Century West Properties News!

To Rent or to Buy? That is the Question…

2011-12-28T08:28:00.000-08:00

We have all been in the situation where we wonder what would be best for us in a certain period of time; to buy or to rent? We have to consider some relevant factors to decide what would benefit us more, including the current recession we are going through in our country.

Considering the opinion of many, it all started with the real estate issue of the Banks lending money to people not qualified for housing, we all have to wonder how appropriate it is to invest in a house at this moment and how convenient is to pay rent.

Considering the opinion of many, it all started with the real estate issue of the Banks lending money to people not qualified for housing, we all have to wonder how appropriate it is to invest in a house at this moment and how convenient is to pay rent.

Century West properties invites you to consider the pros and cons of renting vs. buying a property. At the end of this helpful list you will be able to draw your own conclusions:

Renting Advantages:

More fixed costs for the term of the lease
Provides more mobility or flexibility when your lease is up. You can choose whether leaving or renewing your lease.
If there are damages or pending repairs, unless they are caused by your poor handling, the landlord or property management will carry with the costs of repairs.
When renting you only have to pay the application fee, security deposit and monthly rent.

Renting Disadvantages:

Regardless of the increase or decrease in value of the property, you will never gain equity.
You cannot decide on remodeling or making changes to the property to adapt it to your personal preferences, unless authorized by the owner.
You do not get any tax breaks, they all are a benefit that the landlord will profit from.

Buying Advantages:

Down the road your mortgage balance will decrease and you will start building up equity, even if there is no increase on the home value.
You are able to remodel or redecorate your property as you wish.
If there would be tax advantages attached to home ownership you would be entitle to enjoy of its benefits.

Buying Disadvantages:

Your equity is variable: it might go up, down or stay stagnant.
If you decide to move, you might have to sell your property
All repairs and remodeling are to your cost.
In order to move in to your property, you will need a larger amount or down payment.
With the current recession in the country, it is very risky to invest in real state because of the economy’s instability.

Our property management company in Santa Monica offers you a large and constantly updated selection of apartments. From the much searched apartments in Brentwood to the exclusive apartments in Bel Air to those in quieter areas, you will find that Century West Properties always has the right place to suit each prospect’s wishes and needs!

VISIT OUR WEBSITE OR CALL TODAY TO FIND AN INCREDIBLE APARTMENT ON THE WESTSIDE! (310) 899-9580

Spectacular Apartment in Miracle Mile!

2011-02-24T13:58:00.000-08:00

328 Cloverdale Ave #109 Los Angeles, CA 90036

Location! Great building walking distance to the Grove! Pet Friendly

Available: 3/1/2011

Contact: Paul at 323-936-5071

Rent Los Angeles Apartments VISIT US! www.rentcwp.com

2011-01-31T08:49:00.000-08:00

VISIT US AT

www.rentcwp.com

Amazing Apartment in Brentwood!

2011-01-27T08:18:00.001-08:00

11660 Mayfield Ave #104 Los Angeles, CA 90049

Contemporary building in the heart of Brentwood. Pet friendly!

Available: 2/28/2011

Contact: Charles at 310-820-4499

Apartment in Miracle Mile

2010-09-08T09:00:00.000-07:00

328 Cloverdale Ave #206 Los Angeles, CA 90036

Great Location! Great building! 2 Bedrooms, 2 Bathrooms, Parking: Tandem

walking distance to the Grove! Courtyard Unit~CATS ONLY!

Available now!!

Contact: Paul at 323-936-5071

Incredible Apartment in West Los Angeles!!

2010-08-30T09:00:00.000-07:00

1706 Brockton Ave, Los Angeles, CA 90025

New Remodel in vintage gated building with pool close to Santa Monica. Upper new remodel. 2 Beds, 2 Baths • Parking: 1

Available now!!

Contact:

Selene at 310-826-6953

Gorgeous Apartment in Palms!!

2010-08-30T08:55:00.000-07:00

3554 Vinton Ave, Los Angeles, CA 90034

Traditional 2 story building with lushly landscaped courtyard. Pet friendly,

2 Bed , 2 Bath • Parking: 2

Available now!!

Contact:

Shenay at 310-622-5085

Charming West Los Angeles Apartment!!

2010-08-30T08:45:00.000-07:00

1507 Federal Ave, Los Angeles, CA 90025

RENT SPECIALS!!

