SHORT SALES & RENTAL APPROVAL

It’s not the short sale in and of itself that’s going to hurt a rental applicant, it’s the credit that’s, “shot to hell.”  We are required to have established criteria by which any potential tenant will be judged.  If tenants do not meet those criteria, we cannot rent to them.  The goal is to prevent discrimination – the same standards are applied to everyone rather than picking and choosing.  Applicants often want us to “hear their story” when their application is denied or they are required to provide an additional deposit or a co-signer.  While we often sympathize with applicants’ struggles, we can’t base decisions on that sympathy; we must consistently apply the quantifiable criteria without bias.

We are here to help you and your clients with all aspects of the rental market. Please contact us for further assistance!

There are no warranties, express or implied, including fitness for a particular purpose, made with respect to this communication. Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should obtain the advice of an attorney well versed in these matters.