I just faxed an application to a property managment company to apply for a lease on a new home. I am relocating to a new area for the campany I work for and need to find a new place to rent. My concern is that my credit history is very poor and I will not get approved to move into this new house. Although my credit is poor, I am paying on everything on time at the moment and my credit has begun to go back up but is still not good. If my application is denied, is there anything I can do to persuade them to allow me to move in and sign the lease for the property? Money is not an issue and I can even put down a little more than they are asking for with regards to the security deposit or pay 2-3 months worth of rent up front. Would this make a difference? Is there anything I can do?
2007-02-06 05:07:44 · 2 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Unfortunately it's totally up to the landlord and if credit is an issue they are under no obligation to rent to you. The best thing I can suggest is to be up front with something along the lines of "I'll tell you up front my credit is not so great, it has improved from A to B in the last 6 months and I have no late payments" Offer proof of it along the lines of current rental/payment histories. The problem is a lot of people are hestitant and hold out on disclosing the credit problem after they've wasted the potential landlords time by looking at the place which makes them look sneaky. I think up front and honesty along with some hopeful face to face dialog may sway them.
2007-02-06 05:17:22 · answer #1 · answered by Dude 5 · 0⤊ 0⤋
Some places will let you move in if you pay a higher deposite or get letters of recommendation from your previous landlords.
Good Luck!
2007-02-06 05:15:52 · answer #2 · answered by Mrs. Wifey! 3 · 0⤊ 0⤋