Q: When can we view an available property?
A: If a lease-to-purchase property is listed, then it is move-in-ready, and you can view it at any time. Please call IPS Amarillo during business hours for a key code.
Q: How long will my deposit hold a property before rent is assessed?
A: Rent will be assessed upon possession of the property or 15 days, whichever is sooner. We will hold a lease-to-purchase property with a deposit for up to 15 days without charging rent. Rent will start regardless of whether or not you have taken possession after the 15-day period. Once you have moved in, IPS Amarillo will make sure that the rent is prorated from that point.
Q: Will IPS Amarillo hold a property based solely on my verbal request until I come up with the deposit?
A: No. IPS Amarillo cannot hold a property until we have received a deposit and the application is approved. This type of leasing option is a first-come-first-served basis and is subject to approval of the application by our property management company.
Q: How long is the term of the lease?
A: Typically, the term of the lease is for one year, however, IPS Amarillo will occasionally make exceptions. Extenuating circumstances including, having a home built, professional employment of a temporary nature, and corporate leases are a few of the reasons for which we would permit shorter terms. Rates are higher on a shorter-term lease.
Q: Who pays for the utilities and yard maintenance?
A: The utilities and yard maintenance are both the responsibility of you, the occupant. We take pride in our lease-to-own homes and require that all tenants maintain the yards.
Q: Do I need good credit to lease an IPS Amarillo home?
A: While good credit is a part of the picture, we understand that sometimes unexpected situations arise, which negatively affect your credit. IPS Amarillo looks at your history as a whole including, employment, rental history, credit history, and any criminal history. Even if you do not have an excellent credit score, you may still qualify. Call IPS Amarillo to discuss your personal circumstances and see the possibilities.
Q: Are pets allowed?
A: Pets are addressed on a case by case basis, depending on the wishes of the property owner, and also the size and type of pet. In cases where a pet is allowed, you should expect to pay an additional pet deposit.
Q: Is there a Lease / Purchase Option available?
A: Yes, please review the Lease / Purchase Option program on this web site.
Q: Do I need permission to let another adult move into my home?
A: Yes, you will need permission to add another resident to the home. Anyone who was not listed as a resident on the initial application will not be permitted to move in. Please refer to the portion of your lease, which addresses residents and contact the owner of the home.
IPS Amarillo collects all rents electronically for your convenience. We can make drafts on either a checking or savings account for your regularly scheduled payments. Draft dates for regularly scheduled payments are the first or the fifth of each month. We will work with you to select the date that best suits your pay schedule.