Powerhouse Apts

Rent $925, Deposit $830, Holding Deposit $230 Powerhouse Village apartments offers spacious 1 bedroom, 1 bath unit. Kitchen opens to the living room. Enjoy your summers by the pool. This unit has a dishwasher, air conditioning, electric heat, balcony, coin-op laundry, reserved parking, on bus line and storage shed. Easy access to shopping, medical services and freeway. Water, sewer and garbage are paid! Lawn care is provided, tenant pays all other utilities. Pets Ok with additional deposit and pet rent Showings are being processed by submitting your application first APPROVAL PROCESS Step 1: Submit your application online. Units cannot be viewed without an online application with photo id on file. Step 2: View unit. You can call the office within an hour of submitting your application online to schedule a viewing. If you do not call, we will contact you via email within 1 business day. Step 3: Ensure that all documentation required for your application has been submitted to ensure your application is complete. Step 4: Submit holding deposit. A holding deposit will not be accepted without a completed application or having viewed the property (step 2 & 3). Step 5: We will begin verification of your application. You will be notified of acceptance or denial of your application at this step. RENTAL TERMS -12-month lease that converts to month to month. -Tenant pays for all utilities, unless otherwise stated. -Admin move in fee of $100 -Deposit of $830 -Rental insurance is required REQUIREMENTS FOR APPLICATION -Applications are required for each person over the age of 18 -A valid, government issued id is required for each applicant -Proof of income is required. All verifiable sources of income do count (such as all support agency vouchers) -Proof of good residential history (rental or home ownership), 5 years required CRITERIA FOR APPROVAL -Total net income for all applicants needs to be 2.5x the rent, based on net -Criminal history. We look at each crime on a case-by-case basis and will evaluate the type of crime, the age and time since the offence. -Residential history. 5 years of history must be verifiable. Previous evictions, broken leases, notices to comply, or money owed to previous landlord may result in denial. - Credit If credit score is under 650, an additional deposit may be required. If credit score under 600, a cosigner may be required. Poor payment history, collections, and bankruptcies may be reason for denial. -Co-Signers may be allowed if there is insufficient residential history, poor or no credit, and/or insufficient income. Co-signer must have verifiable net income of 4x the rent, proof of home ownership, and a credit score of 670. The following additional may result in denial of your application: -Incomplete, incorrect, misleading, and/or fraudulent information on your application -Assessment of the current residence inspection -Adverse treatment of Wilson Real Estate employees during the application process HOLDING DEPOSIT A holding deposit is required after you have viewed the unit. The holding deposit is 25% of the rent amount, and will secure the unit for you, should your application be approved. These are accepted on a first come, first serve basis. Upon approval of your application, you have 1 week to sign your lease, or you will forfeit your holding deposit, and the unit. If your application is approved, and you decide to not to move forward with the property, you will forfeit your holding deposit. If your application is denied for any reason, your holding deposit will be returned to you, and we will move on to the next applicant with a holding deposit on file, or relist the unit as needed. MOVE IN COSTS -Nonrefundable application fee of $45 -Fully refundable security deposit of $830 ( Depended on property condition ) -Rent of $925 -Nonrefundable move in administration fee of $100 -Additional deposit in consideration of a pet of $750.00 (if applicable) -Pet Rent of $35.00/month *PROOF OF RENT