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Tenant Information - if you plan to lease a home, read this

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If you are planning to lease a home in the future, read this information. It shows the steps you will take in order to get moved in to your new home.

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Page 1: Tenant Information - if you plan to lease a home, read this

GLOBAL NETWORK

Coldwell Banker® Tenant Information North Texas Top Team, Realtors

Coldwell Banker Jane Henry Realtors

©2009 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated.

Page 2: Tenant Information - if you plan to lease a home, read this

GLOBAL NETWORK

Mike Mairs Real Estate Mortgage Network

(214) 796-6090

[email protected]

Baron Cook Lawyers Title 972-442-3541

[email protected]

Krista Snuggs Republic Title Company

972-423-8777 [email protected]

Tammi Burgee Fidelity National Home Warranty

214-732-5999 [email protected]

Melissa Hailey, Broker/Associate Realtor, CRS, SFR, TAHS

214-418-0180 [email protected]

Jennifer Kuczaj OneGuard Home Warranty

(940) 736-1945 [email protected]

Lee Warren Prospect Inspectors, Inc.

(469) 682-0341 [email protected]

Matt Dunlap Dunlap Home Inspections

214-725-0605 [email protected]

Mark Pfeiffer Highlands Residential Mortgage

972-898-2595 [email protected]

Coldwell Banker Jane Henry Realtors does not endorse any one service provider. We have compiled the list below for your convenience.

Our previous clients have been happy with the people listed below. You may choose someone from this list or any other provider that you prefer.

Meet the North Texas Top Team Donna Barkley, Realtor

Buyer Specialist 214-674-0051

[email protected]

Cynthia Medina, Realtor Buyer Specialist 956-312-4125

[email protected] Se habla espanol

Page 3: Tenant Information - if you plan to lease a home, read this

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North Texas Top Team Changing Lives, One Home at a Time

Team Sales Stats

Over 60 transactions previous 12-months

Consistently the Top Selling Team in Wylie

Consistently the Top Selling Team at our office

Multi-Million Dollar Producers

Members of the Coldwell Banker Sterling Society

Ranked in the Top 100 for all Coldwell Banker agents in Texas

Associations & Affiliations

Member of National, Texas, and Collin County Associations of Realtors

Board of Directors Collin County Association of Realtors

Member of the Council of Residential Specialists

Graduate of the Texas Realtor Leadership Program

Broker/Associate is a founding member of the North Texas Top Team

Page 4: Tenant Information - if you plan to lease a home, read this

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CRS Designees are pre-qualified for your real estate needs, they have completed advanced training in residential real estate and have a proven track record of sales transactions required to earn the CRS Designation. Less than 4% of real estate agents nationwide earn this designation yet they are involved in 26% of all real estate transactions.

Council of Residential Specialists

Texas Affordable Housing Specialist The certified Texas Affordable Housing Specialist designation is offered by the Texas Association of Realtors, this program provides in-depth knowledge of the resources and products available to Texans that make homeownership more affordable in the state. To become a Texas Affordable Housing Specialist, Texas Realtors participate in 12 hours of training on topics of interest to affordable-housing buyers, such as low-cost financing programs, opportunities for first-time buyers, short-sale procedures and the impact of green building on housing affordability.

Short Sale & Foreclosure Resource According to a recent NAR survey, nearly 1/3 of all existing homes sold recently were either short sales or foreclosures. For many real estate

professionals, short sales and foreclosures are the new “traditional” transaction. REALTORS® who have earned the SFR certification know how

to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities. The SFR

Realtor can help both buyers and sellers navigate these complicated transactions.

Why use a Realtor who holds a designation? Realtors® who hold one or more specific designations are pre-qualified for your real estate needs. They have completed advanced training in real estate and have a proven track record. Each designation or certification requires continuing education, and many require participation in annual renewal education classes, some even require a consistent sales record each year. A Realtor® who invests in the advancement of their career will be more knowledgeable about local real estate trends and will be able to better assist you with your real estate needs.

The North Texas Top Team Realtors agents have the following designations and certifications:

Page 5: Tenant Information - if you plan to lease a home, read this

GLOBAL NETWORK

Before you view homes for sale

Complete a Buyer Representation Agreement which allows us to represent you and your best interests throughout the leasing process. Read and sign the attached Information About Broker Services form.

Determine that you have enough money saved for your application fee, security deposit, and your first month’s rent. Most security deposits are equal to one month’s rental rate.

IMPORTANT NOTE: Most landlords will require that your income is 3 times the monthly rent. Therefore, if you want to rent a home for $1500 per month, you will need to be able to show $4500 income each month.

Finding the right home

Develop a “wish list” of items you would like in your next home. Prioritize those features to better assist you in finding the perfect home. Make sure to consider having pets, as not all landlords will allow pets on the property.

Determine which neighborhoods or areas of town you are interested in. Consider the schools, amenities, area expansion, safety, and commuting time.

Allow the North Texas Top Team, Realtors to create a customized search for you through the MLS which will automatically email you when a home that fits your needs becomes available.

Leasing Your Next Home How we help you live your dreams

Page 6: Tenant Information - if you plan to lease a home, read this

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Personal tour of homes

After on-line review of the homes available that meet your needs, narrow the list of possible home choices. We will then schedule appointments to personally tour those homes that best meet your needs with you.

As you look at each home, note the specific items you like or don’t like about each property and continue to compare/rank them against each other to narrow down your favorites.

Take good notes. You will want to refresh your memory about the top home choice at the end of the day.

Determine which home is the best fit for you and your family.

Sending in the Application

As your agent, we will submit your lease application(s) along with the application fee to the prospective landlord and their agent. All application fees must be in certified funds (cashier’s check or money order).

Allow 24-48 hours for the landlord to review your application. The landlord may pull your credit report, a criminal background check, and call your employer or previous landlords as they review your application.

Upon acceptance of your application, the lease will be written up and signed. The security deposit will be due at this time (again in certified funds).

Page 7: Tenant Information - if you plan to lease a home, read this

GLOBAL NETWORK

Moving into your new home

Once the lease has been signed and the security deposit is paid, it is time to start packing and getting ready for the move. Now is the time to call the utility service providers and set up new service to start upon your move-in. Schedule the moving truck at this time as well.

Consider getting “renters insurance” or “contents insurance” for the time that you will be in this home. In the event of a catastrophe, the landlords home owner insurance will only cover the building itself – not your personal items inside the home.

On the day of your move (or the day prior) we will help to facilitate your first month’s payment and the release of the keys to you. The first month’s payment is also usually paid in certified funds.

After you have moved into your new home, you will need to complete the “inventory and move-in check list” and return it to the landlord. This list will show the condition of the home upon your move in, and will be used upon your move out to determine if any damage was done to the property. Make good notes and keep a copy of this for your records.

If you find that any items need repair/service after move-in, please contact your landlord or property manager directly. They will require the service request to be made in writing (and they do not accept the move in checklist as a repair request).

Page 8: Tenant Information - if you plan to lease a home, read this

GLOBAL NETWORK

Any Questions?

We thank you for the opportunity to serve you at this time. If you have any real estate related

questions, please call Melissa Hailey at 214-418-0180.