Here’s how to lease your next home efficiently!

 

Most Landlords prefer a one year lease. Finding a 3 month or 6-month lease is going to be difficult, because of the costs involved in putting the home back on the market, after a short-term lease.

 

Here are what the landlord requires from you to lease his/her home to your family:
  1. Last 2 months paycheck stubs for all working adults.
  2. Credit score should be above 600 for each active adult applicant. If the credit score is 500 and above, landlords prefer a double or one-half times the security deposit to secure the home.
  3. The combined Income for a couple must be 3 – 4 times the monthly rent. (Example: If the Home Rent is $1500, your combined income must be above $4500 – $5,000)
  4. No bankruptcies or foreclosures for the last 3 years.
  5.  A single photo of an 8.5″ x 11″ sheet of white paper with both yours and your husband’s Driver License and Social security card (all 4 ID’s place on one sheet)
  6. If you are relocating from out-of-state, please email me your employment letter to the job you are transferring to in and around Houston.
  7. Photo of your pets (cats, dogs). No exotic pets (snakes, scorpions, other reptiles) allowed. Dogs must not be too large and heavy or have a previous bite history.
The landlord will ask for 1-month security deposit (equal as first-month rent amount) and first-month rent for move-in.

 

Application fees vary between $35 to $55 per adult. Married couples may get a concession in application fees, but this is left to the landlord.  Application fees can be paid by PayPal or as a money order or cashier’s check. Personal checks are not accepted.

 

It’s always advisable to see at least 4 homes. Keep a couple of back up home choices in case the home you really like gets leased to another family.

 

It is advisable to start looking for homes 20 – 22 days prior to move-in. Anything earlier, may not get approved, because the landlord prefers a 2-week turn-around between leasing homes.

 

If it’s near that time (20 – 25 days away) to start looking for your next home, please give me, Jacob David, a call at 281-546-8433 or email me: jackdave72 at gmail.com

 

About the author

Jacob David

Jacob David

Do Real Estate with Jacob David, REALTOR Agent.

I, Jacob David, REALTOR Agent, am ready to help you list your home for sale, buy your first or next home, lease your next home. I am honest, hardworking, and transparent. Call me today at 281-546-8433.

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