House Hunting Services
Taking the time and stress out of the rental process!
Did you know that Zillow, Trulia and the top rental websites all pull information from the MRIS but many times the listing they show as active are already rented?
On average working with a Leasing Specialist will save you more than 17 hours of search time, multiple trips to view properties. It also ensures you have a professional real estate agent assisting you.
Your Leasing Specialist will search all available properties and work with you to choose the available properties that best fit your criteria. Once your top picks have been identified, they will schedule appointments to view them one after another, so you can compare them all. After you have identified your top choice, they will assist you with submitting your application and work to get you approved quickly and with the best terms possible.
House Hunting Overview
Assistance in preparing your application in a way that will help streamline the processing and approval requirements. A well prepared and presented application can mean the difference between approval and rejection and can also result in your application being approved when there are multiple applications.
Rental Search Process:
You tell your leasing specialist what you are looking for and they will provide you everything that is currently available to review. With so many scams on Craigslist and an abundance of absentee Landlords, working with an agent and the MRIS listed homes for rent is the best way to help ensure you securer a property through professional representation.
Touring Available Properties:
Once you have chosen the properties you would like to see, appointments will be made to tour the homes, normally one after another on the same day. This provides you an opportunity to see all the properties you are interested in, to help you make the decision quickly and confidently.
When you have made you decision on the property you would like to move forward with. Your leasing specialist will help coordinate submitting your application to include the best terms for you and to help your application approval.
Once you are approved, your leasing specialist will be the resource while you prepare to move into your new home and afterwards.
If this, sounds exactly like the help you were looking for please complete the form to the right and one of our Preferred Leasing Specialists will follow up with you shortly.
THE RENTAL SEARCH AND MOVE IN PROCESS
Searching For Available Rentals:
The internet is the best place to begin you search and www.mrishomes.com is the best website to see up to date available rentals that fit your criteria. Did you know that Trulia, Zillow, Rentals and many other rental sites pull their information from www.mrishomes.com? Did you also know they do not update the information in real time which means the best place to search available rentals in our area is www.mrishomes.com.
Criteria To Consider:
- Rental Price: – Depending on the time of year, the rental market can be very competitive or very negotiable for tenants. Be sure to search properties that are within your comfort for monthly rent as you will need to qualify financially for them.
- Availability Date / Lease Start Date: – It is difficult to transition a complete move from one property to another in 1 day. Consider having the new lease start date prior to your current lease end date. This will give you some flexibility and will be well worth the double rent if you’re are comfortable with the expense.
- Special Terms: Does the property accept or consider pets, does the property have a fully fenced rear yard, does it have amenities you require or would prefer like a pool, is it acceptable the way it is.
- Acceptance of Current Condition: When searching online and using pictures of prospective rentals to help in the consideration of viewing the property, it is important to keep in mind that the property will be cleaned as a standard.
Preparing The Rental Application In Advance:
Preparing all the information required as well as a generic application will help ensure your timely submission of the application and quick approval. Prior to visiting available rentals, please plan to collect and provide to me the following for each adult (over the age of 18) that will be residing at the property:
- The General Application included with this document.
- Copy of Driver License
- Most recent 2 paystubs or year to date earning statement
- Last year tax returns (complete)
- Supporting document for additional income that you would like to qualify for the application
- Pet Information (copy of vaccination report and up to date picture of pet)
The standard in our area for a Security Deposit is equal to 1 Month of rent. If you have any credit issues or special situations you will need the Landlord to consider we recommend you prepare to make a double security deposit to help secure the property. Additionally the first full month of rent is normally due at lease signing or prior to the lease start date. If the lease begins during the month rather than on the 1st Pro Rated rent will be due. We can the exact amount that will be due at the time of application submission or lease signing.
Touring Properties For Rent:
In order to maximize time and efficiency in the rental search normally a time block of 2-3 hours will be set to see the top 3-6 homes you have chosen that fit your criteria. The appointment normally is during business hours as the properties will more than likely be occupied and during the day is the best time to preview homes. You should bring your checkbook and plan to make a decision during the appointment. Sometimes an extra 30 minutes or so available at the end of the appointment to revisit the favorite property to help you make your final decision.
The Application Process:
The property will either be self-managed by the owner or it will be professionally managed. Depending on the real estate company coordinating the leasing of the property, there will be different application processes and requirements. The application preparation will be extremely helpful to me in submitting the required documents the real estate company requires. The application completed may be acceptable but the company may require you complete their online application or their specific rental application. They may also need certified funds or may accept online payment. I will communicate with the company and help direct you on how we need to proceed to ensure correct and complete application submission to them.
The application processing can take between 1-5 business days. After timely submission of the application waiting can be frustrating but your new home may require patience and positive thinking to secure. I will follow up with the company and update you to help ensure you are updated as frequently as I am.
Approval and Executing a Lease:
Your Leasing Specialist we will be notified of the approval of the application an then you will be presented a lease to sign and payments made will be deposited or payments will need to be made in addition to the lease signing. I will review the lease prior to you signing it and then review it with you or help to have all your questions answered quickly.
Preparing to Begin Your Lease:
Utilities: Prior to the lease start date you will need to establish or transfer the individually metered utilities for the property. The water company required that the Landlord or Management Company send an authorization form so you can set up the utilities, so please update me if that has not been completed when you contact the water company. Sometimes the Gas and Power companies will require additional deposits OR you to establish service at their offices in person and bring a copy of your executed lease. Contact the utility providers as far in advance as possible to ensure you have everything set up.
Insurance: Most leases in our area require the tenant to maintain tenant insurance. Review your lease and see if there are any minimum coverage requirements prior to contacting your insurance company. It may be beneficial to contact the insurance provider you already have insurance with to help bundle your insurance and receive the discounts and benefit that come along with multiple policies.
Move In: If the property is a condo or located in an HOA or community with limited parking or move in requirements it may be necessary to schedule your move in with the association management company. Please review all the paperwork you are provided once the lease is executed. There may also be a Move In fee or deposit required.
Questions During and After: As local real estate experts your Leasing Specialist can not only assist you with leasing a home but also purchasing and selling homes. Your Leasing Specialist spend their valuable time helping you locate and lease your new home and are compensated a small amount to offset their expenses, so please consider their time during this process.
Please complete the form on this page and one of our Preferred Leasing Specialists will follow up with you shortly.