2007-11-29 14:12:30 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
I'm only 18 and this'll be my first place.
2007-11-29 14:20:41 · update #1
If you have no credit or rental history I'd do it if
(a) I had a co-signer, and/or
(b) a double deposit and
(c) perhaps something in the lease that said I'd be by for a quarterly inspection, just to make sure everything was going smoothly.
A credit report isn't an end-all be-all. There are ways around not having one, or having a bad one.
2007-11-29 22:45:30 · answer #1 · answered by Sagebrush Kid 4 · 0⤊ 0⤋
it will depend on the landlord really. Some will say no way but others might require an additional deposit (in Maryland the legal max is 2 months rent) or they might require that someone act as a co-signer for you. A co-signer is someone who will guarantee the rent and had be held solely responsible (read: sued... the landlord can choose to only sue them rather than you or jointly) if you skip out or trash the place so a lot of people might not do it but your parents might...
2007-11-29 14:22:20 · answer #2 · answered by zeechou 3 · 0⤊ 0⤋
NO credit history? Well, its better than a bad one. Start to build one with fidelity to your landlord. They often require a damage deposit and one month in advance.
2007-11-29 14:18:52 · answer #3 · answered by te144 7 · 0⤊ 0⤋
They may require that you get someone to co-sign the lease with you who DOES have a credit history (and who will pay if you default).
?
2007-11-29 14:20:48 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The landlord may require a co-signor.
2007-11-29 14:33:17 · answer #5 · answered by !!! 7 · 0⤊ 0⤋