At home realty usa, we are here to facilitate and assist you through all the steps of the rental process in order to make it a seamless and worry free transition for you. With our extensive knowledge of the rental market and expertise, we work quickly and diligently to get you into the home you are looking for.
We have outlined a few steps to explain how the rental process usually works, and how at us at Home Realty USA go about helping you navigate through that process.
1) Move in date
You need to know when you are going to be moving. The timing on moving is very sensitive and there’s a lot to take under consideration. Properties in today’s market rent fairly quickly, usually within a week or two. Therefore, if you start looking too early you will be disappointed. You will also have to go through an association depending on the neighborhood, which can take UP TO 30 days at times.
2) Background information
Your landlord will need to know certain things from you. They are renting out a home to you, which is a huge investment to them. They will most likely request a couple of documents from you, like your credit score, background check, paystubs, and possibly a letter from your previous landlord to see if you were a good tenant.
3) Tenant Application
This is where they will get all the basic information from you. From how many people will be living in the property, to how much income is coming in, to your pets name. I
4) Credit report
Most landlords want to see your credit report for several reasons. They want to know if you have ever been evicted from any previous locations, if you pay your bills on time, and if you have a lot of debt. If you have a lot of debt, how would you pay for the rent? They will get all that information from the credit report. Some associations may deny you based upon your credit.
5) Background Check
Your background check is crucial. Depending on your background, some landlords will not be comfortable renting you their home. Now if something comes up in your background, and the landlord decides to be lenient, that is great news. On the other hand, the association tends to be stricter. NOBODY controls the association. Not you, not your agent, not your landlord’s agent, nor the owner.
Your landlord will also want to know how much you make. The majority of places will ask you to make more than 2.5 times the rent. You can show your income several different ways. You can provide them with paystubs, your taxes, a letter from your employer on a letterhead, or your bank statements (if you receive direct deposit).
7) Additional Documents
You may also include any additional information that will help you get what you want. For example, if you have a pet for medical purposes, a service dog, it will be wise to get the certificate for them to include it with your offer. If you have a letter of recommendation from your previous landlord that will also be a huge plus.