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Andrea Koskulics
akoskulics@gmail.com
Licensed: Sales Associate
Cell: 908-907-8733

Oldwick
126 Oldwick Road
Oldwick, NJ 08858
(908) 439-2777
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Andrea Koskulics
akoskulics@
gmail.com

Licensed: Sales Associate
Cell: 908-907-8733

Oldwick
126 Oldwick Road
Oldwick, NJ 08858
(908) 439-2777
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Buyer FAQs
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Home Purchase Guide
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Home-Buying Mistakes
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Seller FAQs
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Selling for Top Dollar!
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Selling First Impressions
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Real Estate Glossary
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About Weichert
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Some things you should know about the rental process

Renting doesn't have to be complicated. Your realtor will step you thru the process, but knowing what the steps are and what they involve ahead of time will give you an edge.

Step 1 - Find your perfect place.

Step 2 - You will be asked for a current credit report. Having good credit is just as important for renters as it is for buyers - and maybe more important. While a buyer might have a few lenders they can turn to, a renter will only be looking to their new landlord for credit approval. You are entitled to a free copy of your credit report from the major credit reporting websites like TransUnion, Equifax, and Experian. The free credit report doesn't include your FICO score so be aware that some landlords require a FICO score and may ask that you pay for an additional credit report.

Step 3 - Bring proof of income to show your landlord. Proof of income can be the last 2 weeks of pay stubs. If you are changing jobs, you can bring a letter from your employer on the company letterhead stating what your new salary will be. Or if you are self employed, you may be asked to show your tax returns from the prior year or two. Discuss your specific situation with your realtor ahead of time if you have any questions.

Step 4 - Fill out the lease application.

Step 5 - Congratulations you were approved - what's next? Read over your lease and ask questions before signing - does your landlord allow pets? what additional costs will be involved (like electric, cable, phone etc)? Knowing what's in your contract will make for a smooth rental process.

Step 6 - When you sign the lease you will be asked for a few checks - the 1st month's rent, a security deposit typically of 1 & 1/2 month's rent and possibly a finder's fee, though sometimes the landlord will pay for this.

Finally - you can move in, and enjoy your new home!

Happy rental searching!