Rent Your Own
At Rent You Own, you get to name your own requirements and qualifications - it's a program like other. Created for this economy post the Covid collapse and AI takeover, it's similar to Lease to Buy or Rent To Own. As a Real Estate Consulting Agency, we want sellers and prospective landlords to know that this option can increase their wealth by 100%, and we have the knowledge to prove it at Psalms Properties. Renting your own puts power, authority, and value in palms of your hands. It says that you trust yourself and understand that the market dictates housing prices. With this option, you have the say in who, what, where, when, and how you make money - even while you sleep or on vacation. Trust yourself before anyone else and invest in your legacy and good name.
Qualifications
When it comes to renting out your own home, it's important to set your own rules. Consider who you are looking for as a tenant. Do you require perfect credit and background checks? Or are you willing to help out a family in need? Maybe you're looking for a long term tenant who can build their savings and credit over time. Whatever your criteria, now might not be the best time to sell your home. Renting it out could be a wise decision, especially in today's pre-presidential election market. Trust yourself, you know.
Requirements for Renting Your Own: Proof of Income, Identity and Other Documents
Real ID Verification:
Ensuring Secure and Reliable Proof of Identity"
For Rent You Own, we take the safety and security of our tenants seriously. As such, we require proof of identity from all applicants, and encourage landlords to do the same for all adults in the household. Our three-step Real ID process ensures that we can verify the identity of each person, protecting both you and us. Additionally, this process allows us to keep accurate records of minors' names, ages, and dates of birth.
Qualifications for Renting Your Own:
Required Proof of Income
Rent Your Own Program is an exceptional unique opportunity for individuals to own their dream home. To ensure a smooth process, we require proof of income which includes 2-3 most recent pay stubs. For-employed individuals, we recommend submitting all necessary documents before viewing the home. We understand the importance of financial stability and encourage applicants to consider all options, including the use of a minor's SSI or income of extended family members who are committed staying and buying. Trust in you to guide your self through the process with professionalism and expertise.
Ensuring a Secure Tenancy:
Qualifications for Proof of Security Deposit Pet Ownership, and Other Required Documents
Rent-to-own policy is a great option for those who want to own a home but may not have the financial means to do so right away. To qualify for this policy, we require proof of a security deposit and other documents. We may also ask for additional documents, such as a letter the current landlord stating that the tenant is in good standing and has not been evicted. Additionally, we require proof of up-to-date utilities and other bills. In Maryland, the maximum security deposit is two months' rent, plus one month's rent including any pet deposit. We also require proof pet registration and vaccinations, and may ask for a clean-up of pets if the purchase falls through. We are happy to work with you to create a payment plan that works for you and your budget.
Special Deals
Looking for a better deal than the typical cost of working with a property manager or realtor in Maryland? Our team offers a unique approach to new first-time landlords and sellers to our agency. Step #1: Organize your paperwork to show proof of ownership and insurance, plus anything else you feel is important. Step #2: Consider how much you want to rent your home for, how long before selling, and the dollar amount you want to sell your house for at the end. Step #3: Schedule a time to talk or contact us by email, text, or the contact form on our website. Say good bye to the typical costs and hello to a better deals - contact us today!
