Laurelhurst Rental Home: $5,250

Jac_004

This charming Laurelhust home is warm and inviting and full of character, and available for rent! The property is very private with a beautiful English Garden, and the interior has been carefully remodeled with an artistic eye for detail. Features include handmade Mosaic fireplace, and vaulted ceilings in the dining room and arched Spanish style in the living room. The kitchen is a dream for entertaining with a large gas stove. The home has distinctive hardwoods and custom mill work. Upstairs bedrooms are all light and airy, and each has a balcony. For more information on this, or other Seattle rentals, contact your local real estate agent today!

Status: For Rent
Bed//Bath: 3//3
Price: $5,250

Arthur Erickson Designed Rental Home: $7,000

highlands

This beautiful Arthur Erickson designed residence in the Highlands sitting on 8+ acres is now available for rent! A masterpiece of space & light, this home features tall ceilings, and lustrous white polished concrete & glass ceiling lend a fantastic backdrop to luxurious & elegant living. If you love mountain & sound views, swimming & reflection pools, and a sculptural meadow that  enhance rich woodland setting, this home is the perfect city escape for you. If you’re interested in this or other Seattle neighborhood rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 4//4
Price: $7,000

July Seattle Rentals Real Estate Recap

King County rental activity was up the last three months with 334 leased properties in July compared to 324 in June and 243 in May according to stats from the Northwest Multiple Listing Service.  No surprise, as the summer months are often the busiest  in the rental business.

Highlands Rental Home

Highlands Rental Home

For the most part these numbers are down from the same time last year with 384 leased properties last July, 348 last June, but a whopping 329 last May in King County.  Currently, there are 385 available King County rentals on the NWMLS, with 82 in neighborhoods within 7 miles of the downtown core.  The current highest asking price is $15,000/mo for a 5 bdrm./6 bath single family home in Denny Blaine. If you’re interested in Seattle Rentals, contact your local real estate agent today.

Meadowbrook Townhome Rental: $2,295

meadowbrook

This immaculate and spacious townhome in a quiet residential neighborhood-not directly on arterial, is now available to rent! Thoughtfully designed & constructed and luxuriously appointed, this residence is a step above your typical townhome. All 3 bedrooms are good sized and have an attached bath. Large, open kitchen with maple cabinetry, stainless appliances and slab granite countertops. Slate entry, gas fireplace & extensive use of ceramic tile. There is also a small fenced patio off lower level suite. One car attached garage. For more information on this or other Seattle rentals, contact your local real estate agent today.

Status: For Rent
Bed//Bath: 3//3
Price: $2,295

Madison Park Rental Home: $6,250

madison park rental home

This nice sunny Madison Park home on a corner lot with a huge level and enclosed lawn area is now available for rent. Incredible, authentic craftsman features updates throughout, four bedrooms plus an office and sitting room. Kitchen, family room, and four and a half bathrooms with heated floors in a wonderful location, right across from McGilvra Elementary school and a short distance to Madison Park shops and restaurants. This is a classic home and fantastic location! If you’re interested in this, or other Seattle area rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 4/4.5
Price: $6,250

Summerwind Rental Home: $2,295

Renton highlands home

This gorgeous home in the Summerwind neighborhood in the Highlands area of Renton is now available for rent! This 3 bed/2.25 bath home offers a spacious living & dining room with vaulted ceilings and a wood burning fireplace. The kitchen has an abundance of natural light, stainless steel appliances, new cabinets and opens to a sunken family room. The entertainment-sized patio is surrounded by a lovely landscaped yard with a sprinkler system. This home is near great schools, and within walking distance to numerous shops. If you are interested in this or other Seattle area rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 3/2.5
Price: $2,295

Things You Can Do To Secure Your Rental Deposit Back

When tenants move out of their rentals, there are many things that landlords and tenants tend to disagree on in terms of acceptable  wear on the living space. Some landlords won’t charge tenants for minor scratches on the wall and floors, but if you want to receive most of your damage deposit back, here is a nice checklist of things you can do to ensure the deposit lands in your bank account. Be sure to do a walk through with your landlord upon moving in and out of your rental, and take photos of any damage to the walls, windows, appliances etc to make sure you are not held liable for those damages when you move out. windermere

If you live with a pet or have some noticeable stains to the carpets, be sure to give your carpets a good cleaning prior to the move out inspection, as this is something many tenants are charged for. You also want to make sure you have it in writing for who is responsible for cleaning the carpets when you move out. When you’re doing the move out walk through with your landlord, be sure to take note of any damages they intend to hold you accountable for, and review your move in notes and photos to be certain they weren’t there before you moved in. Any discrepancies should be brought to their attention prior to your move out. If you are interested in finding a new rental home, contact your local real estate agent today.

