You really need to know what your total upfront costs will be so you can budget appropriately.
Different landlords and management companies have different requirements for their deposit and if they require both first and last month’s rent upfront. Is there an additional pet deposit? Is it refundable? What are the application fees?
Call the utility companies and get an estimate for the deposit based on the address of the home you are considering. This way you have a realistic expectation of the amount that will be required for a deposit based on the location when it is time to set up services on move in. Being able to budget ahead of time is extremely important and will also allow for you to eliminate homes that you cannot afford the total move in costs associated with it.
Contributors: April Kozlowski Palomino from Coldwell Banker Residential Real Estate