F.A.Q's for Rentals

Absolutely.  The day you submit your application, if you are interested in pulling a certain property from the rental market, you may place a "Non Refundable Holding Fee".  This fee is usally equal to 1 month's rent and is non refundable should you change your mind.  If you are denied in the application process for any reason, this fee is returned to you.  If you are approved and you sign a lease, this fee is transferred into a Security Deposit that is refundable as long as you fulfill the terms of your lease and the property is left in "rent Ready" condition when you vacate the home. 

We do not allow tenants to move into a property over a weekend or holiday.  If an exceptiuon is made, Diamond Realty will not be responsible for any repairs that might occur.  You would have to wait until the next business day to request maintenance.

Diamond Realty uses a Parent Guarantor form to prove your income.  This form is treated the same as an application.  In this situation, we pull credit, current income and rental history on the student/applicant as well as the parent that is guaranteeing the rent for their child.  If this is a roommate situation, most owners prefer that each student provide a parent guarantor.

Diamond Realty policy is the only hold an available property for 10 days from the date your application is approved.  If the home that you've chosen is currently occupied, we will hold it for 10 days after the property is vacant and "Rent Ready."  if you do not sign a lease or take possession of the property by the 10th day (unless other arrangements have been made in writing), the Non Refundale Holding Fee will be forfeited.

Once Diamond Realty receives the application along with all of the necessary documentation, we can usually process the application within 1 to 2 business days.

Diamond Realty takes all sorts of proof of income.  If you are receiving unemployment benefits, student loans or have some money saved up we can use this information.