Make an Earnest Deposit to Reserve
Reserve this property by making an earnest deposit in the amount of the first month’s rent.
FAQ About Earnest Deposits
How does making an earnest deposit work?
It’s easy to reserve a property — just put down an earnest deposit which will be returned to you at the end of the lease if there is no property damage. Then the first-month’s rent is due prior to-move in. Once we clear all your application paperwork, you can move in.
Is my earnest deposit refundable?
The earnest deposit is non-refundable unless the current tenants renew their lease, or my application(s) are denied. In the event I am unable or unwilling to move into the property, my earnest deposit will be forfeited as payment for lost marketing time, increased risk of vacancy, and additional marketing costs.
What are the rental requirements?
- No evictions in the past 7 years
- 2.5x rent verifiable income (combined between all tenants and co-signers)
- Credit score 600+
What happens if my paperwork does not go through?
If one of our potential renters makes a deposit but upon reviewing their paperwork we find that they do not qualify for the rental terms, we will refund the deposit in full.
What are the next steps?
Once you’ve made your initial earnest deposit, our team will contact you to take care of the rest of the paperwork needed to begin the lease.
1016 Sibley St NW 1, Grand Rapids, MI, 49504
$2,200.00 - Security Deposit
