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Should you message an owner when trying to rent a house

how much do real estate agentsmake

Wondering if it's a good idea to message a house owner when looking to rent? Read on to find out the benefits of reaching out and how it can improve your chances of securing the perfect rental.

Finding the perfect house to rent can sometimes feel like searching for a needle in a haystack. With countless options available, it's important to take advantage of every opportunity to stand out from the competition. One way to increase your chances of securing your dream rental is by reaching out and messaging the owner directly. In this article, we will explore the benefits of contacting an owner when trying to rent a house in the US and provide you with some useful tips on how to approach the conversation.

  1. Improved Communication and Personal Connection

When you message the owner directly, you have the opportunity to establish a personal connection right from the start. This can help you stand out among other potential renters and increase the likelihood of the owner considering you as a reliable tenant. By engaging in direct communication, you can also clarify any doubts or questions you may have regarding the property, rental terms, or application process.

  1. Gain Insider Information

Messaging the owner allows you to gain valuable insider information about the property

In Connecticut, sellers are typically responsible for paying real estate commissions (usually around 6 percent of the purchase price in total) and a conveyance tax that ranges between 1 and 2.75 percent of the purchase price.

What is property sales tax in CT?

The cost is typically a percentage of the sale price or appraised value of the real estate that is bought or sold. The base state transfer tax is 0.75% for the first $800,000 of the sale price. Thereafter, a 1.25% rate applies to the portion of a residential dwelling exceeding $800,000 but less than $2.5 million.

How much is real estate tax in CT?

1.96%

Overview of Connecticut Taxes

Connecticut homeowners pay some of the highest property taxes in the country. The state's average effective property tax rate (taxes as a percentage of home value) is 1.96%, which ranks as the third-highest of any state in the U.S. Not in Connecticut?

Is property tax based on purchase price in Connecticut?

Towns must assess property based on its present true and actual value (i.e., fair market value), which means the price the owner can obtain in any transaction that is not a forced or auction sale (CGS § 12-63). They must tax all real and personal property at 70% of its fair market value (CGS § 12-63).

How much are closing costs in CT?

The closing cost in Connecticut for buyers are approximately 2%–5% of the home's agreement value. While the sellers are expected to pay around 6%–10% of the home's purchase price.

How much tax do I pay when I sell my house in CT?

The State of Connecticut and Town where the property sits are each entitled to a portion of the sales price as a conveyance tax. The State collects . 75% of the first $800,000, 1.25% on all amounts between $800,000 and $2,500,000, and 2.25% on all amounts above $2,500,000. The Town typically receives .

What is the IRS tax rate on home sale?

If you sell a house or property in one year or less after owning it, the short-term capital gains is taxed as ordinary income, which could be as high as 37 percent. Long-term capital gains for properties you owned for over a year are taxed at 0 percent, 15 percent or 20 percent depending on your income tax bracket.

Frequently Asked Questions

Do sellers pay closing costs in CT?

Both the buyer and the seller have to pay certain closing expenses in Connecticut. Seller closing costs in Connecticut can amount to 8%-10% of the final sale price of the home. This does not include the mortgage payoff. The biggest closing cost (5%-6%) the seller has to pay is the listing and buyer's agent commission.

How much tax do you pay when you sell your house in CT?

In Connecticut, sellers are typically responsible for paying real estate commissions (usually around 6 percent of the purchase price in total) and a conveyance tax that ranges between 1 and 2.75 percent of the purchase price.

What are the biggest closing costs usually paid by sellers?

Real estate agent commissions are the most significant closing cost the seller typically pays. It's common for the seller to pay the commission for both the listing agent and the buyer's agent.

Do I need an attorney to sell my house in Connecticut?

A real estate attorney is needed when selling a house in Connecticut to do the closing on the sale, as well as securing many documents as legally binding and safe. The seller should have the advice and guidance of an attorney with respect to a brokerage agreement.

What do you say to convince a landlord to rent to you?

Have the full address, the dates you lived there, and the reason why you left each residence at your fingertips. Proof of ability to pay. Landlords will often accept a recent pay stub showing your current income, the prior year's tax return, or a current bank statement as proof of your ability to pay the rent.

