
You don’t have to present the inspector with a spotless house; the landlord understands that someone is living there. However, the inspection will run more smoothly without any surface clutter for the agent to sift through. Give windows a polish and floors a good sweep. 
6. Use the inspection to your advantage
If you have ongoing maintenance issues, use the inspection time to bring them up with the agent or landlord. A running toilet, tricky light fixture, or leaky faucet are all issues that should be addressed. Write down a list of these issues to present to the agent, so that they can be fixed. After all, a good inspection should be for the landlord’s and tenants’ mutual benefit.


Source:

Share on:

Top Contributors Last 30 days

1 InvestAus
2 Anuj
3 Joshua

Related Posts

Falling property prices and cheap mortgage rates have led to housing reaching its most affordable level in ten years

People are spending a smaller portion of their pay on their mortgage, investor service Moody’s has found, indicating housing affordability has dropped to a fresh new low. Two income households were spending 23 per cent of their monthly earnings on mortgage repayments in September, Moody’s said. This was a drop from the ten year average of 26 per cent. “The affordability of apartments and houses improved in all capital cities over the year to September,” the analysts said. Property prices have been falling nationally for the last five months due to the tumult of the coronavirus pandemic. “Australian housing prices declined an average 1.5 per cent over the five months to September 2020 because of the economic fallout from the coronavirus,” the analysts said, “though prices still rose 3.2 per cent over the year to September.” Get details at: x Housing at its most affordable level in a decade Falling property prices and cheap mortgage rates have led to housing reaching its most affordable level in ten years, according to analysts. www.ratecity.com.au
InvestAus
InvestAus
21Hr ago 13 Views

Australian mortgage delinquency rates will continue to increase over the next year

Delinquencies have increased to its highest level in Victoria since 2005 and since 2013 in NSW, according to a new report by Moody’s Investors Service. As of May 2020, Victoria and NSW saw delinquency rates at 1.85 per cent and 1.71 per cent, but were up 0.20 per cent and 0.23 per cent from May 2019 and at their highest level since 2005 and 2013, respectively. “We expect mortgage delinquency rates will increase on average in Australia over the next year given the ongoing economic fallout from the coronavirus. Delinquency rates will vary across states, cities and regions, depending on economic circumstances in each area, which will be closely tied to virus outbreaks and measures to contain them,” Moody’s vice-president and senior credit officer Alena Chen said. According to Ms Chen: “Apartment prices are more at risk than house prices given the lower demand for units in the current uncertain economic environment. Prices in areas with a high concentration of coronavirus-exposed industries will also be at risk.” Australian house prices declined 2.8 per cent on average over the five months to September, led by a 2.9 per cent decline in Sydney and a 5.2 per cent decline in Melbourne. Prices rebounded in Brisbane, Perth and Adelaide in September, rising over the month after earlier falls. Source: x Mortgage delinquency rates to continue rising in 2... Australian mortgage delinquency rates will continue to increase over the next year due to the ongoing economic fallout from the COVID-19 outbreak, although arrears will vary by region depending on eco... www.smartpropertyinvestment.com.au
Liam
Liam
22Hr ago 65 Views

NSW: More Aussies are considering refinancing

Another rate cut may be on the cards in the coming months but record low interest rates have already got Aussie homeowners fired up – and nearly one in three are exploring their refinancing options. Polling by the comparison site also showed 34 per cent of homeowners were planning to refinance. This included the 5 per cent of homeowners who were planning to refinance in the next four weeks and the 11 per cent who would refinance in the next two to six months. “The pandemic has made people assess where every dollar they earn goes and refinancing a mortgage can lead to a huge leap in savings,” he said. The lowest three-year fixed rate is 2.14 per cent, nearly 2 per cent lower than the average variable rate, according to Finder. Low rates have also encouraged first homebuyers. First homebuyer spending shot to an 11-year high in August, with housing experts revealing cheap credit combined with government incentives helped more people secure homes. Source: x Aussies in rush to refinance as cheaper rates unlo... Homeowners can save up to $8900 a year by making one change to their home loans, new modelling shows – and a rising share of owners say they are planning to take advantage. www.realestate.com.au
Anuj
Anuj
22Hr ago 9 Views

Reviews on Fairfax Street

Is Fairfax Street, The Ponds, a good place to live?
Sam2018
Sam2018
2D ago 23 Views

Good suburb near central station

Hi Everyone, I'm looking to relocate to a suburb which is 20 min from central station. Please suggest locations suitable for family with kid and access to good day care near by.Thanks in advance.
Harsha
Harsha
2D ago 16 Views

Is it the best time to buy a property during pandemic?

A quarter of Australians believe the pandemic and its subsequent response has led to the perfect conditions to snap up a property, according to a bank’s research. About 26 per cent of people surveyed by ING believe it’s the best time to buy a property, as they look to take advantage of five continuous months of falling property prices. “While, understandably, not everyone is in a position to use their finances to invest, our research has found that for those who are, the preferred investment choice is property, especially in the current climate where interest rates are at a record low.” Properties shed an average of $12,500 since the beginning of the year, according to the Australian Bureau of Statistics (ABS), but analysts predict a recovery is on the horizon. Continue reading at: x A quarter of Aussies believe it’s the best time ... A quarter of Australians believe the pandemic and its subsequent response has led to the perfect conditions to snap up a property, according to a bank’s research. www.ratecity.com.au
Joshua
Joshua
2D ago 13 Views
4 online
AusConstruction
Marvel Properties Pvt Ltd
Bruno Ergi Gledi
minh huynh