Can I sit and wait?

I often get asked when marginal applications are submitted for rental houses if the owners can wait and/or delay approving until they see if a better application gets submitted… the answer is maybe!  The time frame for applications is 7 days from when they are submitted, if they are not approved or declined within 7 days they automatically become declined. The application fees are non-refundable  but any deposits that have been submitted must be refunded upon application denial.

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