Help How To Rent Home's and Condo's

HOW DO I RENT A HOME OR CONDO'S IN SOUTH FLORIDA INFORMATION Q & A - by Elite Sales Group

Q: "What type of deposit is required to move into a rental property?"A:Typically required a deposit equal to one month’s rent, but it depends on the owner of the property. In the more expensive homes, the security deposits often are 1 to 1 ½ months’ rent.

Q: "How much is the application fee?" A: In most cases the application fee is $100 per adult.

Q: "Do they check our credit?" A: Yes credit report are pulled and your criminal background as well. You cannot have any money owed to an electric company or landlord for any reason because it results in application being automatically denied. Q: "Do you check criminal background?" A: Yes, rental properties will require either no criminal background ever or no criminal record in the last 5-7 years.

Q: "Do I have to sign a 12 month lease?" A: Yes, in most cases.

Q: "Can I paint the place I rent?" A: property owners do allow people to paint their units as long as they get the color approved in writing. The resident understands that the walls have to be painted back to the original color upon move-out. No bright or very dark colors are allowed because it takes 3 to 4 coats to paint over it.

Q: "What happens if I am late with the rent?" A: Standard Policy is the rent is due on the 1st of the month and late on the 5th of the month at 5:00pm. Usually there is a late fee of $50 or 10% of monthly rental late fee.

Q: "What is the pet policy?" A: Some properties do allow pets with a pet fee deposit between $250 and one additional ones rent(one time only) required. Some owners do not allow any pets. The pet policy will be displayed in the lease.

Q: "How do I apply?" A: Once you have taken a tour and decided which home you would like to call yours, you can fill out the application form and give it to your Elite Sales Group Real Estate Agent through fax, email, or to our ESG Real Estate Office 2665 S. Bayshore Dr. # 601 Coconut Grove, FL 33133 along with your proof of income. The application fee can be paid via money order, cashiers check (ask agent for details). "Once we have received your application and proof of income it generally takes between 24-48 hours for approval."

Q: "How much does it cost to move in?" A: In order to move in it does require the first full months rent upfront along with security deposit and pet fee if applicable and a $100 lease fee. All move in money must be paid via certified funds (money order or cashiers check only).

Q: "How long does that application process take?" A: First you must view the home or condo before we can process you application. If you are looking to rent sight unseen we recommend having someone you trust view the home or condo for you. The first thing we require is your proof of income. Once that is verified we check your rental history. If those come back ok we proceed with the credit/criminal background. If we have all required documents and your current/previous landlords get back to us in a timely manner it’s possible to have the results as soon as the same day. But there are instances where if we are waiting on a pay-stub or rental verification it can take several days.

For More Information About Elite Sales Group Real Estate or to Join Our Team, Contact Filizi Broker (305) 554-1544.