Eina Chandler
Eina Chandler
0 Likes
1526 Views
4 years ago
Report

foreclosure

Can you still rent a house or apartment if you have a foreclosure on your record.
Email me when answers are posted
Colleen Corgan
Colleen Corgan
HotPads.com
2 Likes
0 Replies
4 years ago
Report
Hi Eina,

It is possible, just a bit trickier and you may have to put up more money up front.

Here are some ideas for renting after a foreclosure:

- Rent from individuals rather than larger property managers. Some property management companies have strict approval ratings that don't take into account individual situations. Individual home or condo owners may be more foregiving

- Offer to pay a higher security deposit. This will give the property manager a bit more security

- Offer to pay multiple months in advance. Same reason as above: the landlord knows that you are good for the rent money

- Get a co-signer to guarantee payments

Good luck!

Your Reply:

Email me when answers are posted
M Ch
M Ch
0 Likes
0 Replies
3 years ago
Report
Yes, you can. Look for a realtor that you can trust. Be honest and tell the truth at the beggining. This is going to make a huge different. There are millions of families like you. There are certain things that we can't control, so we need to move forward and do our best.
Show your responsability with your payments, recently. Recommendations and job letter, is good too. If you have the money to pay in advance, good for you, but not everyone can do that, especialy is you lost your past job or house, and you are trying to get in track again. Owners/property managers know when a person is honest (if there are honest too). Offer automatic payment, renter insurance and evidence of your income (job). Plan B: co sign the first year until you have the confidence with the owner. Now are hard times, everyone want to move the economy, let help each other! Good luck and God bless you!

Your Reply:

Email me when answers are posted

Your Answer:

details:

Email me when answers are posted