Patriot’s Deal of the Week

Get into a luxury apartment for little-to-no up-front money

During a slow time of the year, luxury communities need some way to entice renters.  Often times, reliable tenants are out there and interested, but are discouraged by the idea of coming up with two full months of rent up-front.  So, some communities have decided to drastically reduce the move-in costs for qualified applicants.

The best example is at this brand-new luxury community in South Boston. Here, if your credit is good enough, you won’t pay a security deposit.  Or last month’s rent.  They’re even offering the first month free.  That means a qualified renter doesn’t owe a thing – except an application fee and a holding deposit – until their second month in the building.

And they’re not the only ones.  This high-end residence in Quincy requires no security deposit.  One management company, which owns more affordable communities like this one in Quincy, reduced its security deposit to $99 and waived its amenities fee.  This one, near Quincy Center, is offering two months free up-front on select apartments.

Right now, if you can afford the rent and your credit history is in good order, a luxury community will reward you by making your move-in as inexpensive as possible.

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