Application Process & Acceptance Policy
Application Acceptance Policy
Prospective tenants, please read carefully!!!
The following Minimum Requirements must be met in order for an applicant to be placed in a rental property we manage. Some of the properties we manage may have additional requirements that must be met, such as "no smoking," "no waterbeds," or "no pets." If any of these conditions applies to you, please inquire if the property you are interested in allows smoking, waterbeds, pets or other animals PRIOR to making application. We will be verifying your rental history, your income, your criminal background and your credit history!
Minimum Requirements Needed To Qualify
MINIMUM RENTAL REQUIREMENTS
1. Prior favorable rental history of at least 1 year for each applicant/married couple.
2. Positive reference(s) from previous landlord(s).
3. Each individual applicant's total monthly income is at least 3x the monthly rent amount. Each married couple's income monthly income is at least 3x monthly amount.
4. Individual applicant or married couple applicant's total monthly income is at least their total monthly expenses.
5. Verifiable source of income or employment. Applicant has maintained the same verifiable source of income for at least 90 days.
6. No prior evictions, judgments, collections or liens from former landlords. No negative notices of any kind issued by present or previous landlords.
7. No more than 3 tenants (including children 18 years or younger of primary applicant or co-applicant) to a 1 bedroom unit or 5 tenants to a 2 bedroom unit--OR a reasonable number of tenants given the size of a unit. This is a rule of thumb. The number of tenants reasonably allowed at a given property will be detertmined by the property manager &/or owner of the property.
8. AVPM prefers to see no criminal history, but certain infractions will be looked at by a case by case basis. AVPM will look at the overall "Big Picture" when pertaining to felonies, a felony will not necessarily exclude you from being approved, but the reason for the felony conviction will be reviewed.
9. ALL prospective tenants age 18 and older (including children) must truthfully and completely fill out and sign application paperwork and pay the required non-refundable application processing fee of $25 per individual. AVPM does not rent to minors, unless formally emancipated with verification of such and meeting all other requirements.
10. Applicant must provide current official picture I.D. such as driver's license or state issued I.D.card. Proof of Social Security Number (SSN) is required in order for AVPM to run necessary credit report, etc. Copies of a current/past pay stubs/proof of income will be required. Other documentation may become necessary in the course of screening.
11. Applicant must pay full rent amount due and full deposit required PRIOR to occupancy.
12. If pets are allowed at a property a full pet deposit or pet fee is required PRIOR to occupancy.
13. All information on rental application and/or credit report must be able to be verified (i.e., accurate phone numbers, account numbers, etc. MUST be provided by prospective tenants).
14. Credit: while we prefer to see "good" credit for all applicants, we do have some discretion here--we will consider your "big picture" credit-wise, so please talk to us if this is the only requirement holding you back! However, applicants should know that their credit history will impact our decision making. AVPM does not accept credit/criminal background reports from outside sources. We contract/run these verifications through VeriFirst.
15. Information provided on application MUST be truthful. If found to be less than truthful, application may be denied, or if already placed in a property when untruth discovered, applicant may be required to vacate/be evicted.
Failure to meet the above criteria will result in one or more of the following:
* Denial of rental application.
* Requiring a qualified Co-Signer. This option is not always available.
* Requiring an additional security deposit if deemed to be more of a "risk".
Grounds For Immediate Denial
We're sorry, but:
There are some things a co-signer or additional deposit won't help!
**Felony criminal history will result in immediate denial of application**
**A poor rental reference will result in immediate denial of application**
**Applicants will be denied residency for incomplete or false information provided on his/her application**
**NOTE: AVPM accepts applications on a "first come, first served" basis. However, in the event that there are multiple applications for the same property, the most qualified will have first option**Co-signers are not offered as an option in every circumstance--we prefer that applicants be able to "stand on their own."**
Extended Business Hours & Appointment Scheduling
It is our goal to provide you with the highest level of service at all times. Our experts are there when you need them most. We are open during ample hours during the week, but if your schedule absolutely will not allow you to see us M-F, please inquire. We MAY be able to accomodate.
Please note that lease signings/rental agreement signings must be scheduled at least 24 hours in advance of when you would like to sign. There is a lot involved behind the scenes in the preparation of your paperwork and other preparation for your lease signing!
Please plan to spend at least 45 minutes to 1 hour with us for your signing.
If you've made an appointment and can't keep it for some reason, please extend us the courtesy of a phone call to cancel! Thank you!