Landlords: Who do you use to run credit checks on potential tenants?

Answer 1

I call their personal refferences and ask if they would co-sign. Knowing credit is great but I'm more interested in the character of the person. If everyone says Yes without hesitation- I find it works out , I don't have them to sign- I just want to know if they would be willing to take a chance on them. (Someone once gave me a chance, when I had awful credit because of a divorce and I made sure I was NEVER late. Now my score is over 800 now....)

Answer 2

I have a real estate office in San Antonio. We use a local company that does checks on, rental history, employment history, credit history, and any kind of criminal background for anyone over 18 that is going to live in the house. Sometimes just taking a look at their credit is not enough.

Answer 3

Legally, you would have to go through a Real Estate Agent to do this. You cannot do it on your tenants only the R/Estate Agent can, and they have to get written permission and signature from the potential tenant before they can run a background check. (I'm from Australia so it might be different where you are from)

Answer 4

I hate credit exams for housing... i will see the ingredient in case you have under no circumstances rented earlier, yet once you have; i think of your previous condo historical past ought to do, it is not my potential landlord's business enterprise no count if I have been given my scientific expert bill paid on time, all that could desire to count to the owner is that I even have paid my lease on time and that i did no longer injury something etc...that tips could be gottten via contacting previous landlords. additionally, whenever you enable a credit verify to be achieved it has a adverse consequence on your credit. once you pass procuring for a clean place to stay, you seem at numerous places earlier you detect the only you decide on, then it incredibly is a conflict with whomever else has desperate they choose it too. It has the flair of different credit exams, different "workplace work" expenditures, upload that to all something. UG!

Answer 5

got to http://www.completelandlord.com/store/tenant-screen.aspx. They will fax you an application that the potential renter must sign. That will get you the OK from the tenant to do the background/credit check. They charge $24.95. I have no connection to Completelandlord.com

Answer 6

All credit checks are done by using one, two or all three credit bureaus. Equifax, Experian and TransUnion. Every landloard using their own preference. Some use just one, some will use two, some will use all three because quite often, the three differ from one another slightly. Good luck.

Answer 7

See Crystal. We also will waive credit reports for bank account balance and employment history. Generally speaking if the average daily balance is at least three months of rent and work history is good I don't worry about credit reports.

Answer 8

this is one of many reasons to use a licensed property manager.