Rental Policy and Procedures
In order to Move In: You must pay the first months rent plus the full Security Deposit. I'm sorry we are unable to make any sort of exception to this rule regardless of the circumstances. The Security Deposit is the same as one months rent. Please read below for more details regarding reserving a home, qualifying for a home, and exceptions.
Standard Qualifying Policy- Must have greater than a 525 credit score, local income, no Eviction filings in the past 3 years.
In order to qualify for a home you will need to show proof of 60 days local earnings. Please refer to the Earnings Chart below for our qualifying standards. Qualifying income includes:
- local hourly pay,
- social security,
- food stamps,
- retirement, or
We cannot accept letters from employers who claim to pay cash or income from tips that are not reported to the IRS. In order to use Child Support as income, you must show receipt of child support for 6 straight months. We do not accept unemployment income. Your application and proof of income must also be submitted and approved before we will reserve a house for you.
A background/Credit Check is not completed until a deposit has been put down on a home. We cannot pull the background/Credit Check report on every applicant so please keep in mind that you will receive a Pre-approval based on the information you provide. You will not receive a final approval until the background/Credit Check has been ran. Once you are pre-approved, you must also provide a clear legible copy of the Drivers Licenses of all those who will be on the lease. All parties on the lease must be present at lease signing or be available to come to the office to sign the lease beforehand. Once we receive all the required information, we are usually able to pre-approve you within one day. We encourage tenants to get pre-approved in advance of viewing a home. If USAhomes Turnkey tries to get in touch with you regarding your lease signing or anything that involves the pre-approval of your application and we are unable to reach you or hear back from you within 3 business days, USAhomes Turnkey reserves the right to put the house back on the market. Please be truthful on your application. A prior eviction/filing does not always disqualify you however you would need to pay 3 Security Deposits. Eviction= if a landlord has filed for Eviction on you within the last 3 years or more than one Eviction filed within the past 5 years. Just because you left before the Sheriff came does not mean you were not technically evicted. Max rent of $900 a month is permitted. If your credit score is below a 525, you cannot be approved unless you are willing to pay 3 Security Deposits. Max rent of $900 a month is permitted. If you send in your application, you are truthful on your application, you provide your proof of income along with your deposit, we can usually qualify you the same day and you will not risk losing any part of your deposit if you do not qualify. We want our customers to be in a position to comfortably afford the rental cost as well as other costs of living such as food, utilities, transportation, etc. Based on your earnings, you can determine how much rent you can afford. USAhomes Turnkey reserves the right to decline any customer who has attempted to commit fraud with regards to their application and/or paystubs. USAhomes Turnkey reserves the right to decline any customer with excessive or consecutive Eviction Filings (more than 1) within the past three years or anyone who receives poor references from prior Landlords.
Rent: $500- $700- need to make rent plus $1800/month = $2,300-$2,500
$701-$900- need to make rent plus $2000/month = $2,701-$2,900
$901-$1100 need to make rent plus $2200/month = $3,101-$3,300
$1101 + $1200 rent plus $2400/month = $3,501-$3,600
$1201- $1300 rent plus $2600/month = $3,801-$3,900
$1301- up need to make rent plus $2800/month=$4,101
Exceptions to Standard Qualifying
If an Eviction has been filed on you within the past 3 years from date of this application, or if you have more than one Eviction filed against you within the past 5 years and you would still like to rent from USAhomes Turnkey, you have the option of paying 3 Security Deposits, one of which can be used as your last months rent. If you've had a felony conviction, you have the option of paying 3 Security Deposits, one of which can be used as your last months rent. You must have been released from prison for 10 years in order to rent one of our homes for a felony conviction. If you were given probation, the date of conviction must be at least 10 years ago. One Security Deposit is equivalent to one months rent. Max rent of $900 for those who are required to pay 3 Security Deposits. If you are unable to provide proof of local income or if you are currently unemployed, we are unable to approve your application to rent. No exceptions.
