Valor Homes 100 LLC

 Subject Property:_________________________________

Valor Homes  404.647.9174- phone      404.591.7945- fax     leasing@valorleadership.com- email

Date:______________________Desired Move In Date: __________________

Current Rental Payment: ____________Desired Rental Payment: _________________

Applicant 1 Name: __________________________________________

Date of Birth: ______________SS Number: _______________ DL Number: ______________________

Current Address, City, ST, Zip:________________________________________________

Cell Phone #: ______________________ Email Address:____________________________

Can we send your monthly statements and other notices to this email address?   Y  /  N

Current Employer: __________________________ Weekly Income: ___________________

Supervisor: _______________________ How Long: ________Work #: _________________

Previous Employer: _________________________________How Long? ____________

Previous Employer Supervisor: ______________________________________________

Previous Landlord: _____________________ Previous Landlord Phone:_______________

Has a landlord ever filed for eviction on you? ________ If so, when? __________________

If you lie on your application and state you do not have any recent evictions, yet recent evictions appear on your background check, there is a $50.00 non-refundable fee unless you opt to pay the extra Security Deposits. If we reserve a house for you and then you change your mind before the initial 48 hours is up but a screening has been completed for you, you will get your money back minus $50 for the screening. _________ Initial

Have you ever declared bankruptcy?  Yes  /  No   Date: ________

If you have ever been convicted of a Felony? If yes please explain. ___________________________________

Applicant 2 Name: __________________________________________

Date of Birth: ______________SS Number: _______________ DL Number: ______________________

Current Address, City, ST, Zip:_________________________________________________

Cell Phone Number: ____________________ Email Address:__________________________

Can we send your monthly statements and other notices to this email address?   Y  /  N

Current Employer: ___________________________ Supervisor: _____________________

How Long: ______________ Work Phone: ________ Weekly Income: ___________________

Previous Employer: _______________________________How Long? _________________

Previous Employer Supervisor: ________________________________________________

Previous Landlord: ________________________ Previous Landlord Phone:________________

Has a landlord ever filed for eviction on you? ________ If so, when? __________  

If you lie on your application and state you do not have any recent evictions, yet recent evictions appear on your background check, there is a $50.00 non-refundable fee unless you opt to pay the extra Security Deposits. ______ Initial                

Have you ever declared bankruptcy?  Yes  /  No   Date: ________

If you have ever been convicted of a Felony? If yes please explain. ___________________________________

How did you hear about us?  Friend            Drive By      Website     Craig’s List     Other: _______________

Renters Insurance: You are required to get Renters Insurance. Renters Insurance covers damages to your personal belongings due to fires, break-ins, water damage from leaks or sewage issues. Valor Homes Insurance only covers the house structure, our Insurance does not pay for loss of your personal belongings. Valor Homes does not pay for the loss of your personal belongings or damages to your personal belongings. You are free to use whoever you wish but here is the name and number of the Insurance Agent we use to insure our homes due to fire. State Farm Insurance: Mark Gray 770.487.8562

Utilities: Please keep in mind that you are responsible for having utilities switched into your name within 5 calendar days of the lease start date. If you cannot have them switched into your name, you will be responsible for finding someone who is willing to put them in their names. We can add this person to the lease however they will need to pay the $50 for the cost of the screening and have no recent evictions or filings within the last 2 years. Under no circumstances are we able to leave the utilities on in our name.

Adding Someone to the Lease Policy: If you need to add someone to the lease after the lease has been signed, they will need to pay the $50 for the cost of the screening and have no recent evictions or filings within the last 2 years.

Security Deposit Return Policy We do not charge an application fee. It is very important that you are sure about your choice BEFORE you reserve a home.  If you reserve a home and then change your mind before 48 hours is up, we keep $50 to cover the cost of the screening. If you change your mind after 48 hours, we keep $200 of your initial deposit. The $200 we retain is to compensate us for taking the home off the market, updating the website and processing the paperwork and running your screening. In order to reserve a home, you must pay half a month's rent in cash or money order.  Payment can be made by giving the funds to a Valor Homes employee or by depositing the funds directly into our bank account. You can call the office to get our bank account information. To hold a property for 2 weeks we require a deposit equal to 1/2 a month's rent (cash or money order).  To hold a property for 1 month we require a deposit equal to 1 month's rent (cash or money order).  If you change your mind before 2 weeks, we will return the deposit minus $200.  If you change your mind after two weeks, we will retain the equivalent of half a months rent. The money we hold back is to cover the costs of taking the home off the the market, updating the website and processing the paperwork plus compensation for time we lost where we could have rented the home to someone else. If you put money down on a property and the property is then reserved for you, a background check is then run. If you lie on your application and state you do not have any recent evictions, yet recent evictions appear on your background check, there is a $50.00 non-refundable fee unless you opt to pay the extra Security Deposits. 

