|
|
| FAQ
Q: What Is The Rental Process? A: Step 1 Choose The Property You Are Interested In Step 2 See If You Qualify... "Minimum Standards" You may also view other "Standard Rental Forms" Step 3 We Ask All Interested Parties Drive By the Property They Interested In. To View Driving Directions...Go To"Homes For Rent" Page Click On The property image to view the map. WHY? This assures that the house is in the right location for you, and that you are interested in moving forward in the rental process. Doing this before a showing appointment is made, helps to prevent wasted time for you and us alike. Steps 4 & 5 "Contact Us" To check out a key. You May Fill Out An "Online Application" To Submit Anytime. However, No Applications Will Be Processed Until Application Fee and DIBBS deposit is paid. You May Also Print A "Rental Application" Filling This Out Before The Showing Appointment Will Help To Speed Up The Process. All persons over the age of 18 must have a seperate rental application filled out. "Pay Application Fee and DIBBS Deposit ONLINE" WHY? That one is simple, it cost money to process an application. We use a non-biased third party company to verify information. Learn More About Fees And Deposits NOTE: We Only Rent To Clean Responsible People Who Pay There Rent On Time. We do however, understand that things happen! BE HONEST ! If you are not truthful on your application, we will NOT rent to you How To Get "DIBBS" On The Property You Want !
Q: Do I Qualify? A: Minimum Standards for Rental Applicant
In order to consider an application, we must receive 3 things from applicant: Government issued photo ID required at time of application. Completed and Signed Application. Click here for a rental application. 
Application Fee $35 per person (over the age of 18) (discounted rates apply for additional applicants) Click here for more information.
Holding Deposit Returned w/in 5 business days if turned down; you will receive a receipt. Click here for more information.
We accept Online Payments, CASH, Money Order, or Cashier's Check.
Below are the three primary criteria that are used when evaluating a rental application: An acceptable FICO score
An acceptable Rental history
An acceptable Employment history
If any of the following reason(s) are the case with the applicant, he/she will normally be turned down for approval: The credit report shows at least one eviction or collection from a former landlord.
The credit report shows over 5 late payments that are 30 days late or later in
the past 2 months from date of application. The applicant does not have sufficient prior rental history or employment history.
The applicant can not show an income of at least 2 times the rent and utilities.
The applicant has collections from a utilities provider that could prevent the applicant
from having utility service turned on at the property in their name. (***If this can be cleared up, it will only help the application process)
HOWEVER, our policy still allows us to rent to him/her if either:
the applicant can provide a co-signor who has acceptable credit and also owns real estate in Davidson County, TN will sign the rental agreement with the applicant
OR
the applicant can pay an additional month's rent in advance and stay at least 60 days paid up at all times (depending on the severity of the credit history).
We will not be able to rent to the applicant under any circumstances if they: Have a criminal history that exceeded our acceptable minimums
(felony conviction within the last 5 years OR sex crime conviction ever). The applicant is unable to meet at least one of the three rental criteria listed above.
Any item on the application was falsified. We will return the applicant’s holding deposit within five business days if they are turned down. If, however, they are approved and do not to move into the property, the deposit is non-refundable and will be kept by SHR. This is to offset the costs of advertising, and the delay in getting another resident for the property.
Holding/Security Deposit instructions:
Properties can only be held for an applicant if a Holding Deposit is submitted along with the application and application fee. A Holding Deposit Receipt will be given upon receipt of the Deposit in the form of cash, cashier's check, or money order. The Receipt will include a definite move-in date, signature, and initials by the guidelines section.
Should an applicant decide to move into a property after being approved, the Holding Deposit will become part or all of their Security Deposit, depending on what may be required for occupancy.
Should an applicant decide not to move into a property after being approved, the Holding Deposit Receipt will provide details about how much of the Deposit is refundable, as well as the procedure for returning the remainder of the Deposit.
Should an applicant put in an application and Deposit yet not be approved, the full Deposit will be mailed within 5 business days.
We must hold a property for the first applicant who submits an application and Holding Deposit and is approved based upon the written minimum standards (see above). If they do not move in, then we can approach back-up applicants. Contact us today at 615.226.6986 or email us so we can answer any specific questions you may have.
Q: What Are The Fees & Deposits For?