Self Employed Applicants
If you are Self Employed and do not receive verifiable check stubs, you will need to provide 6 months of Business Bank Statements to show deposits.
We cannot take Tax Returns.
We cannot take personal bank statements. The bank statements must be a Business account with your company's Business name.
Your business must be local.
If you are unable to provide proof of local income through these means, please see our Exceptions to Standard Qualifying policy below.
Explanation of Prorated Rent
If you move in after the first day of the month, your initial rent payment will be applied to the next full months rent. On the First day of the next month, you are only required to pay for the days you occupied the home the month before. This is to get everyone on a first of the month due date. EX: If you move in on 9/20/15, then you are required to pay the first full months rent and the full security deposit which will be applied to 10/1/15-10/31/15 rent. Then on 10/1/15, you pay only for the days you occupied the home in September (9/20-9/30). USAhomes Turnkey reserves the right to decline any customer who has attempted to commit fraud with regards to their application and/or paystubs. USAhomes Turnkey reserves the right to decline any customer with excessive or consecutive Eviction Filings (more than 1) within the past three years or anyone who receives poor references from prior Landlords.
Choosing a Home:
On the home page you can search for your dream home. Clicking the search button will display all our homes currently available for rent. To narrow your choices you can enter parameters such as minimum or maximum rent, zip code, city, etc. The list of homes available may be on several pages. As you view the homes, you can click on the "map it" icon to view the location on Google maps. You can also click "More Information" to see additional information about a particular home. Once you have selected a few choices, we suggest you ride by the different selections to determine whether you like the neighborhood, the school system, etc.
Viewing a Home:
When you are ready to view the inside of the home, please call our office at 904-297-3800 Monday-Friday between 8:30 AM and 5:00 PM. We will then set you up with an appointment with one of our representatives to view the inside of the home. Showings are available Monday - Saturday between 9 AM and 7 PM.
At the time you make an appointment, we will give you the cell phone number of our representative. You must call our representative within one hour of the appointment to ensure that you will both be there on time. This prevents both parties from making a trip and then having to wait. During the call you can better determine the exact time of the meeting in case one or both parties are running late. Our representatives will not travel to make a showing without a confirming phone call.
Reserving a Home:
It is very important that you are sure about your choice BEFORE you reserve a home. If you reserve a home and then change your mind after 48 hours, we keep $200 of your initial deposit. The $200 we retain is to compensate us for taking the home off the market, updating the website and processing the paperwork and running your screening. If you change your mind before the initial 48 hours but a screening has been completed for you, you will get your money back minus $50 for the screening. In order to reserve a home, you must pay half a month's rent in cash or money order. Payment can be made by giving the funds to a USAhomes Turnkey employee or by depositing the funds directly into our bank account. You can call the office to get our bank account information. To hold a property for 2 weeks we require a deposit equal to 1/2 a month's rent (cash or money order). To hold a property for 1 month we require a deposit equal to 1 month's rent (cash or money order). If you change your mind before 2 weeks, we will return the deposit minus $200. If you change your mind after two weeks, we will retain the equivalent of half a months rent. If an exception is made and the home is held for more than 30 days, yet you fail to move in, you will lose your entire Security Deposit equal to one months rent. The money we hold back is to cover the costs of taking the home off the the market, updating the website and processing the paperwork plus compensation for time we lost where we could have rented the home to someone else. If you put money down on a property and the property is then reserved for you, a background check is then run. If you lie on your application and state you do not have any recent evictions, yet recent evictions appear on your background check, there is a $50.00 non-refundable fee unless you opt to pay the extra Security Deposits.
Moving Into a Home:
You must show your Drivers Licence to the USAhomes Turnkey Agent at the lease signing. You must sign a one year lease. At the lease signing you will do a walk through of the home and list any items that need to be repaired however it will be up to Management to determine which items will be repaired and which ones we will make a note on so you will not be responsible for the damages at move out. We will repair approved items within 30 days, but normally it takes much less time.