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Description
Welcome to your new spacious home in the wonderful Roosevelt neighborhood of Seattle, WA. This 3 bedroom, 2 bathroom house is perfect for those looking for a comfortable and convenient living space. Enjoy the convenience of being on the bus line, onsite parking, and a laundry room for your convenience. The front yard is perfect for outdoor activities, and the gated property provides added security and privacy. Inside, you'll find stainless steel appliances in the kitchen, a garage with remote access for easy parking, and plenty of storage space in the basement. Don't miss out on this opportunity to make this house your new home - move in by 01/01/2025 and receive 2 weeks free rent!
Rental Criteria – Sept 2023
Yates, Wood & MacDonald, Inc
Rental History: 12 months valid, verifiable rental history
Valid rental history is a written lease or month-to-month agreement.
If rental history is less than 12 months then a cosigner may be requested. Final recommendation will
also be dependent on credit history, income and employment.
Credit History: At least 4 accounts established for 1 year in good standing
If derogatory credit history (excluding medical & student loan debt) is in excess of $500, but less
than $1000, then a cosigner may be requested. Final recommendation will also be dependent on
income, rental & employment history.
Income: Monthly income must be equal to at least 3 times the rental amount
If income is less than 3 times the rental amount, but more than 2.5 times the rental amount then a
qualified cosigner may be requested. Final recommendation will also be dependent on rental, credit
& employment history.
SECTION 8 & HOUSING AUTHORITY APPLICANT CRITERIA:
All Section 8 and housing authority applicants are required to meet the same criteria as stated above, with the exception that the applicant only needs to meet income requirements for their portion of the rent.
Recommendations will be made following the above set standards.
INTERNATIONAL STUDENTS AND APPLICANTS THAT ARE NEW TO THE COUNTRY:
International students will be required to pay a last month’s rent. Proof of current college or
university enrollment or current student visa will be required for valid verification.
Applicants that are new to the country will be required to pay a First and Increased Deposit. Proof of
income source or new job will be required.
COSIGNER QUALIFICATION CRITERIA:
A cosigner will be APPROVED if all the qualification below is met, if the cosigner does not meet any
1 of the following criteria then the cosigner will not qualify.
RENTAL HISTORY: 1 year of valid and verifiable rental or mortgage history with no late payments
CREDIT HISTORY: At least 4 accounts in good standing for 1 year with less than $100 in derogatory
credit
INCOME: 4 times the rental amount of the unit in verifiable, garnishable income
GROUNDS FOR DENIAL MAY RESULT FROM THE FOLLOWING ON ALL APPLICANTS:
Verified eviction showing on credit report or confirmed with landlord non-Covid related.
Rental collection verified on credit report
Balance owing to landlord
2 or more late payments and/or NSF checks and/or noise complaints within a 12-month rental
period.
Derogatory credit history (excluding medical & student loan debt) in excess of $1000
Open (non-discharged) bankruptcy.
Unverifiable social security number
Falsification of rental application
Breaking lease agreement that will result in collection filing
Welcome to your new spacious home in the wonderful Roosevelt neighborhood of Seattle, WA. This 3 bedroom, 2 bathroom house is perfect for those looking for a comfortable and convenient living space. Enjoy the convenience of being on the bus line, onsite parking, and a laundry room for your convenience. The front yard is perfect for outdoor activities, and the gated property provides added security and privacy. Inside, you'll find stainless steel appliances in the kitchen, a garage with remote access for easy parking, and plenty of storage space in the basement. Don't miss out on this opportunity to make this house your new home - move in by 01/01/2025 and receive 2 weeks free rent!
Rental Criteria – Sept 2023
Yates, Wood & MacDonald, Inc
Rental History: 12 months valid, verifiable rental history
Valid rental history is a written lease or month-to-month agreement.
If rental history is less than 12 months then a cosigner may be requested. Final recommendation will
also be dependent on credit history, income and employment.
Credit History: At least 4 accounts established for 1 year in good standing
If derogatory credit history (excluding medical & student loan debt) is in excess of $500, but less
than $1000, then a cosigner may be requested. Final recommendation will also be dependent on
income, rental & employment history.
Income: Monthly income must be equal to at least 3 times the rental amount
If income is less than 3 times the rental amount, but more than 2.5 times the rental amount then a
qualified cosigner may be requested. Final recommendation will also be dependent on rental, credit
& employment history.
SECTION 8 & HOUSING AUTHORITY APPLICANT CRITERIA:
All Section 8 and housing authority applicants are required to meet the same criteria as stated above, with the exception that the applicant only needs to meet income requirements for their portion of the rent.
Recommendations will be made following the above set standards.
INTERNATIONAL STUDENTS AND APPLICANTS THAT ARE NEW TO THE COUNTRY:
International students will be required to pay a last month’s rent. Proof of current college or
university enrollment or current student visa will be required for valid verification.
Applicants that are new to the country will be required to pay a First and Increased Deposit. Proof of
income source or new job will be required.
COSIGNER QUALIFICATION CRITERIA:
A cosigner will be APPROVED if all the qualification below is met, if the cosigner does not meet any
1 of the following criteria then the cosigner will not qualify.
RENTAL HISTORY: 1 year of valid and verifiable rental or mortgage history with no late payments
CREDIT HISTORY: At least 4 accounts in good standing for 1 year with less than $100 in derogatory
credit
INCOME: 4 times the rental amount of the unit in verifiable, garnishable income
GROUNDS FOR DENIAL MAY RESULT FROM THE FOLLOWING ON ALL APPLICANTS:
Verified eviction showing on credit report or confirmed with landlord non-Covid related.
Rental collection verified on credit report
Balance owing to landlord
2 or more late payments and/or NSF checks and/or noise complaints within a 12-month rental
period.
Derogatory credit history (excluding medical & student loan debt) in excess of $1000
Open (non-discharged) bankruptcy.
Unverifiable social security number
Falsification of rental application
Breaking lease agreement that will result in collection filing
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