A: About Deposits & Fees Below you will find a basic outline of deposits and fees. Application Fee: A application fee is to cover the expense of processing an application. Application Fees: 1 person application $35 2 person application $60 3 person application $85 4 person application $110 Should an applicant be approved, their application fee is applied
towards their first month's rent. If an applicant is not approved, the application fee is non-refundable. (We use a non-bias third party company to verify information released to SHR. ) DIBBS Deposit: This is a deposit posted by the applicant in order for SHR to "hold" the desired property. No additional marketing/advertising attempts will be made by SHR, nor will additional showings be scheduled for said property. Should an applicant be approved the DIBBS deposit shall be applied toward the tenant's security deposit when the rental agreement is signed. In the event the application for residency is not approved or accepted or if the residence is not ready for occupancy, the deposit will be returned in full to the applicant, but not the application fee(s).
If the applicant fails to sign the rental agreement, fails to provide additional funds required for occupancy by the scheduled move-in date, none of the holding deposit will be refunded. It will be applied toward lost rents during the holding period,
during which the house was removed from advertising, marketing, and showing to other applicants. Security Deposit: At the time of the signing a Rental Agreement, Tenant shall pay to Landlord, in trust, a security deposit, to be held and disbursed for Tenant damages to the Premises (if any). These funds shall be counted against any repairs deemed necessary by Landlord to repair damage above and beyond normal wear-and-tear at Landlord’s discretion. Should an applicant qualify, said security deposit shall be returned in full
minus a $50.00 cleaning fee.
Q: How Much Will It Cost To Move In? A: There are many factors to consider before setting your move-in amount. # 1 What is the monthly rent for your desired home?
# 2 Is SHR currently running any specials?
# 3 What is the deposit amount for your desired home?
# 4 When are you planed date of occupancy?
# 5 What is your method of payment?
# 6 How many people over the age of 18 will be living in the home?
# 7 Do you have any pets?
# 8 Did you meet our minimum standards?
Here is an example to help you sort it out. Let's say the monthly rent for your desired home is lised at $800.00 per month. The deposit is listed at $400.00 regular price, but SHR has a $299 Deposit Special on that property. You are planning to move on the 15th of the month and you are paying for everything online. It will be you, your spouse and 2 children, and Fluffy the beloved family cat. You also met the miniumun standards for a rental applicant and you are approved to rent the home. # 1 What is the monthly rent for your desired home? | $800.00 | Pro-rated rent | $400.00 | | # 2 Is SHR currently running any specials? | yes (deposit special) | Saved $101.00 | - | | # 3 What is the deposit amount for my desired home? | $299 | - | $299.00 | | # 4 When are you planning on moving in? | 15th | pay 1/2 mo. rent | - | | # 5 What is your method of payment? | Online | saved $10 | - | | # 6 How many people over the age of 18 will be living in the home? | 2 | Application fee/holding deposit View more information on Fees and Deposits | $160.00 | | # 7 Do you have any pets? | yes, 1 cat | view our pet policy | $20.00 per month | | # 8 Did you meet our minimum standards? | yes | view our minimum standards | - |
you must turn in a completed application for everyone over the age of 18 who will be living in the home.
you must turn in the application fee and "DIBBS" deposit for that home.
| Number of Applicants over the age of 18. | If Paid Online | Amt. If Paid by means other than Online. | Single | $135.00 | $135.00 | | Double | $160.00 | $170.00 | | Triple | $185.00 | $205.00 | | Quad | $210.00 | $240.00 | | We Do Not Charge A Pet Deposit! We only charge a small montly Pet Rent! | Over 25 lbs | $35.00 per/month | | Under 25 lbs | $20.00 per/month |
| So Far ... your application fee and DIBBS deposit will be $165.00 once received, your application will be processed by a 3rd party non-biased company. | If Approved | | Your application fee of $60.00 goes toward your 1st months rent! | | Your DIBBS deposit goes toward your deposit! | | If Not Approved | | Your application fee of $65.00 is non-refundble. | | Your DIBBS deposit is refunded within 5 business days. |
CONGRATULATIONS...you are approved and have decided to become one of our residents! Now what? Here is where we are at now in our example ... Considering 15th of the month move-in date and application credit, what is the first month's rent (or move-in rent) for the desired home? | $800.00 + 20.00 $820.00 -$410.00 (pro-rated rent) $410.00 - $60.00 (application fee credit) $350.00 | =$350.00 | | What is the remaining deposit amount for my desired home? | $400.00 (reg. deposit) - $101.00 (dep. special) $299.00 - $100.00 (DIBBS deposit) $199.00 | =$199.00 |
So, in this situation your move-in cost would equal only $549.00
The full amount of $820.00 will be due the first of the following month and each month thereafter.
