Apartment Rentals in New York City – what you need to know.
Posts Tagged ‘security deposit ’
The guarantor must meet high financial standards since he/she must support his/her own household as well as your household if you fail to pay the rent. Landlords usually require that a guarantor should have a good credit history and an income at least 75 times the monthly rent.
Public Advocate Bill de Blasio has created a website for renters to track New York City\’s worst landlords. \”We want these landlords to feel like they\’re being watched,\” de Blasio said. \”We need to shine a light on these folks to shame them into action.\”
I filled out the online form and an agent wrote me back almost instantly. Yes, the apartment was available. Just prepay and it’s yours. Sorry, no credit cards. No PayPal, either. I should wire money, including a security deposit, to the owner’s British bank account
Landlord scams can be avoided by never handing over cash or making a wire transfer to a stranger. If you must make an immediate payment, do it by check.
Thanks to the New York Times for this always needed advice: How to Get a Security Deposit Back From a Landlord By JENNIFER SARANOW SCHULTZ Given the state of the economy, there’s no shortage of stories about debt-saddled landlords delaying repayment of security deposits. Take mine. After moving to San Francisco from New York in January, my husband and I…