Metro Atlanta Rental Homes
Atlanta rental market is going strong. Marietta rentals are moving so quick that, in some instances, we are having difficulty placing
tenants with their first choice. Our primary business revolves around finding homes for buyers and assisting home sellers. Please call or email us to see if we can work with your rental needs before you go any further. If we are able to place you with an agent then we will need you to fill out our one page rental application found here:
There is a $30.00 processing fee used to pull credit and validate the application. See: Why do we charge a rental application fee? This form can be opened as a Microsoft Word document. You can edit the fields or print it out and fill it in the old fashioned way.
Once your application and payment has been received, we will be happy to work with you in finding your Cobb County rental home. In the meantime, feel free to use the search feature on this website as your rental guide to finding Metro Atlanta Homes for rent.
Featured Homes for Rent on BuyHawkeye.com
We are now offering a program for those who don't want their credit checked in order to rent a home. This applies only to our rental homes found here. If you are interested in renting one of our homes with no credit, then we can help you out. Basically, you will be required to pay a security deposit plus last month's rent up front. You will still be required to fill out an application, but your credit will not be pulled. Give us a call today if you are interested in this option.
Metro Atlanta Homes for Rent or Lease
Renting is the traditional form of occupying a property without ownership rights. Most homes for rent in Cobb County will be listed for rent on a twelve month basis subject to a credit check. Contracts are available for a longer or shorter duration, but a twelve month rental contract is fairly standard. At the end of the term, if no action is taken by either the landlord or tenant (ie, a 30 day notice to terminate the contract), then the rental agreement defaults to a month-to-month contract or tenancy at will. It is possible to find rental homes without a credit check, however, the tenant can expect to pay a much higher deposit.
Typically, the landlord will attempt to collect one month's rent in advance as a security deposit against potential damages inflicted upon the property during the contract period. Rent is usually due on the 1st of each month and late on the 6th. In other words, the renter has five days to pay rent to the landlord.
Once the term is complete, the security deposit is refunded to the renter less damages determined to be in excess of normal wear and tear. To protect both parties, it is in your best interest to fill out a check-in sheet detailing the current condition of the property. Have that sheet signed by both parties with each retaining a copy. That way, there will be little to no dispute on the condition of the property at the end of the term.
Lease Purchase & Lease Option
These two terms are often used interchangably. They actually mean two different types of contracts. Close! But there are some important differences.
There are several reasons a buyer or seller would chose to enter into a rental or lease agreement. One reason to lease versus purchase is the buyer's poor credit score. In this case, the buyer will find it difficult to buy a home at a term they are capable of repaying. This is where a lease/purchase makes a great deal of sense. The buyer, in effect, becomes a renter for a specified period of time. The buyer uses that time to stabilize or improve their credit and save up enough money to purchase the property by the end of the contract.
In Georgia, a buyer will enter into two separate contracts. One is the "Lease/Purchase Agreement" and the other is the "Lease for Lease/Purchase Agreement." In these contracts, the buyer agrees to purchase the property in a specified period of time and at a specified price. In the meantime, the seller rents back the property to the buyer at an agreed upon lease amount. This process is also known as rent to own and lease to own. If you hear these terms, know that they are the same as lease purchase.
It is not uncommon for the seller to provide "rent credit" in the contract. Rent credit is an amount paid to the buyer at closing towards the actual purchase of the home. For example, if the lease amount is $1,500 per month then the seller might allow $200 per month for every month paid on time to be credited towards the buyer's closing costs. At the end of the year's term the buyer will have accumulated $2,400 towards closing costs.
The search feature on this website is not capable of sorting houses available for lease purchase. Please call or contact us with your requirements and we will gladly provide you with a list of available homes for lease purchase in your desired area.
Lease/Options work nearly identical to Lease/Purchases. In this case the buyer pays the seller "Option Money." The option money is used to reserve a sales price at a specific date. If the buyer fails to close by that date, then the seller retains the option money. On the other hand, the buyer is locking in today's fair market value price to be paid in the future. This usually works out well for all parties concerned since the buyer will pay today's value sometime in the future and the seller will be collecting lease payments used to cover the existing mortgage while waiting to sell the property.
As above, the search feature is not capable of sorting houses for lease option. Please call or contact us with your requirements and we will gladly provide you with a list of available homes for lease option in your desired area.