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No Security Deposit Option for Well Qualified Applicants

man paying rent in cash

 

An approved applicant will incur a monthly charge by our Billing Authorization Technology vendor – MyObligo.com. The monthly charge collected by MyObligo.com will vary upon the monthly lease amount of the home to opt out of the standard security deposit. This is an OPTIONAL program only offered on a case by case basis with the Landlord or Real Property Management Prestige maintaining full authority to rescind this offer at any time, for any home.

Real Property Management Prestige has designed a program to give approved applicants an opportunity to ease the burden of up-front expenses when leasing one of our homes. The standard security deposit is one month’s rent. In this program, an approved applicant has the OPTION to apply for approval during the lease application process allowing them to not have to pay the standard security deposit mentioned above. A request from MyObligo.com will be sent to the applicant once they pass the Real Property Management Prestige screening criteria. During that next process, the applicant will apply thru MyObligo.com using their Credit Card and Checking Account as the means to cover any damages incurred at the end of the lease agreement.

An approved applicant will incur a monthly charge by our Billing Authorization Technology vendor – MyObligo.com. The monthly charge collected by MyObligo.com will vary upon the monthly lease amount of the home to opt out of the standard security deposit. This is an OPTIONAL program only offered on a case by case basis with the Landlord or Real Property Management Prestige maintaining full authority to rescind this offer at any time, for any home.