Standard Qualifying Policy  In order to qualify for a home you will need to show proof of earnings. Please refer to the Earnings Chart below for our qualifying standards. Income must be in the form of recent paystubs, or 2 years of 1099's, W2's or tax returns showing employment with the same company.Your application and proof of income must also be submitted and approved before we will reserve a house for you. If you have paid money to reserve a house, we cannot qualify you until we receive copies of 30 days worth of pay stubs. Once you are approved, you must also provide a clear legible copy of the Drivers Licenses of all those who will be on the lease. All parties on the lease must be present at lease signing or be available to come to the office to sign the lease beforehand. Once we receive all the required information, we are usually able to approve you within one day. We are happy to qualify customers in advance of putting down a deposit. If Valor Homes tries to get in touch with you regarding your lease signing or anything that involves the approval of your application and we are unable to reach you or hear back from you within 3 business days, Valor Homes reserves the right to put the house back on the market. Please be truthful on your application. A prior eviction does not always disqualify you. If you send in your application, you are truthful on your application, you provide your proof of income along with your deposit, we can usually qualify you the same day and you will not risk losing any part of your deposit if you do not qualify. We cannot accept letters from employers who claim to pay cash or income from tips that are not reported to the IRS. Qualifying income includes hourly pay, salary, social security, food stamps, or disability. In order to use Child Support as income, you must show receipt of child support for 6 straight months. We do not accept unemployment income. We want our customers to be in a position to comfortably afford the rental cost as well as other costs of living such as food, utilities, transportation, etc.  Based on your earnings, you can determine how much rent you can afford. If you cannot provide proof of income through our approved means, please see our Exceptions to Standard Qualifying section below.

Exceptions to Standard Qualifying 

If an Eviction has been filed on you within the past 2 years from date of application, and you would still like to rent from Valor Homes, you have the option of paying 3 Security Deposits, one of which can be used as your last months rent. If you’ve been convicted of a felony, you have the option of paying 3 Security Deposits, one of which can be used as your last months rent. You must have been released from prison for 10 years in order to rent one of our homes for a felony conviction. If you were given probation, the date of conviction must be at least 10 years ago. One Security Deposit is equivalent to one months rent. If you are unable to provide proof of your income, you also have the option of paying 3 Security Deposits, one of which can be used as your last months rent. 

Explanation of Prorated Rent If you move in after the first day of the month, your initial rent payment will be applied to the next full months rent. On the First day of the next month, you are only required to pay for the days you occupied the home the month before. This is to get everyone on a first of the month due date. EX: If you move in on 9/20/10, then you are required to pay the first full months rent and the full security deposit which will be applied to 10/1/10-10/31/10 rent. Then on 10/1/10, you pay only for the days you occupied the home in September (9/20-9/30).  Valor Homes reserves the right to decline any customer who has attempted to commit fraud with regards to their application and/or paystubs. 

Your signature authorizes me to check your credit and background.

Authorization to Release Information

 I authorize Valor Homes 100 LLC to receive information regarding my current and past employment history including income as well as information regarding my current or past Residency.

APPLICANT’S COPY OF RENTERS INSURANCE, DEPOSIT REFUND AND UTILITIES POLICY

Renters Insurance: You are required to get Renters Insurance. Renters Insurance covers damages to your personal belongings due to fires, break-ins, water damage from leaks or sewage issues. Valor Homes Insurance only covers the house structure, our Insurance does not pay for loss of your personal belongings. Valor Homes does not pay for the loss of your personal belongings or damages to your personal belongings. You are free to use whoever you wish but here is the name and number of the Insurance Agent we use to insure our homes due to fire. State Farm Insurance: Mark Gray 770.487.8562

Utilities Please keep in mind that you are responsible for having utilities switched into your name within 5 calendar days of the lease start date. If you cannot have them switched into your name, you will be responsible for finding someone who is willing to put them in their names. We can add this person to the lease however they will need to pay the $50 for the cost of the screening and have no recent evictions or filings within the last 2 years. Under no circumstances are we able to leave the utilities on in our name.

