Once you’ve decided on a property, you’ll probably be asked to fill out a rental application. Each person who is renting has to fill out a separate rental application. This helps the landlord determine each person’s credibility as a potential renter. You may have to submit a processing fee, application fee and security deposit along with the rental application. If your application is denied, the security deposit will be returned within a specified time frame, usually one month. The rental application typically asks for your:
- current address
- phone numbers
- email address
- driver’s license number
- previous address
- pets, if applicable
- employment and income information
- emergency contacts
- personal references
- background information, including questions about criminal charges or previous bankruptcies
- vehicle information
Be prepared for each of all of these. Remember this is business, not personal, the rental agent or property manager / owner is trying to protect both rental parties in ensuring the rent payment is affordable for the renter, and that the property with be returned in great condition at the end of the rental.
As the potential renter, it’s also a really good time to assess the efficiency and service level of the property management, if the place is great, but the service lacking you should consider this as part of your decision process.
Read more: Rental Articles on the Homes.com Blog
Whether it’s a condo, apartment or house (or anything in-between) finding your new rental home doesn’t have to be difficult or confusing.
Everyone’s path to a rental is different, but there are some key steps to researching, finding, refining, and finally signing a lease before you move in.
In this guide, we’ll step you through the process and make certain you’re both informed and empowered on your journey to your rental home.
We’d love to hear how your rental experience went! Let us know by visiting our blog and commenting on our post:
Happy rental hunting!!