DOCUMENTS TO PREPARE FOR LEASE.
These list of requirements are recommended to prepare ahead of time. This way we don't miss out on a great deal! When we find a suitable property for lease, I will prepare an offer for us to submit to the listing office/landlord along with: Credit Check with score, Job letter, and Rental Application.
1st and last month rent:
On a $2,000/month rent, you will need to prepare $4,000 in your bank account which will be needed at the beginning of the lease period.
*In a condo you may need to prepare additional refundable key deposit up front in addition to 1st and last month rent. This can range between $200 to $300.
Credit check with credit score: for all tenants going to be on the lease.
(Click me for Equifax and choose the $23 option)
The score range from 300-900:
300-600 (Low) - The landlord will likely not accept this applicant.
600-680 (Average) - Tenants with average credit should prepare a Guarantor.
680-900 (Excellent) - This is what most landlord recommend from a Tenant applicant.
PROOF OF INCOME: All tenants who will be on the lease must be ready to provide either of the following:
-or 3-6 months paystubs,
-or tax assessments recent year
-Prepare a photo ID of a list of tenants on the lease.
Rental Application: (Contact me for the form)
-In the Rental Application there is a series of information that needs to be filled out. It's very important to have 2 personal references and 2 past landlord contacts. Remember to have all tenants on the lease sign the bottom.
Please contact me for more info or leave us a quick comment.
As always, have fun home hunting!
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