Located in American River Canyon North - This gated Folsom two story home offers an open floor plan with 3 bedrooms and 3 baths. The 3rd bedroom and full 3rd bath are on the first floor. This home features a large living room w/ fplc, dinette, formal dining room, CH&A, large master bdrm newly painted interior, carpet / tile, low maintenance fenced backyard w/ patio cover and fountain. There is also a attached two car garage w/ opener. This property is located in the gated Cascades Community. Close to schools, parks, shopping.
Rent $2895
Security deposit $2800
Pets: Small pet negotiable
Utilities: Tenant pays water, sewer, garbage
Co-signers: No
Showing Calendar: [Use CALL or EMAIL to get in touch] 
You may apply online by clicking APPLY NOW from our website / property listing [Use CALL or EMAIL to get in touch] Application fee is $45 per adult.
Screening guidelines: All individuals planning on living at the property over the age of 18, must apply.
For more details regarding this unit, please visit our website at [Use CALL or EMAIL to get in touch] *Please email Agent at [Use EMAIL button] details & showing time schedule.
QUALIFICATIONS:
The following items are used as criteria to determine whether a resident will be accepted for a rental home with Residential Equity Management.
This property accepts SHRA / Housing Choice Vouchers and other lawful sources of rental assistance. In accordance with California law, voucher amounts will be considered part of the applicant's total income. All applicants are subject to the same screening standards, including:
Verifiable income of at least 3x the tenant responsible portion of rent and utilities.
1. The total income for the household must be at least 3 times the monthly rent. All income must be lawful and verifiable. We will ask for a current pay stub for each applicant. Other forms of verification may include: IRS 1040 (first 2 pages), court documentation, or county aid documentation. This property accepts State/Federal Housing subsidy programs as a source of income.
2. A credit & unlawful detainer check will be ran.
3. Landlord history will be verified for at least the last 2 years & employment verification. Again, if any applicant has had an eviction, the application will be declined.
4. A credit score of at least 650 is normally required.
5. Co-signer: only if noted as such in property terms.
6. All adults (18 years and older) must complete a separate application and application fee.
7. Renters Liability Insurance is required at a minimum of $100,000.
Lease terms are (usually) 1 year in length, and renewable at the end of each term upon evaluation of the tenant’s payment history, adherence to the terms of the lease & owner approval.
Security deposits and first month's rent must be paid in the form of a money order or cashier's check prior to occupancy. Once your application is approved, applicant(s) will have 24 hrs (business days) to decide on such property and to place a security deposit. Properties are typically held for no more than 21 days.
We DO NOT accept the Zillow rental application. You must apply through our website at [Use CALL or EMAIL to get in touch] or request a paper application from our office. Residential Equity Management does NOT advertise on Craigslist or Facebook Marketplace.
*We Do Business in Accordance with State and Federal Fair Housing Laws. It is Illegal to Discriminate Against Any Person Because of Race, Color, Religion, Sex, Handicap, Familial Status or National Origin.
Cal BRE #01150855

106 Lost Lake Ct

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