How do I make an offer on an investment property?

7 steps to make an offer on a property
  1. Get a mortgage preapproval.
  2. Shop around for an investment property.
  3. Determine the offer price for the rental.
  4. Review contingencies.
  5. Submit a written offer.
  6. Negotiate the purchase and sale agreement.
  7. Finalize the contract and open escrow.

How do you say no to an apartment offer?

“I thank you for taking the time to work with me, but I've decided to decline your offer.” Short, simple and direct. No need to explain, to mince words or “dance” around with flowery language. Landlords are busy people and don't have time for sentiments.

What not to say to a landlord?

5 Things You Should Never Say When Renting an Apartment
  • 'I hate my current landlord' Every potential landlord is going to ask why you're moving.
  • 'Let me ask you one more question'
  • 'I can't wait to get a puppy'
  • 'My partner works right up the street'
  • 'I move all the time'

How do you justify renting?

  1. 1) No Maintenance Costs or Repair Bills.
  2. 2) Access to Amenities.
  3. 3) No Real Estate Taxes.
  4. 4) No Down Payment.
  5. 5) More Flexibility As to Where to Live.
  6. 6) Few Concerns About Decreasing Property Value.
  7. 7) Flexibility to Downsize.
  8. 8) Fixed Rent Amount.

FAQ

What taxes do you pay when selling a house in CT?

In Connecticut, sellers are typically responsible for paying real estate commissions (usually around 6 percent of the purchase price in total) and a conveyance tax that ranges between 1 and 2.75 percent of the purchase price.

How do real estate taxes work in Connecticut?

Connecticut Property Tax Rates

Municipalities in Connecticut apply property taxes in terms of mill rates. A mill rate is equal to $1 in taxes for every $1,000 in assessed value. To calculate your tax based on your mill rate, divide your assessed value by 1,000 and multiply the result by your mill rate.

Is there capital gains on the sale of a house in CT?
A seller qualifies for tax-free gains by meeting these requirements: You have owned and used the property as your main residence for at least two of the last five years before a sale; Your profits are less than $250,000 if single or $500,000 when married and filing jointly; and.

How much is capital gains tax in CT on real estate?

Connecticut's capital gains tax is 6.99%.

What do you say when trying to rent a house?

Dear (Landlord name), My name is (Your name), and I'm writing to you to express my interest in the home at (address or property name). I would love to live in this place because (reasons you want to rent the property). I currently am a tenant at (current address) but am ready to move because (reason for moving).

Is it OK to text landlord?

If, however, there are terms in the original lease agreement that allow for texting to be considered as legal written notice, then texting is indeed legally binding. Parties are free to define the terms of their "writing" requirement.

How do I convince the owner to rent?

To show landlords that you care about the same things they care about, find ways to show them that you can truly afford the rent, that you can take care of their place and keep it in good shape, and that you aren't the kind of person to cause problems with other tenants or neighbours.

Which costs are paid by the seller?

For instance, buyers might pay an appraisal fee, mortgage origination fee, prepaid mortgage interest and homeowners insurance. Sellers often pay real estate agent commissions, title transfer fees, transfer taxes and property taxes.

What taxes do I pay when I sell my house in CT?

In Connecticut, sellers are typically responsible for paying real estate commissions (usually around 6 percent of the purchase price in total) and a conveyance tax that ranges between 1 and 2.75 percent of the purchase price.

Should you message an owner when trying to rent a house

What are average closing costs in CT?

The average closing cost for a buyer in Connecticut is 2.1% of the total purchase price, as per ClosingCorp. It includes the cost of financing, property-related costs, and paperwork costs.

Which of the following fees are almost always paid by the seller?

In California, the seller pays the Documentary and Property Transfer Tax, which is usually $1.10 per $1,000 of purchase price. Some cities have higher rates. This tax is split between the County and the City.

What is the capital gains tax on a home sale in Connecticut?

Connecticut's capital gains tax is 6.99%. Taxes capital gains as income and the rate reaches 6.60%.

