| Action Now Property Mgmt. Co. |
| 365 Ericksen Ave. Ste. 313, Bainbridge Island, WA 98110 |
| 206-842-5851 |
| CRITERIA FOR TENANCY |
| Applications are processed by a professional tenant screening company. |
| Holding Fee- Once you have been notified that your application has been approved, you have twenty-four (24) hours to deliver a holding fee (usually the amount of the basic security deposit) to our office. Until we receive the holding fee, we will continue to market the property to prospective tenants. |
* CASHIERS CHECK OR MONEY ORDER IS REQUIRED FOR HOLDING FEE *
**************************** AND ALL MOVE IN FUNDS **************************** |
| GENERAL REQUIREMENTS |
| 1. | Positive picture ID is required. |
| 2. | Each applicant must qualify individually unless they are a married couple. |
| 3. | Application must be completely filled out and signed. |
| 4. | Application fees must be paid prior to processing the rental application. |
| 5. | Applicant acknowledges and accepts Action Now Property Mgmt. Co. represents the owners of the property for which the applicant is applying. |
| RENTAL REQUIREMENTS |
| 1. | Two years verifiable residence history from a third party landlord required. |
| 2. | Rental history demonstrating residency, but not by a third-party, will require an additional security deposit equal to one half months rent, or a co-signer residing in WA State. |
| 3. | Home ownership will be verified through the tax assessor’s office or credit report. |
| 4. | Four (4) or more three-day notices within a 12-month period will result in denial. |
| 5. | Two (2) or more NSF checks within a 12-month period will result in a denial. |
| 6. | Rental history reflecting any unpaid past due rent will result in a denial. |
| 7. | Any unlawful detainer action or eviction over three (3) years old, which has been paid, can be approved with added security or prepaid last months’ rent. |
| 8. | Rental history showing property damage of $50.00 but less than $750.00 may require an additional one-months’ rent, only if the amount has been paid in full. |
| 9. | Rental history reflecting property damage of more than $750.00 will result in a denial. |
| 10. | Rental history with disturbance complaints will be denied if the previous owner/manager would not re-rent. |
| 11. | Added security is needed for any instance of unauthorized persons or pets in a unit rented by the applicant |
| INCOME REQUIREMENTS |
| 1. | Monthly income must equal approximately three (3) times the monthly rent. |
| 2. | If the monthly income does income does not equal approximately three (3) times the monthly rent, an additional one-month’s rent or qualified roommate may be required. |
| 3. | If a co-signer is required, their monthly income should equal five (5) times the stated monthly rent. Co-signer must reside in WA State. |
| 4. | A current paycheck stub will be required if we are unable to verify income over the phone. |
| 5. | Some form of verifiable income will be required for unemployed applications. |
| 6. | Self-employed applicants will require proof of income from 2 years tax returns. |
| EMPLOYMENT REQUIREMENTS |
| 1. | Verifiable employment is required. |
| 2. | If unemployed and unable to verify income necessary to pay rent, applicant will be denied. |
| 3. | Self-employed individuals must be verified through state or tax returns or bank statements. |
| 4. | Prepayment of last month’s rent is needed for temporary of seasonal employees. |
| 5. | If applicant is accepted, and additional one-month’s rent will be required when employment does not meet stated criteria. |
| CREDIT REQUIREMENTS |
| 1. | Good credit is required |
| 2. | Outstanding bad debts being reported on credit report of more than $100.00 but less than $1000.00 will require an additional one-month’s rent. |
| 3. | Outstanding bad debts being reported on credit report of more than $1000.00 will result in denial. |
| 4. | Excessive collections (6 or more) will result in denial. |
| 5. | Outstanding debt to property management or landlord will result in denial. |
| 6. | Any applicant with a bankruptcy not showing as discharged will be denied until shown otherwise. |
| 7. | After a bankruptcy has been discharged, and applicant must show six (6) months of positive established credit. |
| AUTOMATIC DENIALS |
| (Criminal Background) |
| 1. | Any felony offense, which has taken place within the last ten (10) years, will result in denial. |
| 2. | If there is a criminal conviction and the applicant has been out of jail/prison less than five (5) years, they will be denied. |
| 3. | If the criminal offense was of physical or violent nature against either a person or property the applicant will be denied. |
| 4. | If the criminal offense took place more than ten (10) years ago, or if the person has been out of jail/prison more than five(5) years and has perfect credit and rental history, they will be approved. (They may only be approved if this was a onetime offense and was not of a physical or violent nature. Multiple offenders will be denied regardless of what the credit and rental history shows. |
| (Rental History) |
| 1. | Any collection filed by a property management company or landlord will result in denial, unless paid, which will result in one month’s rent as added security. |
| 2. | Any applicant with unlawful detainer action or eviction within the past three (3) years will be declined. |
| 3. | Any current three-day notice will result in denial. Four (4) or more three-day notices within a 12-month period will result in denial. |
| 4. | Two (2) or more NSF checks (for rent) within a 12 month period will result in denial. |
| ** Please make cashiers checks / money orders for credit check payable to: ** |
| ***** A.N.P.M. Co. ***** |
