Firstly, unless someone found you a house before you arrived from another city, province or outside Canada, renting is stressful. This article aims to reduce that stress by informing you ahead about what to do even before you arrive. This article will be focusing on New Brunswick. However, the information shared by and large will be the same for the rest of Canada except for a few items. Renting a home in Greater Moncton Area (GMA), New Brunswick for example involves several steps to ensure a smooth and successful rental experience. Here’s a 10 point guide outlining the process:
- Determine Your Needs and Budget: Before starting your search, define your requirements such as location, size, amenities, and budget. Consider factors like proximity to work or school, transportation options, and desired neighborhood. Google including the maps can help you here if you know how and where to look. If you don’t know where to look, ask friends or family living in that city or any real estate professional.
- Search for Rental Listings: Utilize online platforms such as Realtor.ca, Kijiji, Facebook groups, or WhatsApp groups to browse available rental listings in your desired area. You can also check local classified ads, social media groups, or work with real estate agents. Myesttate services are available for a fee for tailored assistance.
- Schedule Viewings: Once you’ve identified potential properties, schedule viewings to personally inspect the rental units. Pay attention to the condition of the property, amenities, and neighborhood suitability during the visits. Never, ever pay for a rental you have not seen or got some you trust to view on your behalf. Virtual viewing is possible but remember that not every aspect of the property can be captured on camera even when professionally done.
- Submit Rental Application: If you find a suitable rental unit, you’ll need to submit a rental application to the landlord or property management company. Be prepared to provide personal information, employment details, references or guarantor, and consent for a credit check. If you are coming into Canada, it would be advantageous to open a Canadian bank account before you arrive. TD bank will allow new comers from certain countries do this.
- Review Lease Agreement: Carefully review the lease agreement provided by the landlord or property manager. Pay attention to terms regarding rent, lease duration, security deposit, maintenance responsibilities, and any additional fees or restrictions. Contact a property lawyer or Housing NB (for New Brunswick Province ONLY) if you need help with this form.
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*The information provided here is for educational purposes only. Consult professionals before making any financial or real estate decisions.