Q: What Is Your Pet Policy? A: OUR PET POLICY At Southern Home Rescue we are pet friendly and welcome your furry family members. Please review our policy and the guidelines listed below and call the office if you have any additional questions. We do not allow fish tanks in our properties. Dogs Absolutely NO Pit Bulls, Chows, Rotweillers, or any other dog the landlord deems to be vicious shall be allowed. All dogs 25 pounds and below will be an additional $20 per month per pet. Dogs over 25 pounds will be an additional $35 per month per pet. Cats & Kittens
Cats are an additional $20 per month per pet regardless of size.
Other Pets Snakes, Ferrets, Lizards, Birds, etc…are an additional $20 per month per pet. There is no pet deposit; however, once a pet is allowed to reside in the property and the pet rent is paid on it, the pet rent shall continue to be paid on it for the duration of the owner’s residence regardless; even if the pet is moved away. NO additional pets shall be allowed without the proper paperwork and written consent of the Landlord. Unauthorized pets discovered will be charged to the tenant at $100 per month per pet from the inception of the lease. Any animals not registered on the Pet Information Addendum shall be considered a stray and disposed of by public health officials. No animal shall at anytime keep the Landlord from entering the premises.
Q: What Is The Best Way To Apply? A: The best way to apply is to fill out SHR Online application.
Q: Can I Paint My Rental Home? A: yes, with prior approval! When you move in, along with signing a lease and some other business, we do a walk-through inspection of the house or apartment. We fill out a “Move-in Inspection” report, of which you get a copy along with your lease. Our goal in doing this is so that we are in agreement to the condition of the property when you move in, so that when you move out, if all of a sudden there are suddenly damages above and beyond normal wear and tear we know they were caused during your residency.
That having been said, if you wish to paint your house/apartment you will need to inform us in writing that you wish to do so. Provided you have been a helpful resident and been paying on time, we would most likely give you permission to do so. We will draft a separate painting agreement dealing with protecting the floors, ceiling, plugs/switches, and trim from dribbled paint. We will also require a promise from you to return the room(s) to their original colors, with as many coats as are necessary to prevent any color bleed through, again protecting the floors, ceiling, plugs/switches, and trim. A separate painting deposit may be required, so that the walls are in the proper condition for the next resident.
Q: Can I Install An Alarm System? A: Absolutely. The cost for any such installations will be entirely your responsibility, and must be performed by a licensed and reputable company. You will need to notify us in writing of your intent to do this, as well as inform us of who will be performing the work. You also will be responsible for any and all damages associated with installation and/or removal of these systems.
Q: Can I have Cable Installed? A: Absolutely. The cost for any such installations will be entirely your responsibility, and must be performed by a licensed and reputable company. You will need to notify us in writing of your intent to do this, as well as inform us of who will be performing the work. You also will be responsible for any and all damages associated with installation and/or removal of these systems.
Q: What Is The Move Out Process? A: First a move-out date is set. If you are within the 12 month period of the lease, a minimum of 60 day notice is required or else risk losing your security deposit. If you are past the 12 months, only a 30 day notice is required, or else risk losing your security deposit.
Second, once all of your belongings are out of the house, we do a final walk-through inspection, making note of any damage, scuffs, discoloration, lack of cleanliness, etc. If the property is found to be in a condition almost move-in ready but for some normal use wear and tear, all or nearly all of your deposit will be refunded within 15 days. We will need a forwarding address to which we can mail your deposit.
If the property is found to have damage above normal wear and tear, we will try to determine the nature of the damage. If it comes from deferred maintenance, that is not your fault. If it comes from maintenance issues we were never informed of, that could affect your deposit. If it comes from resident activities, it will most certainly affect the amount of the deposit that will be returned to you. It is very important that you keep us informed about maintenance needs so that we can correct problems as quickly as possible. A: It's a good idea to use a different format, such as bold, for the questions, so that it is easy to distinguish them from the answers. | |
|
|