What Type of Property are you Looking for?
Finding the perfect rental in Chicago can be an exciting yet daunting task. With its diverse neighborhoods, vibrant culture, and bustling job market, it’s no wonder that many people flock to the Windy City. However, this popularity also attracts unscrupulous individuals looking to capitalize on unsuspecting renters. To help you navigate this landscape safely, here are some essential tips on how to avoid rental scams in Chicago.
1. Do Your Research on the Market
Before you start your apartment hunt, familiarize yourself with the rental prices and trends in different neighborhoods of Chicago. Use websites such as Zillow, Craigslist, or Rent.com to get a sense of what similar properties are going for in your desired area. If an offer seems too good to be true, it probably is – particularly in popular neighborhoods.
2. Beware of “Too Good to Be True” Offers
Scammers often lure victims with incredibly low rental prices or luxury listings at bargain rates. If you come across a stunning apartment at an unbelievable price, take a step back. Verify the listing through multiple platforms and compare similar properties. If you suspect a scam, refrain from sharing your personal information and do not send money until you have done extensive research.
3. Always Visit in Person
One of the best ways to ensure a rental is legitimate is to visit the property in person. This not only allows you to see the apartment but also gives you the chance to meet the landlord or property manager. Pay attention to red flags such as a reluctance to show the property, overly friendly responses that seem scripted, or pressure to make a decision quickly.
4. Request an Application
Legitimate landlords typically require an application process. If the “landlord” is unable or unwilling to provide a rental application or lease agreement, consider this a major warning sign. An application often includes background checks, references, and proof of income. If there’s resistance to this process, move on.
5. Trust Your Instincts
Your intuition can be one of your best tools when it comes to avoiding scams. If you feel uncomfortable about a situation—whether it’s the demeanor of the landlord, the price of the rental, or vague communication—listen to that gut feeling. Always prioritize your safety and well-being.
6. Use Verified Listings
Rely on reputable websites that have measures in place to verify listings and landlords. Look for platforms that offer protection for renters, such as security deposits held in escrow or verified reviews from other tenants. Websites like Apartments.com and Cozy often have built-in safety nets and can help you avoid scams.
7. Never Wire Money or Send Cash
One of the most common tactics used by scammers is asking for a deposit via wire transfer or cash, often under the guise of securing the property. Legitimate landlords will typically accept credit cards, checks, or payments through secure platforms. If a landlord insists on cash or wire transfers, walk away immediately.
8. Check Public Records
If you’re seriously considering a rental property, check public records to verify the ownership of the property. You can look up property ownership through the Cook County Assessor’s Office online. This can help you confirm that the person you are dealing with is, indeed, the owner or has the authority to rent the apartment.
9. Review the Lease Agreement Thoroughly
Before signing any lease, carefully read the entire document. Pay attention to the terms, fees, penalties, and what’s included in the rent (utilities, amenities, etc.). If anything seems unclear or unreasonably restrictive, discuss it with the landlord or seek legal advice.
10. Stay Informed about Local Scam Trends
Stay updated on the latest scams in the Chicago rental market by following community forums, local news outlets, or legal assistance websites. Being aware of current trends in scams can equip you with knowledge that may save you from falling victim.
Conclusion
Navigating Chicago’s rental market can be tricky, but with a bit of diligence and common sense, you can protect yourself from scams. Always do your homework, trust your instincts, and never rush into a decision. By following these tips, you can find a legitimate and great rental while avoiding those who aim to take advantage of desperate renters. Happy house hunting!