Deposit Return Policy: It is very important that you are sure about your choice BEFORE you reserve a home. There is no application fee however there is a $50 fee for the credit/background screening. If approved, the $50 will go toward your security deposit for the house you are renting. If a screening has been ran but you do not rent from us for any reason, there is a $50 fee to cover the screening.
If you reserve a home and then 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. If you change your mind before the initial 48 hours but a screening has been completed for you, you will get your money back minus $50 for the screening.
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. If an exception is made and the home is held for more than 30 days, yet you fail to move in, you will lose your entire security deposit equal to one 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.
In order to reserve a home, you must pay the security deposit. Payment can be made by giving the funds to a Valor Homes employee in our office or by depositing the funds directly into our bank account. You may pay half of the security deposit to hold a home for two weeks, and then after two weeks, the rest of the securiy deposit is due. To hold a property for one month (30 days) we require a full security deposit. We will not hold a home for longer than 30 days.
If you reserve a home and then 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. If you change your mind before the initial 48 hours but a screening has been completed for you, you will get your money back minus $50 for the screening.
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. If an exception is made and the home is held for more than 30 days, yet you fail to move in, you will lose your entire security deposit equal to one 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.
In order to reserve a home, you must pay the security deposit. Payment can be made by giving the funds to a Valor Homes employee in our office or by depositing the funds directly into our bank account. You may pay half of the security deposit to hold a home for two weeks, and then after two weeks, the rest of the securiy deposit is due. To hold a property for one month (30 days) we require a full security deposit. We will not hold a home for longer than 30 days.