A) At Time of Submitting an Offer We Need to Provide the Following Docs as a Package, and Cannot Send the Offer Package Until ALL Documents are Present (minimum requirements):
- Job letter (or Income Tax Return for self employed), combined income must be $50,000
- Credit report with score (no older than 6 months) must be 700+, otherwise due to extremely high competition chances will be low
- Paystubs must 3 FULL MONTHS
- Lease Application
- Lease Offer (I will prepare it for e-sign, when you’re ready to submit an offer)
**Please follow this checklist for your convenience: Click Here for Checklist**
- THE LISTING AGENT WILL USUALLY RESPOND WITHING 24HRS, HOWEVER IT COULD BE DELAYED IF THEY ARE BUSY OR FOREIGN INVESTORS.
- REJECTION OF OFFERS IS A COMMON OCCURRENCE IN THIS VERY INTENSE AND HEATED MARKET, SO NO NEED TO STRESS, IF I HAVE TAKEN YOU ON, I WILL HELP YOU ALL THE WAY.
- CASH JOBS WILL NOT SUFFICE
B) Once The Offer is Accepted, We Need to Provide the Following within 24 Hours:
- First and last month’s deposit in the form of bank draft in the name of the brokerage (found on the 1st pg of the lease agreement), within 24hrs of acceptance.
- Deliver the bank draft to the brokerage, or wire transfer to the brokerage, I’ll send you deposit instructions .
C) After the Draft is Delivered:
- In case of a condo you will need to complete tenant registration by contacting the property management yourself, I’ll provide you the instructions and contact.
- At the same time you will need to book the elevator (if applicable) for moving and
- Provide a damage deposit / security cheque to the property management, refundable immediately after the move,
- Sundays are not allowed.
- BOOK EARLY BEFORE ALL TIME SLOTS ARE GONE!
- You will need to arrange the following prior to key exchange:
- Key deposit in the name of the landlord, found on top of the 1st pg of lease agreement.
- Post-dated rent cheques in the name of the landlord (12 months minus the # of months of deposit)
- Proof of utility account name change
- Tenant insurance
D) At the Time of Key Exchange (Closing/Move-In Date) We Must Provide Proof of the the Following:
- Tenant Insurance
- Utility account name changes
- Key deposit cheque
- Post-dated rent cheques
E) Enjoy Your New Home!!!
WHAT DOCUMENTATION WILL YOU REQUIRE?
Please Click on the Relevant Tile Below: