my potential roomie has a score over 750. Is it possible to be able to rent an apt despite my problems?
2007-03-03 15:16:04 · 14 answers · asked by big b 2 in Business & Finance ➔ Renting & Real Estate
Buyin a house or condo isnt possible because i dont have enough income to qualify for them.
2007-03-03 17:33:13 · update #1
I live in Fla
2007-03-08 16:43:41 · update #2
Most people exit bankruptcy with a score reset at around 640. You can be proud that given that "second chance" you have raised your score. Rental agencys will rent to a mid 500 score if they dont show collections from property management firms. Really your score isnt as important to a property manager as liens, judgements and collections are. Those issues can rob you of income before you even see it and in turn cost them timely receipt of their monthly rent.
2007-03-03 17:14:16 · answer #1 · answered by Myron 4 · 4⤊ 0⤋
As long as you're showing no current delinquencies on your credit report, you shouldn't have any trouble in being able to rent an apartment. With a credit score of 677, even with a discharged bankruptcy, you can even qualify for a mortgage with some lenders. Just to be on the safe side though, your roommate with the higher credit score should be the first name on any rental applications.
2007-03-03 15:35:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
677 is nothing to be scared about!!! avg national norm is like 675.
\Ive been told by certain people that there are 2 differant credit scores. 1 they tell us and 1 they tell financial institutions. Don't take this for a definate Ive not researched it further then there word!
2007-03-03 15:25:27 · answer #3 · answered by mjoeg 2 · 0⤊ 0⤋
financial disaster is a really puzzling element to bypass via. Your credit will be affected yet understand you probable can say via how a lot till the financial disaster is in position. aspects as to how a lot become discharged and the fashion of credit it become is often seen even as the credit is classed. Be very careful in case you'll keep on with for credit every time on the fringe of the launch date. The financial disaster courts and your lenders which have had to take a loss due on your submitting financial disaster will be monitoring your credit events.
2016-11-27 20:02:07 · answer #4 · answered by campbel 4 · 0⤊ 0⤋
With those scores I'd buy a house. you can buy a house one day out of BK. I know a lender that will do it while in BK. I'm not sure where you live but if you're here in CA then you have a great opportunity to buy. Rentals are funny. It's best to buy. Where are you?
2007-03-08 06:49:52 · answer #5 · answered by Lawrence D 1 · 0⤊ 0⤋
yes you should not have a problem renting. Unless you get a bad refrence from another person that you rented from. We all fall on hard times but sounds like you have built up your score.
2007-03-03 15:20:18 · answer #6 · answered by Shelly t 6 · 0⤊ 0⤋
That score is pretty good under the circumstances. You should be able to rent with a reasonable security deposit.
2007-03-04 09:13:39 · answer #7 · answered by DLeibowitz 5 · 0⤊ 0⤋
you should have no problem people bounce back from hard times. does your room mate know about the bk? because that could potiential cause a problem if he/she finds out the deposit or move in requirements will be a little more expensive because you filed a bk. but other than that you will be fine , good luck
2007-03-10 03:45:50 · answer #8 · answered by Anonymous · 0⤊ 0⤋
why dont you consider buying a condo or a 2 unit building. With a score like that it woud pay for itself.
2007-03-03 15:59:11 · answer #9 · answered by Luckys Charm 4 · 0⤊ 0⤋
Yes. There is no problem. If you have a landlord or property mangement company that baulks at this I would be surprise worse case they ask for a larger security deposit.
2007-03-10 07:49:15 · answer #10 · answered by Hiddendepths 1 · 0⤊ 0⤋