Toledo, OH
FAQ's
DEPOSIT TO HOLD with Application
Can I put a “DEPOSIT to HOLD” on a Home when I submit my Application?
DEPOSIT TO HOLD WITH YOUR APPLICATION
Providing when there is not an approved application pending, You may put a deposit to hold on a home when you submit your application. You must submit a dollar amount equivalent to the Security Deposit or more for your “Deposit To Hold.”
This is a very powerful and strong benefit for you.
Your Deposit to Hold shows you are dead serious about renting this home and you are not going to be shopping other homes. Once approved, your Deposit to Hold money will be used for funds needed to complete the rental agreement process.
When You put a “Deposit To Hold” on a selected home, this home will be immediately removed from the list of available homes, thus putting you in the driver’s seat. It will be removed from the list of available homes.
Once approved, you will have 24 hrs to coordinate an appointment to sign all lease documents. This does NOT mean you have to ‘move in’ within 24 hrs. This simply means you start paying rent. You may still move in on your schedule. This is very helpful for folks who are moving to Toledo, Ohio from another town.
Should You Decide Not to Rent AFTER YOU ARE APPROVED, YOU will forfeit the DEPOSIT TO HOLD money. Arie will have to begin the entire process to advertise and market this home for rent again.
If you are not approved, your DEPOSIT to Hold money will be returned to you within 30 days to the address you entered on your form. If you wish to get your funds immediately, there will be an $85 charge deducted from your funds for processing your application along with starting the marketing and advertising process again.
Application Qualifying
What Does It Take To Qualify?
We are happy and pleased you are considering a Arie Home. We are very proud of our homes and believe you will be too. Our requirement standards for qualifying to rent a home are simple and fair.
They Are:
- All homes are offered without regard to race, color, religion, national origin, familial status, disability, sex, gender identity, sexual orientation, lawful source of income, conviction history or arrest history, prior military service or homeless status.
- Each adult occupant must submit an application.
- Your gross monthly income must equal approximately three times or more the monthly rent
- A favorable credit history; however, bad credit will not prevent you from renting a home.
- Be employed and/or be able to furnish acceptable proof of the required income, or pay rent in advance.
- 2 recent bank statements
- Good references, housekeeping, and property maintenance from your previous Landlord(s).
- Limit the number of occupants to 2 adults per room.
- No evictions over the past 10 years
- No criminal records over the past 10 years
- Compensating Factors can include additional requirements such as local qualified co-signer, rent paid in advance, or rent to own for applicants who fall short of above criteria.
- Toledo Fair Housing Ordinance can be viewed online https://www.arieoh.com/city-info/
Does Arie accept Section 8?
Arie does participate providing 3 criteria are met:
- Applicant must be approved
- Home must pass inspection
- Rent must be approved
NOTE: because Section 8 requires a 12 month lease, some rentals cannot participate:
- homes that require month to month lease
- homes that require 3 year leases
- homes offered as “Rent To Own” with Option To Buy
Additional Information on Section 8
Only AFTER you have attended your briefing, received your white packet, may you begin your search for a home located in LUCAS COUNTY.
Section 8 uses a “Voucher System” based on NUMBER OF BEDROOMS.
– Your Voucher is based on bedrooms, NOT Dollar Amount.
– The dollar amount on your voucher is for rent including ALL UTILITIES.
– Single family homes for rent do NOT include utilities with the rent.
When You Contact Our Office
YOU will be asked the following about Your Section 8:
– Have you attended your briefing? 2.) Do you have your white packet? 3.) How Many Bedrooms On Your Voucher?
Please Do NOT Shop by the Dollar Amount of Your Voucher.
Please Use The Number Of Bedrooms when you are shopping for a home.
Providing the local Section 8 office agrees to the rent amount, many homes are available on this Section 8 program. Unfortunately, there are many homes with rent exceeding the maximum rent allowed by the Section 8 program; therefore, preventing participating families from pursuing these homes.
Application Processing
How Long Does It Take to Process My Application?
Only after we have received all items needed, your application will be processed within 2 business days.
When you submit your online rental application, it is immediately e-mailed to our office with a “date and time” stamp.
Properly submitted applications are processed in the order they are received, so please make sure you include everything requested to process your application promptly. Arie does not process multiple applications at the same time for a rental home.
Sometimes there is an application submitted before we receive your application. When this happens, you will be contacted immediately to inform you of this. Your application will not be processed until the application before yours is completed. If the application before yours is approved, they have 24 hrs to sign their lease documents or they lose their position. (Arie cannot hold a property for days or weeks waiting for an approved applicant to sign all lease documents).
Should the applicant before you is approved and they rent the home, you will be contacted and given several choices. Remember, we have NOT processed your application at this point.
1. You can request of refund of your application fee
2. You can apply for another available home
3. You can request to get “Pre-approved” for the next available home meeting your needs.
You will be contacted using the information you submitted on your application. Previous Landlord Verification may take a day or two for them to respond.
Animals May Be Allowed! – We Love’em, just like You!
Arie follows ADA qualified “Certified Service Animal” regulations.
Safe and legal animals that do not damage or reduce value of property may be allowed with a non-refundable Animal Fee.
NEW ANIMAL APPLICATION:
- Each Animal MUST submit an application with a photo.
- Each Animal MUST weigh less than 30 pounds.
- Each Animal MUST not be on the Insurance Companies list of dangerous animals.
Pit Bulls, Rottweilers, German Shepherds, Huskies, Alaskan Malamutes, Doberman Pinschers, Chow Chow, Presa Canario, Boxers, St. Bernards, Wolves and Wolf Hybrids, Great Danes, Dalmations, Samoyed, Bull Terrier, Tibetan Mastiff, and Malamutes are not allowed.
Insurance Companies are taking very aggressive action because of these concerns involving dangerous animals. Many insurance companies are canceling policies WITHOUT NOTICE upon discovery of certain animals.
Some insurance companies use a list of dangerous animals compiled by the National Center for Disease Control in Atlanta, Georgia. If your animal is on the list, it could pose problems in the near future.
Our animal policy is subject to change without notice as a result of changes from our insurance carriers.
Animals not in violation of any local ordinance or insurance regulation are usually accepted providing an “animal fee” has been paid and the monthly rent is increased by an additional cost for each animal.
Arie values animals and pets.
Animals must be:
– safe and weigh less than 30 lbs.
– allowed by all local laws, regulations, etc.
– not pose a threat, hazard, or nuisance to others or property
– allowed by insurance company with an accurate photo
If your animal complies with these guidelines, your animal may be accepted.
The only exception would be a property owner who specifically states in their management contract “no animals are allowed.”
What Should I Consider Before Looking for a Arie Home?
Even before starting to look at homes, find out what price home you can afford.
In general, you can afford to rent three times your net monthly income.
More precisely, the price you can afford to pay for a home will depend on five factors:
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income
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cash available
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outstanding debts
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credit history
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current interest rates
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These items listed here are geared specifically for the purchase and are consideration factors with renting a home.
The qualifying standards to rent are much easier than trying to qualify for a home loan to purchase.
The rule of thumb in renting a home is that the monthly rent should not be more than 33% of your monthly income.
You can always pay rent in advance to avoid the income qualifier.
LOCAL qualified Co-Signers may be used to help you qualify for income.
Many folks purchase an Option to Buy, our Rent To Own program to help qualify.
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