Monday, January 28, 2008

Musical chairs...

It's that time of the year again when property agents are out again with their billboards. It's a seasonal thing really; it's all quiet during late autumn and Christmas season and come late Jan, viola! For that reason, you'll be hard pressed to find a landlord who'll allow you to terminate a rental contract in December, which will effectively leave the owner high and dry. On the flipside, if you're looking for a property to rent in Dec, you're in luck. Low demand and constant supply will probably mean a favorable market towards the tenant. Having said that, it always pays to put your money down only after engaging several property agents, a time consuming affair that most cannot afford.

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