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How do I arrange a showing for one of your rental properties? How do I apply to rent a property and what is your application fee? What does the tenant selection process consist of? Is there a written lease agreement? What is an HOA (Home Owners Association and how does it apply to tenants? Who is responsible for caring for the landscaping? How can I learn what properties will be available for rent in the future? Are refrigerators, washers and dryers included? How long is the standard lease? How mush is the security deposit and when is it due? As a prospective tenant, what information are you looking for on my credit report? What is the policy on adding roommates at a later time?
The first thing to do is to identify a property that interests you and hopefully will meet your needs. * provide you with a brief description of the property Note: we make same day showing appointments so that: 1.) we only show properties that are still available; and 2.) hopefully everyone will remember the appointment more readily. Consequently, we do not make showing appointments days or weeks in advance. How do I apply to rent a property and what is your application fee?
- returned to our office accompanied by an application fee of
What does the tenant selection process consist of? An applicant must demonstrate a consistent and hopefully verifiable history of being a good, responsible tenant or previous homeowner. Additionally, the applicant must meet standardized financial criteria. * RENTAL HISTORY AND/OR MORTGAGE PAYMENT HISTORY
* EMPLOYMENT/INCOME HISTORY If all of the above information is verified satisfactorily, we then schedule a sit-down interview with the applicant(s) to go over the application (make sure there are no open questions) and the lease/rental agreement (to let the applicants know what will be required of them as tenants.) If the owner wishes to be a part of this interview process, they may. If they do not wish to be a part of the interview process, we will do the interview on the owner's behalf and then will call them with a recommendation and/or other related information (*). The owner can then make a tenancy selection decision and we will notify the applicant(s) accordingly.
In most cases, utilities are paid for by the tenant(s). Exceptions may include properties without separate meters or properties where a homeowner's association is responsible for certain utilities. Whether or not utilities are included in the monthly rent is up to the landlord. Most often the utilities will need to be paid in addition to rent. These include water, sewer, trash removal, and gas and electric. Home owners associations are usually created by builders and developers to help ensure that all residents living in a particular neighborhood will take care and pride in their home ownership or tenancy. The HOA 's purpose is to monitor the neighborhood and make sure that everybody is keeping their yards clean, removing trash cans from the curbs, not setting up business in their homes, not parking on the sidewalks or having loud and annoying parties. These are just some examples of items that an HOA tries to control. To do their job, an HOA employee drives throughout the neighborhood several times a month looking for infractions. Once they Who is responsible for caring for the landscaping?
I/we will not be moving for a few months. Will the owner of the property hold it if I/we pay a deposit?
How can I learn what properties will be available for rent in the future?
It is at the landlord's discretion to determine if he/she will allow pets in their rental homes. Some landlords will not allow any pets, others will approve only small dogs, while others will allow dog of any size. Some landlords will allow only one pet and others will allow multiple pets. Some homeowners will allow cats, some will not, and others will allow cats only if they have been de-clawed and spayed or neutered. Failure to take care of problems caused by pets is a potential cause for breach of the lease agreement.
How long is the standard lease? Most of our leases are for one year unless specifically stated otherwise. How much is the security deposit and when is it due? The security deposit is set by the owner of the property. Usually it is equal to about one month's full rent plus $300. If pet(s) are allowed, the security deposit will be increased. The entire security deposit is due on or before the date of move-in and must be paid in certified funds BEFORE the keys will be issued to you. As a prospective tenant, what information are you looking for on my credit report? The credit check looks at your current credit and past credit history. It will list any evictions, bankruptcies, foreclosures, liens or judgments that have been awarded against you.
At First Realty / Pryor & Associates we are looking to find tenants who will pay their rent on time. Our experience shows that tenants who regularly take care of all their other credit responsibilities will also take care of the properties that we manage. Consequently, we will closely look at each applicants credit history. We are more interested in overall credit and payment patterns than particular credit scores. Credit checks will also search some court records and often any criminal activity or arrest will be listed. What is the policy on adding roommates at a later time? New roomates who wish to be added to a property MUST be approved by the owner BEFORE moving in. They must have their credit checked and qualify just like the original applicant(s). Failure to get owners approval before occupying a property is a potential cause for breach of the lease agreement. The new roomate must sign an addendum and to be added to the lease. The security deposit will not be refunded (partially or in full) until the end of the lease term when the property is vacated. Then it will only be distributed to the current names that appear on the lease. Each of our owners determines their own acceptance criteria. We will normally show "Section 8 OK" on the property description in the web page if the owner indicated that they will accept the program. |