408 Cabot Street

Enjoy this newly updated home with granite kitchen countertops, tiled bathrooms and luxury plank tile throughout. Lots of windows with Lots of light, concrete driveway, large fenced in backyard. Laundry room with washer and dryer for use. Garage for additional parking and storage. Sidewalks in a quiet well established neighborhood.

LEASE REQUIREMENT – 12 Months Minimum. This could be longer, as we do not expire leases from Oct through Feb.

APPLICATION FEES ARE NOT REFUNDABLE. Please review the following criteria and terms carefully and only apply if you meet them. Because of the amount of time it takes our staff to review applications to ensure they are complete; application fees are not refundable. Completed applications can be transferred to another available property within 30 days by contacting our leasing agent at 757-773-7368.

QUALIFIED APPLICANTS WILL…
- Have verifiable, reliable gross income of at least 3 times the rent and net income of at least 2.5 times the rent (Exception – HUD or VA VASH voucher holder)
- Have no more than 2 occupants/bedroom
- Have no more than 2 unrelated adults. (Relationships must be spouse or parent/child to qualify.)
- Not owe any money to a previous landlord
- Not have any recent evictions
- Not have any unpaid utilities, or car payments reported on the credit report or court records
- Have no excessive accounts in collections or charged off reported on the credit report
- Not have been convicted of any crimes against people or property in the last 7 years
- Not have been convicted of any drug manufacturing or distribution charges in the last 7 years
- Have no vicious breed dogs

APPLICATION INSTRUCTIONS (HOW TO APPLY):
Visit our company website at www.pmivirginia.com. Click on Rentals and click on VIEW DETAILS for the property you want to apply for, then click on APPLY ONLINE. Ensure that you have all the required documents handy (Log in info for all if your income deposit sources, your most recent 2 months paystub for all income sources, Government Issued IDs for all adults). Complete all the Required Information then Hit Submit. Go to your e-mail and find the e-signature that will walk you through signing and paying for the application.

THIRD PARTY INCOME VERIFICATION - Applicants will be required to complete an income verification with payscore.com. Be sure to include ALL of your bank accounts that have income deposited into. FAILURE TO COMPLETE THE INCOME VERIFICATION WILL RESULT IN APPLICATION DENIAL.

UPON ACCEPTANCE: Lease must be signed, and deposit paid within 48 hours of acceptance. (See exception for SEC 8 voucher holders below.) A whole month’s rent will be due upon move-in. If lease begins after the first of the month, a prorated rent will be charged for the second month of the lease term.

MILITARY APPLICANTS: Please upload a copy of your most current orders with your application. Your PRD must be at least 12 months after your lease start date.
SEC 8 APPLICANTS: Please upload a copy of your voucher with your application. If the voucher indicates a bedroom # the same as the property you are applying for or more, we require you have monthly verifiable, reliable income of at least one times the rent. If your voucher indicates a bedroom # lower than the number of bedrooms you are applying for, we require you have monthly verifiable, reliable income of at least two times the rent. Upon acceptance, a reservation fee equal to one month rent is due must be paid for the property to be held for you. Applications will only be processed if the applicant confirms they have the funds available to pay within 48 hours. If you are accepted, the property will remain on the market until the reservation fee equal to one times the rent is received to reserve the property.
First Month's Rent due at Lease Execution.

APPLICATION TURNAROUND TIME: 2-3 business days depending on how quickly your references respond to our inquiries. Applications submitted on weekends or holidays will be considered submitted on the next business day. Applications will not be considered completed until the petscreening.com and payscore.com reports are completed, and all adult applicants have completed the following: submitted all required documentation, signed the application, paid the application fee.
This posting is deemed reliable, but not guaranteed. Only listings at PMI Virginia's website are current.

ADDITIONAL FEES NOT INCLUDED IN RENT:
Application Fee - $60 per Adult (+$5 processing fee if you pay on-line)
Deposit – Minimum of one-month rent. Could be higher based on risk factors.
Filter Maintenance Program - $15/Month in homes with central air to receive bi-monthly filter deliver
Pet Application Fees - $20 for the first pet $15 for add’l paid to petscreening.com
Pet Initiation Fee - $300-500/pet, depending on the risk factor result from petscreening.com
Pet Rent - $30-50/pet, depending on “paw score” from petscreening.com
$2.95 eCheck Fee per Rental Payment; Online Payments Only