RESIDENT SCREENING

Whether we procure a prospective tenant, or another REALTOR® brings us the applicant, Blue Ribbon Property Management performs a thorough credit and criminal background check.

Our background check consists of collecting and reviewing the following information:

• Identity verification
• Public record search
• Criminal history
• Rent-to-income verification
• Eviction records
• Employment verification
• Rental history
• Credit score

CREDIT SCORE

Yes, credit scores are important to us, but we are more interested in the things that created the credit score than the score itself. A less than desirable credit score may be off-set by great rental history and solid income.

CRIMINAL HISTORY

Residency may be denied due to a criminal record; please see criminal criteria below:

• Automatic Denial of Tenancy for Convicted Crimes Within the Past Seven Years Include

  • 1st, 2nd, and 3rd degree murder
  • Harassment or stalking
  • Kidnapping
  • Simple or aggravated robbery
  • Terrorist threats
  • Felony controlled substance
  • Felony burglary/theft
  • Arson
  • 1st, 2nd, 3rd and 4th degree sexual assault or misconduct
  • 2nd degree manslaughter
  • 1st and 2nd degree assault
  • In possession of a controlled substance or intent to distribute a controlled substance
  • At attempt to commit one of the above stated crimes
  • Misdemeanors
  • Any Misdemeanor may be subject to Denial
  • Type of charge and date of conviction may affect the decision
  • Proof of resolution may also be required
  • Felonies
  • Felony convictions less than 7 years from release may be denied
  • Per Federal regulation, drug and alcohol use felonies may be acceptable with proper documentation
  • Regardless of conviction date, no applicant with a felony conviction for any of the following will be accepted
  • Acts of violence
  • Sex crimes
  • Illegal manufacturing or distribution of drugs

INCOME VERIFICATION

The combined GROSS monthly income of the applicants must be a minimum of 3 times the monthly rent. You will be required to provide proof of income whether you are employed by a 3rd party, or self-employed.

If an applicant is self-employed, they will need to provide the following proof of income:

• bank statements
• tax returns

If an applicant is not self-employed they will need to provide the following proof of income:

• copies of your most recent pay stub
• tax returns (if applicable)

RENTAL HISTORY

Applicants may need to provide a rental reference which confirms a minimum of 1 year or more of valid, verifiable rental history from a third-party landlord. If there is a rental history shorter than 12 months an additional deposit may be required or a guarantor may be required. If rental history includes: late payments, eviction(s), excessive lease violations, excessive property damage, unauthorized tenants/pets, pest infestations due to tenant negligence, improper notice to vacate, three or more late notices within a 12-month period, noise or nuisance violations, two or more NSF charges, or outstanding balance owed, the applicant may not be approved for a lease.

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