Large Yard, 1 Story Home for Rent - Fabulously located to downtown Edmonds & mere blocks to Lake Ballinger, community park/beach, light rail station, & I-5, this charming 3 Bed/ 2 Bath home is a true gem! The spacious and light-filled open living space flows gracefully past the cozy wood-burning fireplace, into the remodeled kitchen & dining room. A conveniently located laundry room adjoins the remodeled powder bath and a lofted 3rd BR--or optional office! Across the home, a spacious master & 2nd bedroom share a remodeled full bath. The large lot and spacious backyard patio with garden space, is perfect for entertaining, while the NEW roof, fresh exterior painting, tankless H2O, updated plumbing, 1-car garage, and side parking for an RV/boat or hobbies galore. 1. 12-month lease minimum 2. First & Security deposit equal to one month rent. MOVE-IN REQUIREMENTS: First month's rent required at the time of lease signing (holding fee) in addition to security deposit equal to rent amount. Also, last month rent might be required depending on credit. If the prospective tenants do not meet one or more of the criteria below, the landlord may allow a qualifying third party located within the state to guarantee the lease. The guarantor must fill out an application, pass the screening process and have income and debt to income ratio sufficient to cover expenses in event of default. 3. EMPLOYMENT HISTORY/INCOME: For verification consideration you must provide a copy of your 2 most recent paystubs, and/or copies of government, pension, or valid program funding. If self-employed, you must provide signed copies of the last two years' tax returns and the last 3 months' bank statements. History of acceptable level of income must cover the previous 24 months. Rent to income ratio: 30%. Debt to income ratio: 41%. 4. CREDIT REQUIREMENTS: Your credit screening will be done by the Landlord using TransUnion at renters' cost, which is standard in the property management industry. If your application is not approved, you are entitled to contact the provider of the report for a free copy. They may be contacted at Landlord. We require a positive credit history with: No more than 2 delinquent payments over the last 24 months. No accounts in collection. No non-discharged bankruptcies. No money owing to a previous landlord. A minimum credit score of 700 (a lessor score, might be approved when all other points qualify). At least 2 active accounts being rated to establish history. 5. RENTAL HISTORY: -For applicants with prior rental history, favorable references must be received from minimum of the last two landlords(i.e., timely rent payment, no damage in excess of normal wear and tear, no documented rules violations, timely issuance of notices of intent to vacate and compliance therewith). Any negative history from a prior landlord is grounds for denial of tenancy. -For applicants without prior rental history, adequate personal references for equivalent to two favorable past landlord references. Absence of such references will result in denial of the application. -If your former landlord(s) do not respond to requests for information within 72 hours of being contacted, that will result in denial of the application due to unavailability of verifiable favorable rental history. 6. CRIMINAL HISTORY: Criminal history will be considered on a case by case basis, with factors including the nature of the offense, how much time has passed, and whether or not the individual is appropriately rehabilitated and does not pose a risk to persons or property. 7. PET POLICY: If you intend to have a pet on the property you must obtain permission in advance and sign or provide the appropriate forms. All pets must be properly licensed if required by city or county law and you must provide a record of current immunizations. Additional deposits will be required. Pet policy for this property: Case by Case please read property details 8. INSTRUCTIONS TO APPLY: Each person 18 and older who will be residing in the home must submit the following: Application filled out completely and truthfully. (If applying remotely, signature on the application must be notarized.) $47 screening fee. Copy of current state or government identification. Verification of income such as check stub for the past two pay periods, SSI / disability papers, child support papers, etc. If self-employed, provide last year's tax returns and 3 months of current bank statements. 9. Renter's insurance required to be paid by the renter.
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