Vintage building with courtyard swimming pool. North of Santa Monica Blvd, 1 Bed, 1 Bath • Parking: 1

Available now!!

Contact:

Josh at 818-618-7990

Questions a Tenant Always Wonders when Renting an Apartment!!

2009-10-01T13:33:00.000-07:00

Century West Properties provides very useful answers to questions tenants always wonder at the moment they rent an apartment according to our tenant policies. Simple things are sometimes important to have into consideration when you are a tenant in a certain situation, this is why our property management company in Santa Monica offers you this information:

How long can I have a visitor stay with me in my apartment?
Visitors are limited to 14 days per year. Longer visits must receive written approval.

Can I paint the walls in my apartment a different color?
Making any changes to the unit without permission is strictly prohibited in your lease and may be grounds for eviction. Please obtain prior written approval from Century West Properties beforehand.

I did some repairs around my house; can I take that amount off of my rent?
Making deductions in your rent without prior approval can be cause for eviction. The amount of rent due is your contracted amount. There are some situations where rent deductions are allowed, but only if they have been pre-approved by management.

I am having a plumbing problem! What do I do?
Call your resident manager or our office immediately!

What should I do in an emergency?
In case of fire or flood or other major emergencies, please dial 911. Other maintenance emergencies can be reported to our 24 hour maintenance emergency line at 310-899-9480.

Who pays for repairs in my unit?
You will only be billed for repairs if the repair was a direct result of actions that were the tenant’s responsibility.

When is my rent due and who do I make the check payable to?
Your rent is due on the first. Please check with your resident manager or the management office to find out who to make the check payable to.

Can I break my lease?
Breaking your lease can be detrimental to your credit and rental history. In special circumstances, a tenant can break their lease, however, fees to re-lease the unit, including leasing, advertising, administrative and maintenance costs, will be incurred. Please refer to your rental agreement for more information.

What do I do if a roommate leaves but I am staying?
All tenants vacating should give a written notice of vacating the unit. This will release them from financial responsibility of the rent if the current tenancy is month to month.

When can I expect to receive my security deposit refund?
Your refund check will be mailed to you in accordance with state laws or within the time stated in your rental agreement. For more information about the security deposit refund process, please visit California Department of Consumer Affairs publication titled California Tenants-A guide to Residential Tenants’ and Landlords’ Rights and Responsibilities.

For More Questions Click Here!

VISIT OUR WEBSITE FOR MORE INFORMATION
OR CALL (310) 899-9580

Century West Properties News!

To Rent or to Buy? That is the Question…

Renting Advantages:

More fixed costs for the term of the lease

Provides more mobility or flexibility when your lease is up. You can choose whether leaving or renewing your lease.

If there are damages or pending repairs, unless they are caused by your poor handling, the landlord or property management will carry with the costs of repairs.

When renting you only have to pay the application fee, security deposit and monthly rent.

Renting Disadvantages:

Regardless of the increase or decrease in value of the property, you will never gain equity.

You cannot decide on remodeling or making changes to the property to adapt it to your personal preferences, unless authorized by the owner.

You do not get any tax breaks, they all are a benefit that the landlord will profit from.

Buying Advantages:

Down the road your mortgage balance will decrease and you will start building up equity, even if there is no increase on the home value.

You are able to remodel or redecorate your property as you wish.

If there would be tax advantages attached to home ownership you would be entitle to enjoy of its benefits.

Buying Disadvantages:

Your equity is variable: it might go up, down or stay stagnant.

If you decide to move, you might have to sell your property

All repairs and remodeling are to your cost.

In order to move in to your property, you will need a larger amount or down payment.

With the current recession in the country, it is very risky to invest in real state because of the economy’s instability.

VISIT OUR WEBSITE OR CALL TODAY TO FIND AN INCREDIBLE APARTMENT ON THE WESTSIDE! (310) 899-9580

Spectacular Apartment in Miracle Mile!

*Rent Los Angeles Apartments* VISIT US! www.rentcwp.com

Amazing Apartment in Brentwood!

**Apartment in Miracle Mile**

Incredible Apartment in West Los Angeles!!

Gorgeous Apartment in Palms!!

Charming West Los Angeles Apartment!!

Questions a Tenant Always Wonders when Renting an Apartment!!

Rent Los Angeles Apartments VISIT US! www.rentcwp.com

Apartment in Miracle Mile