Do you need a lawyer to sell a house in Connecticut?

Do you need an attorney to sell your house in Connecticut? Connecticut law requires that a licensed attorney must conduct all real estate closings. Often, the closing attorney is there on behalf of the lender. However, it's wise to hire your own representation as soon as you decide to sell your home.

What do you say when interested in an apartment? Do:
  • State who you are and why you need a rental.
  • Mention where you found their ad and how you can afford the rental.
  • Offer to provide references (work/volunteer/housing office)
What do you say when following up on a rental application?

If you haven't heard back after three days, you should send a polite follow-up email like: Hi <Landlord>, This is John Smith. We just want to follow up on the status of our application with you for 123 California.

What do you say when a landlord asks about yourself?

To make a good impression on your landlord, you should describe yourself as the best tenant in a cover letter. Drop a few lines about your lifestyle and say what kind of person you are. If your background is not impeccable, provide a brief explanation of why you had issues in the past and what you did to fix them.

What do you say when you want to rent?

Dear (Landlord name), My name is (Your name), and I'm writing to you to express my interest in the home at (address or property name). I would love to live in this place because (reasons you want to rent the property). I currently am a tenant at (current address) but am ready to move because (reason for moving).

How to do a short sale in CT? 5 STEPS OF THE CT SHORT SALE PROCESS:
  1. Seller Consultation. This is the first and most important part of the short sale process.
  2. Get the Home on Market.
  3. Secure a Buyer.
  4. Get Short Sale Approval.
  5. Close.
  • How fast can you short sell a house?
    • A short sale can take as little as a few weeks or as long as several months. Because short sales are complicated transactions, they tend to be more time-consuming. Plus, the original lender needs to review the short sale offer to determine whether they will accept it.

  • What's the most difficult step when pricing a short sale?
    • The most difficult step when pricing a short sale is getting the lender to accept the list price. Short sale is the sale of stock which the seller does not own and to accomplish short sale, trader borrows the stock on the margin for specified time and sell it when the price is reached or time expires .

  • Which of the following is the most common requirement to a successful short sale?
    • The elements of a successful short sale are generally these: The property is worth less than is owed. The seller has some hardship that makes it impossible or extremely impractical for the seller to keep the property. The seller is cooperative and willing to work with a real estate broker to package the short sale.

  • What are the requirements for short selling?
    • For starters, you would need a margin account at a brokerage firm to short a stock. You would then have to fund this account with a certain amount of margin. The standard margin requirement is 150%, which means that you have to come up with 50% of the proceeds that would accrue to you from shorting a stock.

  • How do you email someone about renting a house?
    • What to Include in a Rental Cover Letter
      1. Summarize Your Employment History. A landlord is far more likely to rent to someone with steady employment – they need the tenant to be able to pay rent every month.
      2. Share Your Hobbies.
      3. Discuss Your Thoughts on What Makes a Good Neighbor.
      4. Explain Why You Want To Live in This House.
  • How do I make sure my Craigslist rental is real?
    • How To Avoid Being A Victim Of Rental Fraud When Searching For Craigslist Rentals
      1. See the property.
      2. If the monthly rent is too good to be true, it is!
      3. Don't send money upfront.
      4. Meet the landlord.
      5. Do some research:
      6. Never send money.
      7. Landlord shows no interest.
      8. Follow your gut.
  • How do I respond to a rental ad on Craigslist?
    • You can reply to any post on Craigslist — just click the "reply" button at the top left of a post, and complete the Captcha puzzle if you're asked to. Some Craigslist listings will offer a phone contact to call or text, though most listings will only offer an email contact.

  • How do you respond to a housing ad?
    • Mention specific things from the ad.

      If they mention that the available room comes with a shared bathroom, mention how quick your showers are, or how spotless your current bathroom is! Show them that you read the ad carefully and thoroughly, and you know exactly what the living situation will be like.

  • What do you say when inquiring about a rental?
    • Do:
      • State who you are and why you need a rental.
      • Mention where you found their ad and how you can afford the rental.
      • Offer to provide references (work/volunteer/housing office)

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