If you are looking for someone to rent your home and two different people with eligibility have applied, you might be wondering if you can ask them to beat the price that was originally asked for..and whoever is willing to pay a higher rent, take the place. The Dimora Team are real estate experts in the Novi and Northville neighborhoods and we feel that the best thing to do is to work with a Realtor to find out what the going rate is for rentals in your neighborhood and to assist you in leasing your home. Some neighborhoods have rent control districts, so there will be a legal limit for the amount you will be able to charge. If you have current rental statistics, you will know what to fairly charge in rent. Check out below to see what sold in Olde Orchard in August 2015:
24407 Olde Orchard Street, Novi: 2 bedrooms, 1.1 bathrooms, 1,048 sq. feet, Sold Price: $117,900
Olde Orchard Home Sold
24447 Olde Orchard Street, Novi: 2 bedrooms, 1.1 bathrooms, 1,048 sq. feet, Sold Price: $119,899
Olde Orchard Home Sold
Also, its a good idea to look online at the Michigan landlord and tenant laws. You have many legal responsibilities to your tenants that you might not have realized. For more information on Olde Orchard, or similar Northville or Novi neighborhoods such as Lakewoode Parkhomes, Crosswinds West and Country Place, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.