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Apartment A has a $1000 deposit and cost $1200 each month apartment B had a $1500 deposit and cost $1175 each month how many months will it take for the costs to be the same?
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Apartment Living: The Search Is On?
If you are in the market for an apartment, there are many things to consider. Although cost is a huge deciding factor, amenities, location and size play into the decision as well. Here are a few things to take into consideration before and during your search. • Figure out how much you can pay in rent monthly. Also include utilities and water. Some apartment communities include these costs along with the rent; however, you will want to have a rough number for budgeting. • Write down what amenities you are interested in. For example, if you would like to have access to a pool or gym, this can help gauge your search. Some apartment communities have club houses or computer rooms. It all depends on what you need and want. • If you have a pet, take into consideration that you will probably have to pay an extra fee monthly, and most apartment communities require an extra deposit depending on what type of pet you have. • Use the internet and the local paper for your search. Most apartment communities accept walk-ins for viewings; however, it is wise to make an appointment. Also, when you call to make the appointment ask the representative if the apartment community is offering any specials. These specials may include free rent for a month if you sign a year lease or money off if you refer a friend. • While viewing the apartment home, inspect it carefully and ask as many questions as you can. • If you like the apartment, you will be required to fill out an application, and some communities charge an application fee. Additionally, your credit will be checked, and references may be requested. Initially getting into an apartment can be expensive. Most communities request first and last rent, a cleaning deposit and a pet deposit if applicable. Additionally, they may require other fees up front such as a parking fee or key deposit. It can dent the pocket book. If you are serious about getting into an apartment, pack your patience and your bank account.
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You should focus on location, monthly costs, what services are provided like internet, cable, electricity. A detailed search can help you find an apartment with all the criterias you decide on.
