Coming Available August 1st.
Plush, comfortable and roomy townhouse style duplex located on a quiet culdesac.
Newer paint. Newer appliances. Walk in closet.
Very clean.
Has a double carport with storage and additional storage off carport. A very nice home. Close to shopping, bus line and schools.
No pets and no smoking permitted.
View more details and photos at www.mrpmrentals.com
To schedule an appointment to tour this wonderful property call: 208-322-4228
Sunday, July 31, 2011
Saturday, April 9, 2011
TENANTS FACING FORECLOSURE
THE PROTECTING TENANTS AT FORECLOSURE ACT
The federal Protecting Tenants at Foreclosure Act ensures that tenants receive notice that their residential rental property was sold to a new owner at a foreclosure sale. To prevent an abrupt eviction, the Act requires the new owner to give tenants at least 90 days to leave the rental. If the property reverted to the bank or will not be used as a primary residence by the new owner, the bank (or new owner) must allow the tenants to remain in the rental until their lease expires.
The Act only protects the rights of “bona fide” tenants, which includes persons in possession of property with or without a lease, provided that:
• The person isn’t the new owner or the owner’s child, spouse or parent;
• The tenancy was the result of an arms-length transaction; and
• The rent is not substantially less than what the property’s fair market rent is (unless the rent is government-subsidized).
Section 8 Tenants
The law provides “Section 8” tenants with all of the same rights as other tenants. The new owner must give the tenant a 90-day notice to leave if the owner intends to occupy the property as a primary residence. The tenant’s Section 8 Housing Assistance Payment contract continues, and foreclosure is not a lawful reason for the owner to terminate a lease.
Enforcement of the Act
The law is self-regulating, which means that no government agency enforces it. Also, federal courts have ruled that tenants cannot file lawsuits under the Act. However, tenants may have other causes of actions or remedies and should speak to an attorney about their legal rights.
Reproduced from http://www.ag.idaho.gov/publications/consumer/LandlordTenant.pdf
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
The federal Protecting Tenants at Foreclosure Act ensures that tenants receive notice that their residential rental property was sold to a new owner at a foreclosure sale. To prevent an abrupt eviction, the Act requires the new owner to give tenants at least 90 days to leave the rental. If the property reverted to the bank or will not be used as a primary residence by the new owner, the bank (or new owner) must allow the tenants to remain in the rental until their lease expires.
The Act only protects the rights of “bona fide” tenants, which includes persons in possession of property with or without a lease, provided that:
• The person isn’t the new owner or the owner’s child, spouse or parent;
• The tenancy was the result of an arms-length transaction; and
• The rent is not substantially less than what the property’s fair market rent is (unless the rent is government-subsidized).
Section 8 Tenants
The law provides “Section 8” tenants with all of the same rights as other tenants. The new owner must give the tenant a 90-day notice to leave if the owner intends to occupy the property as a primary residence. The tenant’s Section 8 Housing Assistance Payment contract continues, and foreclosure is not a lawful reason for the owner to terminate a lease.
Enforcement of the Act
The law is self-regulating, which means that no government agency enforces it. Also, federal courts have ruled that tenants cannot file lawsuits under the Act. However, tenants may have other causes of actions or remedies and should speak to an attorney about their legal rights.
Reproduced from http://www.ag.idaho.gov/publications/consumer/LandlordTenant.pdf
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
Labels:
home rental foreclosure
Saturday, March 12, 2011
Landlords require tenants to carry renters insurance
Buying a policy to cover your possessions is always a good idea and more property owners are making the decision a lease requirement. An owner’s insurance policy never covers the tenant and or their belongings.
As the local rental market continues to tighten, many property managers are requiring each tenant or rental unit be covered by renters insurance and be a part of the lease agreement also to provide verification and its value to the landlord or property manager.
Renters who balk at paying renters insurance premium should take look at its advantages. First, renters insurance is cheap! Do some shopping; agencies can give quotes over the phone or on-line. Paying over $120 per year may be excessive unless your personal property is of high quality and volume.
Renter’s insurance policies can save big money in replacement costs if you are robbed, the rental floods damaging furniture, a fire and smoke or other damages. The policy should cover personal items replacement value, storage and hotel or other rental costs if you are required to vacate. Also the policy should cover damages finding you as the tenant at fault and is your responsibility for payment. This alone can save thousands in a legal battle.
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @ http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228?utm_medium=phone&utm_source=code
As the local rental market continues to tighten, many property managers are requiring each tenant or rental unit be covered by renters insurance and be a part of the lease agreement also to provide verification and its value to the landlord or property manager.
Renters who balk at paying renters insurance premium should take look at its advantages. First, renters insurance is cheap! Do some shopping; agencies can give quotes over the phone or on-line. Paying over $120 per year may be excessive unless your personal property is of high quality and volume.
Renter’s insurance policies can save big money in replacement costs if you are robbed, the rental floods damaging furniture, a fire and smoke or other damages. The policy should cover personal items replacement value, storage and hotel or other rental costs if you are required to vacate. Also the policy should cover damages finding you as the tenant at fault and is your responsibility for payment. This alone can save thousands in a legal battle.
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @ http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228?utm_medium=phone&utm_source=code
Labels:
renters insurance coverage
Tuesday, February 1, 2011
Low Cost Improvements to Increase Your Rentals Value
Here are some affordable updates to make to your rental home.
1. Add some color by creating an accent wall in the living room and or master bedroom. Keep the color neutral and warm; then the apartment will give a warm and inviting feel to a prospective tenant. Use only semi-gloss paint as it’s washable and uses a soft sheen making the room look brighter.
2. Brighten the lighting with clear light bulbs. No need to up the wattage as this could cause damage to the light fixtures. Clear bulbs make the lighting shine and appear brighter. Replacing switch plates and plugs gives a great updated appearance without a huge cost.
3. Update the kitchen with new light fixtures, knobs or handles on cupboard doors; brighten the colors with fresh paint or stain. These updates will make the space feel more open, fresh and very appealing. The kitchen is the most important room to update.
4. Make sure everything is clean, shiny, and smells fresh. Use an air neutralizer to remove any odors. No smell of any kind is always the best.
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @ http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228
1. Add some color by creating an accent wall in the living room and or master bedroom. Keep the color neutral and warm; then the apartment will give a warm and inviting feel to a prospective tenant. Use only semi-gloss paint as it’s washable and uses a soft sheen making the room look brighter.
2. Brighten the lighting with clear light bulbs. No need to up the wattage as this could cause damage to the light fixtures. Clear bulbs make the lighting shine and appear brighter. Replacing switch plates and plugs gives a great updated appearance without a huge cost.
3. Update the kitchen with new light fixtures, knobs or handles on cupboard doors; brighten the colors with fresh paint or stain. These updates will make the space feel more open, fresh and very appealing. The kitchen is the most important room to update.
4. Make sure everything is clean, shiny, and smells fresh. Use an air neutralizer to remove any odors. No smell of any kind is always the best.
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @ http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228
Labels:
rental home improvements
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