We require a $100 holding fee in the form of a check or money order along with your application. No cash is accepted. There is also a $45.50 application fee per applicant (extra $5 if you've lived in Idaho) charged by ACRAnet, which is paid online when you fill out your online application. Co-signer applications are $14.00 per applicant. The holding fee is not cashed while your application is processing. If you are approved and you sign a lease with us, the holding fee will be credited towards your deposit. If you choose to pull your application before we have approved you and/or your Co-signer, your holding fee will be returned to you.
However, if you choose not to move forward once your or your Co-signer's application is approved, you forfeit your holding fee. The reason for this is to compensate the owner of the rental for the time and risk involved in removing a unit from the listing while we process an application. In a situation where we have kept it off the market for several days, even a week, and you choose to cancel your application, this holding fee compensates the owner for the loss of other potential tenants due to removing the unit from the market.