Ready To Move? Time To Take Inventory

Have you found the perfect rental, and are getting your belongings together for the big move? Stop what you’re doing, because this provides an excellent opportunity to scale down, and take a good inventory of your possessions. While adding an extra step to the already growing list of things to do before your move might not seem appealing, a little more work now could save you time and energy in the long run. leschi rental11

First, make a detailed list of all of the contents of your home, including a good description of each item,  a date if you know when the items were purchased, estimated costs and estimated current value, and the make/model of the item. Snapping a photo of each item as you check it off the list will also be helpful as both proof of purchase, and to jog your memory. Set items aside that you have not used in a while, and are ready to be given to Goodwill or thrown out. While this might seem tedious, a good detailed inventory list could benefit you should you need to file a home insurance claim, and will work to help protect your home. This should also help you determine what the right amount of rental insurance coverage will be for you, and if you’ll need to purchase a higher or lower limit coverage. If your house were to burn down right at this moment, would you be able to name every single item in your home? Having a detailed list can help you and your insurance adjuster claim all of your items in the event of a natural disaster or break-in. Keep a master copy of the list in your home to easily update, and keep a digital copy of the file online, saved somewhere safe that you may access easily from other computers, should your computer get stolen or damaged. For more information on Seattle rentals, contact your local real estate agent today.

Credit Bureaus Now Considering Rent Payment History In Score Criteria

housing-marketYour credit score. That elusive number between 300 and 850 that seems to follow you around wherever you go, determining whether you can buy that new car, rent that apartment, and perhaps most distressing for many Americans – whether you can become a homeowner. For many mortgage lenders, the minimum credit score required to approve a home loan is 640, and until now, on-time rent payments have not been a factor in determining your score. For many long-time renters who have accumulated a perfect track record of on-time payments, that omission has been a lost opportunity to give their credit a boost.

But now, Experian and TransUnion, two of the major national credit scoring bureaus, have begun using rental payment data in their credit-scoring criteria in partnership with a website called RentTrack. The site aims to help renters build credit by allowing them to pay their rent online, and by allowing landlords to report their tenants’ payment records to the bureaus. According to this report, almost 20 percent of renters saw their credit scores increase by 10 points after just a month of their landlord reporting payments. While it costs $1.95 per month for renters to use the site to pay online, they can also use it to track their credit progress, and many landlords will cover the cost.

For someone who hasn’t had much opportunity to build credit, this is a great way to practice good habits by making sure your rent is paid on time while simultaneously raising your credit score and opening the door to a future mortgage and home purchase. For more information on renting in Seattle, contact your local real estate agent today.

Average Rent In Seattle Area Nearing $1,300 Per Month

98121After rising by 6.8 percent in the first quarter of this year, the average rent for an apartment in the Seattle area is continuing to rise as the year progresses, and the average now stands at $1,284 per month, according to a report in The Seattle Times. Since this statistic includes not just the city of Seattle but the surrounding cities, as well, there is quite a bit of variation in the average price when broken down by city, and even by neighborhood. The average in West Bellevue tops the list at $1,912 per month, while the average in SeaTac is more than $1,000 cheaper at $901 per month. In the city of Seattle alone, the average is $1,445. There is also a significant difference in rental costs depending on when the unit was built. For units built after 2010, the average is $1,754, whereas the average for a building built in the 1970′s is $1,019.

Among Seattle neighborhoods, rents in Ballard have gone up by the highest percentage, having risen 12.3 percent over the quarter to $1,628. For a neighborhood that has historically been home to mostly single-family homes, the apartment-building boom is significantly changing the residential face of the neighborhood, and while rents are high, Ballard also posted the city’s highest vacancy rate of 8.6 percent in the second quarter. There are many units still under construction, and when they are complete apartment inventory will have quadrupled over the past six years. To go along with that, vacancy rates are expected to rise to 18 percent.

If you are interested in renting in the Seattle area, contact your local real estate agent today.