After viewing and being satisfied with the unit you must complete an application and pay a $55.00 non-refundable application fee which is required for each applicant.
NOTE: Any person over age 18 is required to fill out an application and pay a non-refundable application fee.
Approval will be determined based
on the following:
- Monthly income must be 3 times the monthly rent (net income, after reductions).
- Rental history- Applicants must have established 12 months of verified landlord history with no more than 2 late payments or 24 months of verified landlord history evidencing no more than 4 late payments. For homeowners of two years or more, positive mortgage payment history must be provided evidencing no more than 3 late payments per year. Credit scores must be at least 580 and above.
- No Rental History- you must have a minimum 600 credit score.
- Foreclosures- If real property owned by the applicant has been subject to a foreclosure within 2 years prior, the rental application will be automatically denied.
- No Temporary Employment.
- Bankruptcies- Chapter 7 & 13 (1 years after discharge date
- Evictions- A Rental Application will be denied if an eviction is recorded against an applicant within the last 5 years or debts
owed to previous or current landlords.
- Repossession- If personal property owned by the applicant has been subject to one or more late payments or repossession for more than 3 years prior to the application and no balance is owed in connection with the repossession, otherwise satisfactory rental applications maybe approved, but only if the applicant provides a guarantor.
- If your application contains falsified information it will be automatically denied.
- If you have any outstanding utilities in collections (water, power or gas) you will need to provide receipt showing it is paid in full.
We are a pet friendly company,
however all of our properties have different requirements based on the owner's
preferences. Please contact our
office for further information,
FAX a copy of your driver's license, social security card and two current pay check stubs (current month).
If you are self-employed, fax 1 years tax returns and two month's bank statement.
You can scan and email a PDF attachment to
or Fax: 205-358-3378
Russell Realty & Associates, LLC do not discriminate because of race, color religion, handicap, familial status, sex or national origin.
Russell Realty & Associates
8919 Highway 119
Alabaster, AL 35007