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EMERGENCY MAINTENANCE

 

RESIDENT QUALIFYING CRITERIA

In order to facilitate applicant approvals for our properties, the following are general guidelines of
our qualifying criteria:

A separate rental application must be fully completed, dated and signed by each co-applicant and all adult occupants (18 years and older).  We also require a completed Agreement for Application Deposit.  The application deposit and application fees ($35 per) must accompany the applications to be processed.  These fees must be in separate certified funds (cashier’s checks or money orders) and should be made payable to RECAR & ASSOCIATES, REALTORS.  Incomplete applications cannot be processed.  Please be sure to include names, phone numbers with area codes, and dates as legibly as possible.

Each applicant and co-applicant must provide a valid state issued photo ID along with their application.  Example: drivers license or government ID.

Applicant must have a minimum of three years of verifiable rental or mortgage history.  Applicant must have a satisfactory payment history and no rental evictions, lease violations or foreclosures on their record.

Applicant who does not meet the above criteria may qualify by having the lease co-signed by a family member or employer.  Co-signers must also complete the application process and have verifiable monthly income of SIX times the rental amount.  Some property owners may not accept co-signers, so please verify the criteria with the listing agent of the desired property. 

Applicant must have verifiable work history of at least three yearsGross monthly income must be at least three times the monthly rent.  Self-employment and other income sources (trust funds, government grants) must be verifiable with bank statements, certified financial statements or tax returns.

Applicant’s credit history must be satisfactory; excessive late payments, collection accounts, balances due to creditors are generally not acceptable.   Provided that other Application qualifications are met, some Owners may request additional deposits if it is determined that there is insufficient credit to meet the criteria. 

Applicant may be denied occupancy for the following reasons, but not limited to: falsification of application, incomplete applications, insufficient rental or employment history, credit problems, criminal history and/or felony convictions, or unverifiable information. 

RECAR & ASSOCIATES, REALTORS strictly adheres to the local and federal Fair Housing guidelines.  Please feel free to contact the listing agent with any special requests or concerns you might have.
We appreciate your consideration of our properties and look forward to working with you.   

 Version 4.26.10

An Equal Opportunity Company.   Equal Housing Opportunity 

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8400 N. Mopac Expressway,  Suite 200    Austin, TX 78759    Office: (512) 345-9886
Copyright 2008. All rights reserved. 
Equal Housing Opportunity An Equal Housing Opportunity Company