1107 Prince Edward St

Newly painted- 1 bedroom upstairs apartment located in Downtown Fredericksburg. Private entrance into the building. Water/Sewer $50 per month, trash and lawn included in rent. Large inviting living room. Hardwood floors throughout. Spacious bedroom and Kitchen. No washer and dryer hook ups. No pets. Please request our rental application through email to review our guidelines and qualifications. General Information The application must be filled out completely, including all available phone numbers and names of contact people. Please be sure the application is legible and filled out in blue or black ink only. Approval of applications is based on several factors including income, credit history and rental history. If you do not meet the standards, you may be offered other remedies such as higher deposit or having a co-signer (co-signer must be in state). Co-signers must complete a separate rental application and must qualify on their own. Please note this will be determined on a case-by-case basis. All appropriate places must be signed and dated by all applicants applying. We will need official photo identification (driver's license or identification card only). A $50 non-refundable application fee is required in certified funds. If assistance is needed with completing the rental application, the applicant(s) gives permission for an agent with First Priority Realty to give assistance. Available properties remain on the market until an application has been approved and the security deposit has been paid (money order or cashier's check) and the lease agreement has been fully executed. The first month's rent must be paid in money order or cashier's check and future rents may be paid by personal check, certified funds, online through Buildium or through ACH. Once you are notified of approval, the full deposit is due in our office immediately and the lease is to be signed by all occupants within two days. The property will not be considered leased until the deposit is received and the lease agreement has been signed. Failure to execute the lease agreement within the two day period will result in our cancellation of your application and all funds received are non-refundable. Prior to move in you must provide a copy of your renter's insurance policy and utility account information. Pet liability insurance, shot records and vet records must be given before moving in. In the event of multiple applications received, the landlord will be presented all applications and will have the final decision on approval. Source of Funds Verification/Credit Report/Rental History Gross monthly source of funds/income must be at least 3 times the amount of monthly rent. We need your last four paycheck stubs. If self-employed, please provide your last two years of federal tax returns and three bank statements for proof of income. If tax returns are self-prepared, a tax transcript will be required. If military, four LES stubs will be required. All income must be verifiable. 2 years of rental history must be verified. If you do not have 2 years of rental history, you may be required to pay a higher deposit. Any Chapter 7 bankruptcy must be discharged and reflected as such on the credit report. Chapter 13 bankruptcies must show 12 months current payments. A higher deposit may be required. Credit reports must be free of any outstanding debt or judgments from previous landlords. No evictions or unlawful detainers in the past two years. All credit reports and background checks will be kept for 60 days. If approved, a copy will be in your Lease file. You may request to view your credit report in the office; however, report copies will not be mailed, emailed or faxed. Copies will not be available for pick up, only visual viewing at the time of asking. To receive a copy of your credit report, you must contact the credit bureau used. Authorization has been given to First Priority Realty to obtain a credit report and background check from a credit reporting agency concerning my credit history. I/We furthermore authorize First Priority Realty to disclose or discuss our credit report with the owner, leasing agent and listing agent. This credit report will not be used for any other purpose than authorized here. Applications will remain active for 30 days from application date. Updated pay stubs are required. If there are any changes to your rental application after applying (ex: adding an applicant or removing an applicant), your application will be denied and you will be required to reapply after 30 days.