Leasing General Information

Dated: January 10 2022

Views: 16

The following are minimum requirements (PLEASE REVIEW so that you do not waste your money applying for places that May decline your application):

  • Income is 3x times the monthly rent 

  • Credit score above 650

  • No Open Bankruptcies 

  • Accounts in good standing

  • No evictions or judgements in the last 7 years

  • No felonies

  • Pet restrictions (number, breed, size)

Renting a Home Vs Renting an Apartment 

  • A security deposit equal to at least one month rent due at the time of application

  • Application Fee: for each person over the age of 18, this fee varies

  • Pet deposit(s): depending on the number of pets you have, if applicable

  • Pet rent: to be added to your month rent in some cases

I will be able to help you calculate a more accurate number but expect an upfront cost of about $2000-$3000 if you need an immediate move in. You should also be prepared to provide Utility Transfer Account Numbers and Renters Insurance information before receiving the keys.

 

Why Work With a REALTOR® to Lease a Home?

As a REALTOR®, I advocate for you and walk you through the process. I am held to a code of ethics that includes honesty and fidelity. Which means I am honest and loyal to you, not the landlord of the home or the property management company. This comes at no cost to you - the landlord or property management company pays me for my service. Can the owner’s agent, owner or property management company really represent both you and their client?

Blog author image

Dimas Realty Group

The Dimas Realty Group is committed to providing our clients with professional services based on our experience, knowledge and skills. We’ve filled this website with tips and resources to help you ....

Latest Blog Posts

Leasing General Information

The following are minimum requirements (PLEASE REVIEW so that you do not waste your money applying for places that may decline your application):Income is 3x times the monthly rent Credit score

Read More

Top 7 Things You Need to Rent a House

7 Things You Need to Rent a HouseThe following are the typical minimum requirements for leasing most homes.Income is 3x times the monthly rent Credit score above 600 for all adultsNo Open

Read More

How to Buy a House with Little to No Money Down

HOW TO BUY A HOUSE WITH LITTLE TO NO MONEY DOWN!The State of Texas has several AMAZING home buying programs available for low to moderate income folks purchasing their primary residence in Texas. If

Read More

Which Down Payment Strategy is Right for You?

Which Down Payment Strategy is Right for You?You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it

Read More