Glyn Ramsay. Home Design. January 12th , 2018.
Apartments in each state and, even in each city within the same state, have their own different qualification procedures when reviewing the application of a potential new renter. Take the state of Texas as an example. The largest metropolitan areas in this state with the highest concentration of apartment communities are Dallas, San Antonio and Houston. There are thousands of various apartment complexes in each of these cities. You would think they would have the same requirements for approval when running an Application for a new renter since they are all located within the same state of Texas. However, Dallas has very unique requirements that are different from Houston and San Antonio as well as different from other cities and other states.
What if you are retired and do not have income? Some areas would require you to move to a retirement community or senior facility. But most apartments in Dallas are flexible in this regard. They will just require a copy of your bank statements to verify that you have enough funds to cover the cost of the rent for each month of the lease. For example, if your rent is $1000 a month, and you sign a 12 month lease, they will check to see if you at least have $12,000 in savings. They will also consider any Social Security money that you receive as monthly income. And if all else fails, they will accept a co-signer. Because Dallas is flexible in working with retired individuals, many enjoy the freedom and dignity of renting their own apartment without having to move into a retirement home for seniors. Perhaps this is one of the reasons that Money Magazine voted Dallas as one of the best places to retire in 2006 and 2007.
FINAL OBSERVATIONS. I am pleased to report that I live in a community that provides a reasonable blend of the four major features I had sought from the outset: decent living accommodations (spacious, functional layout, with a view); basic community amenities (good swimming pool and safe, convenient access to personal mail boxes and trash disposal facilities); abundant neighborhood shopping opportunities; and good accessibility to major highways and regional employment centers. Best of all, I reside near the intersection of two important road arteries, which means visitors can find me on a map even using the most schematic maps of the region.