Moving: Tour, Apply, Pre-Sign
A few weeks back, we made two apartment tour appointments. Our new apartment and a sister property a few blocks away. Due to scheduling conflicts, we only managed to tour one of them. We really liked the place, but wanted to do our due diligence. We then went home to do additional research (check floor plans, view photos, and watch videos) on the second property through the company’s website. Ironically, we then decided to apply for the sister property. A few days later, we scheduled to tour the sister property and apply right after. It was not meant to be as the sister property was rented out the day before! ARE YOU KIDDING ME?!?! 🙁
Going through a ton of apartments already and almost blowing a gasket, we decided to lock in to the one we just walked through. This may be a marketing ploy, but the rent fluctuates from day to day, just like stocks. All things considered, the amount was fair and the lowest possible price within the time period. Let’s do this. Here’s a list of items we needed to seal the deal.
Identification cards (valid driver’s license or government issued identification)
One check for application fees
One check for holding deposit
Gross income equaling 2-1/2 times the monthly rent
Verifiable employment history (past two pay stubs)
We flew by the pre-screening due to my stellar credit score. The proof is in the pudding, people. Keep your finances in order and maintain a good credit score. Life is just easier this way.
We didn’t have our pay stubs on us so we sent it over a few days later. Things continued to move due to our pre-screening results. Before signing the lease, we needed to take responsibility of the apartment’s electricity and setup renters insurance with a minimum of $100,000 liability coverage. A quick call to the local water and power company took care of the electric bill. I got a few quotes from insurance companies and decided to use the rental property’s preferred vendor. Although the price was higher by a few dollars, I liked their existing relationship and how easy it would be for them to send the proof right to my manager.
Tune in next time as we look into signing the lease, weighing our move options, and the wonderful art of packing! In the meantime, for all you closet Trekkies, pay special attention to the new Mission Impossible team. I was pleasantly surprised to find a familiar face. 🙂