Almost 90% of the homes currently listed for rent in Wellington are available for immediate occupancy, which means the landlord is looking for a tenant to take possession of the property and start paying rent NOW.
Since it is rare that a tenant searching for a Wellington rental has to move “immediately” it is common for landlords to “hold” a property for 1-4 weeks and in order to do so a tenant should be prepared to sign a lease and put down a deposit.
Sometimes the landlord will require a deposit of one month’s rent while other times they will want all of the money due up front (example: first month’s rent, last month’s rent and security deposit).
If a Wellington home for rent is located in a community that has a HOA (Homeowners Association) in place it will probably be impossible for immediate occupancy because it is likely that HOA approval is needed, which will usually take 1-30 days.
My recommendation for tenants looking to rent a home in Wellington is the following:
2. Determine your needs vs. wants
3. Gather documentation landlords will require
5. Start looking at homes 30-45 days prior to your move date
If you are need assistance finding a home to rent in Wellington Florida contact us today or fill out our Online Rental Questionnaire.
Originally posted at http://wellingtonhometeam.com/how-long-will-a-wellington-landlord-hold-a-property/