Adding Someone to the Lease Policy: If you need to add someone to the lease after the lease has been signed, they will need to pay the $50 for the cost of the screening and have no recent evictions or filings within the last 2 years.

Security Deposit Return Policy: We do not charge an application fee. It is very important that you are sure about your choice BEFORE you reserve a home.  If you reserve a home and then change your mind before 48 hours is up, we keep $50 to cover the cost of the screening. If you change your mind after 48 hours, we keep $200 of your initial deposit. The $200 we retain is to compensate us for taking the home off the market, updating the website and processing the paperwork and running your screening. In order to reserve a home, you must pay half a month's rent in cash or money order.  Payment can be made by giving the funds to a Valor Homes employee or by depositing the funds directly into our bank account. You can call the office to get our bank account information. To hold a property for 2 weeks we require a deposit equal to 1/2 a month's rent (cash or money order).  To hold a property for 1 month we require a deposit equal to 1 month's rent (cash or money order).  If you change your mind before 2 weeks, we will return the deposit minus $200.  If you change your mind after two weeks, we will retain the equivalent of half a months rent. The money we hold back is to cover the costs of taking the home off the the market, updating the website and processing the paperwork plus compensation for time we lost where we could have rented the home to someone else. If you put money down on a property and the property is then reserved for you, a background check is then run. If you lie on your application and state you do not have any recent evictions, yet recent evictions appear on your background check, there is a $50.00 non-refundable fee unless you opt to pay the extra Security Deposits.

Standard Qualifying Policy: In order to qualify for a home you will need to show proof of earnings. Please refer to the Earnings Chart below for our qualifying standards. Income must be in the form of recent paystubs, or 2 years of 1099's, W2's or tax returns showing employment with the same company. Your application and proof of income must also be submitted and approved before we will reserve a house for you. If you have paid money to reserve a house, we cannot qualify you until we receive copies of 30 days worth of pay stubs. Once you are approved, you must also provide a clear legible copy of the Drivers Licenses of all those who will be on the lease. All parties on the lease must be present at lease signing or be available to come to the office to sign the lease beforehand. Once we receive all the required information, we are usually able to approve you within one day. We are happy to qualify customers in advance of putting down a deposit. If Valor Homes tries to get in touch with you regarding your lease signing or anything that involves the approval of your application and we are unable to reach you or hear back from you within 3 business days, Valor Homes reserves the right to put the house back on the market. Please be truthful on your application. A prior eviction does not always disqualify you. If you send in your application, you are truthful on your application, you provide your proof of income along with your deposit, we can usually qualify you the same day and you will not risk losing any part of your deposit if you do not qualify. We cannot accept letters from employers who claim to pay cash or income from tips that are not reported to the IRS. Qualifying income includes hourly pay, salary, social security, food stamps, or disability. In order to use Child Support as income, you must show receipt of child support for 6 straight months. We do not accept unemployment income. We want our customers to be in a position to comfortably afford the rental cost as well as other costs of living such as food, utilities, transportation, etc.  Based on your earnings, you can determine how much rent you can afford. If you cannot provide proof of income through our approved means, please see our Exceptions to Standard Qualifying section below.

Exceptions to Standard Qualifying 

If an Eviction has been filed on you within the past 2 years from date of application, and you would still like to rent from Valor Homes, you have the option of paying 3 Security Deposits, one of which can be used as your last months rent. If you’ve been convicted of a felony, you have the option of paying 3 Security Deposits, one of which can be used as your last months rent. You must have been released from prison for 10 years in order to rent one of our homes for a felony conviction. If you were given probation, the date of conviction must be at least 10 years ago. One Security Deposit is equivalent to one months rent. If you are unable to provide proof of your income, you also have the option of paying 3 Security Deposits, one of which can be used as your last months rent. 

Explanation of Prorated Rent If you move in after the first day of the month, your initial rent payment will be applied to the next full months rent. On the First day of the next month, you are only required to pay for the days you occupied the home the month before. This is to get everyone on a first of the month due date. EX: If you move in on 9/20/10, then you are required to pay the first full months rent and the full security deposit which will be applied to 10/1/10-10/31/10 rent. Then on 10/1/10, you pay only for the days you occupied the home in September (9/20-9/30).  Valor Homes reserves the right to decline any customer who has attempted to commit fraud with regards to their application and/or paystubs.