Newly Remodeled Cherokee Bay Waterfront Community for RENT $2,900/MO. Situated on a quiet, dead-end road, this one story house is move in ready. with Stainless steel appliances, washer dryer, new kitchen cabinets, quartz countertops, deep 34" farmhouse sink, industrial style faucet. As you walk in, you are greeted with beautiful hardwood floors, vaulted ceilings, and a spacious, light-filled open floor plan. 3 bedrooms and 2 updated bathrooms. large, flat lot; fully fenced back yard; 2 car garage, This home has it all. Cherokee bay community offers access to their private beach at Pipe Lake, community center, community dock, sandy beach, tennis courts, playground, and club house. Schools are in the Tahoma School district which is highly rated. Application Available after Tour. Utilities: Water, Sewer, Garbage, Gas, Electricity(PSE) Billed to Residents +Tenant Liability Renters Insurance: REQUIRED 12 Month Lease Minimum, option to renew at end of first term. Income: Minimum requirement History of acceptable level of income must cover the previous 24 months. Rent to income ratio: 1 to 3. Debt to income ratio: .20 to 1. Verification of income such as check stubs for the past two pay periods, SSI/disability papers, child support papers, etc. Self-employed must provide last two years tax returns and 3 months of current bank statements. Full-time students must provide written verification of financial aid, parental support, scholarships, and/or supplemental savings. Employment History: Minimum requirement For employment verification, you must provide a copy of your 2 most recent pay stubs and/or copies of government, pension, or valid program funding. 12 months of continuous employment with current employer or previous employer. If self-employed, you must provide signed copies of the last two years tax returns and the last 3 months bank statements. If you do not have enough income to rent the property, you must specify how you intend to pay and provide evidence of the funds (i.e. bank statements.) Credit History: Minimum requirement No more than 2 delinquent payments over the last 24 months. No accounts in collection. No open bankruptcies. No money owing to a previous landlord. Credit score above 650. Must have two active accounts being rated to establish history. Landlord References: Minimum requirements. Each rental applicant must be able to demonstrate a pattern of meeting their rental obligations, leaving prior rental properties in good condition, and not having a pattern of complaints from neighbors. Verifiable rental references for positive rental or mortgage history over the last 24 months from unbiased sources; no roommate or family references. Please note you must provide contact information for the previous landlord and the previous landlord must take or return our screening calls within 72 hours. If 72 hours is not enough time, please notify us. Unverifiable rental reference may be reason for automatic need of a co-signer. Other Factors: Criteria that may result in the denial of my application Application not filled out completed and truthfully. Incomplete or inaccurate applications cannot be processed. Unfavorable information for any individual applicant may result in denial of all applications for that group. Applicants who do not show up on time for appointment and act disrespectfully toward residents and leasing staff. Unable to pay complete reservation deposit at time of application and any rent due at time of lease signing. Applicant over 18 does not want to apply for residency. Unable to provide a copy of current state or government identification. International students unable to provide the following documents: passport, proof of current college or university full-time enrollment or current student visa along with proof of funding (such as I-20) and/or supplemental savings. Other applicants who are new to the country and unable to provide: passport and proof of income (such as letter of employment), and/or documentation of supplemental savings. We do not accept reusable tenant screening reports.
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