What type of check are real estate companies going to do the tenants when renting a home?

Q. I've never rented a home listed by a realtor before and we are going to be selling our home and renting because rent in our area is about $1500 less than a house payment. I'm sure they run credit but what type of score are they looking for? Is it like a mortgage company where if your score isn't 720 you pay a higher rent or deposit? We've rented before, should I get a letter from our old landlord stating how wonderful and neat and clean we were?

A. It's not so much the credit score but rather the credit history...of course, your score will be affedted if you show late payments, collection accounts, judgement liens, bankruptcies and/ or foreclosure.......if you have such items noted I would put together a letter of explanation to mitigate.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.

A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.

Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.<BR><BR>A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.<BR><BR>Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

Landlords rules for renting a "How to list"?

Q. I have two rents homes and do have good luck with renting to good people. What are the rules you use to pick renters.

A. Savvy landlords should ask all prospective tenants to fill out a written rental application that includes the following information:
Employment, income, and credit history
Social Security and driver's license numbers
past evictions or bankruptcies, and
references.
Before choosing tenants, landlords should check with previous landlords and other references; verify income, employment, and bank account information; and obtain a credit report. The credit report is especially important because it will indicate whether a particular person has a history of paying rent or bills late, has gone through bankruptcy, has been convicted of a crime, or has ever been evicted.

Original Question

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What type of check are real estate companies going to do the tenants when renting a home?

Q. I've never rented a home listed by a realtor before and we are going to be selling our home and renting because rent in our area is about $1500 less than a house payment. I'm sure they run credit but what type of score are they looking for? Is it like a mortgage company where if your score isn't 720 you pay a higher rent or deposit? We've rented before, should I get a letter from our old landlord stating how wonderful and neat and clean we were?

A. It's not so much the credit score but rather the credit history...of course, your score will be affedted if you show late payments, collection accounts, judgement liens, bankruptcies and/ or foreclosure.......if you have such items noted I would put together a letter of explanation to mitigate.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.

A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.

Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.<BR><BR>A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.<BR><BR>Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

Landlords rules for renting a "How to list"?

Q. I have two rents homes and do have good luck with renting to good people. What are the rules you use to pick renters.

A. Savvy landlords should ask all prospective tenants to fill out a written rental application that includes the following information:
Employment, income, and credit history
Social Security and driver's license numbers
past evictions or bankruptcies, and
references.
Before choosing tenants, landlords should check with previous landlords and other references; verify income, employment, and bank account information; and obtain a credit report. The credit report is especially important because it will indicate whether a particular person has a history of paying rent or bills late, has gone through bankruptcy, has been convicted of a crime, or has ever been evicted.

Original Question

Powered by Yahoo! Answers

What type of check are real estate companies going to do the tenants when renting a home?

Q. I've never rented a home listed by a realtor before and we are going to be selling our home and renting because rent in our area is about $1500 less than a house payment. I'm sure they run credit but what type of score are they looking for? Is it like a mortgage company where if your score isn't 720 you pay a higher rent or deposit? We've rented before, should I get a letter from our old landlord stating how wonderful and neat and clean we were?

A. It's not so much the credit score but rather the credit history...of course, your score will be affedted if you show late payments, collection accounts, judgement liens, bankruptcies and/ or foreclosure.......if you have such items noted I would put together a letter of explanation to mitigate.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.

A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.

Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.<BR><BR>A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.<BR><BR>Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

Landlords rules for renting a "How to list"?

Q. I have two rents homes and do have good luck with renting to good people. What are the rules you use to pick renters.

A. Savvy landlords should ask all prospective tenants to fill out a written rental application that includes the following information:
Employment, income, and credit history
Social Security and driver's license numbers
past evictions or bankruptcies, and
references.
Before choosing tenants, landlords should check with previous landlords and other references; verify income, employment, and bank account information; and obtain a credit report. The credit report is especially important because it will indicate whether a particular person has a history of paying rent or bills late, has gone through bankruptcy, has been convicted of a crime, or has ever been evicted.

Original Question

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I am renting a home and building a house. Can I write off my interest on the house I am building?

Q. I am getting ready to do my taxes (turbotax) and I'm not sure how to handle my interest I pay for my construction and land loan. I'm currently renting a home and paying interest on a 500K loan to build my house. Can I write that interest off? If yes, do I do it as if it's the home I live in? Only people that know for sure respond please.

A. Publication 936


Home under construction. You can treat a home under construction as a qualified home for a period of up to 24 months, but only if it becomes your qualified home at the time it is ready for occupancy.

The 24-month period can start any time on or after the day construction begins.

Original Question

What type of check are real estate companies going to do the tenants when renting a home?

Q. I've never rented a home listed by a realtor before and we are going to be selling our home and renting because rent in our area is about $1500 less than a house payment. I'm sure they run credit but what type of score are they looking for? Is it like a mortgage company where if your score isn't 720 you pay a higher rent or deposit? We've rented before, should I get a letter from our old landlord stating how wonderful and neat and clean we were?

A. It's not so much the credit score but rather the credit history...of course, your score will be affedted if you show late payments, collection accounts, judgement liens, bankruptcies and/ or foreclosure.......if you have such items noted I would put together a letter of explanation to mitigate.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.

A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.

Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.<BR><BR>A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.<BR><BR>Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

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How do you find the previous owner of a home?

Q. okay well i was wondering,
do houses and rented homes have some kind of record?

like is there anyway to check and see who lived in a house before someone else moved in?

please help :(
thank you <3
sorry if i put this under the wrong subject .-.

A. previous owner of a house can be verified from the city planning office or from the provincial/city assessors office.but i think there is no way to check or verify the person who previously rented a house other than from the owner of the house itself.

Original Question

Where do a report unsafe conditions in a rented home?

Q. I rented a home in Georgia that has black mold, water bugs, and roaches that get into everything.

A. Contact your landlord by Certified mail of all problems in your rental. Also you may contact your local Health Department and City where you live and file a complaint with them. Definitely take pictures in case you need to sue because these kinds of problems can lead to serious illness. I wish you the best of luck!

Original Question

I am renting a home and building a house. Can I write off my interest on the house I am building?

Q. I am getting ready to do my taxes (turbotax) and I'm not sure how to handle my interest I pay for my construction and land loan. I'm currently renting a home and paying interest on a 500K loan to build my house. Can I write that interest off? If yes, do I do it as if it's the home I live in? Only people that know for sure respond please.

A. Publication 936


Home under construction. You can treat a home under construction as a qualified home for a period of up to 24 months, but only if it becomes your qualified home at the time it is ready for occupancy.

The 24-month period can start any time on or after the day construction begins.

Original Question

What type of check are real estate companies going to do the tenants when renting a home?

Q. I've never rented a home listed by a realtor before and we are going to be selling our home and renting because rent in our area is about $1500 less than a house payment. I'm sure they run credit but what type of score are they looking for? Is it like a mortgage company where if your score isn't 720 you pay a higher rent or deposit? We've rented before, should I get a letter from our old landlord stating how wonderful and neat and clean we were?

A. It's not so much the credit score but rather the credit history...of course, your score will be affedted if you show late payments, collection accounts, judgement liens, bankruptcies and/ or foreclosure.......if you have such items noted I would put together a letter of explanation to mitigate.

Original Question

Powered by Yahoo! Answers

What type of check are real estate companies going to do the tenants when renting a home?

Q. I've never rented a home listed by a realtor before and we are going to be selling our home and renting because rent in our area is about $1500 less than a house payment. I'm sure they run credit but what type of score are they looking for? Is it like a mortgage company where if your score isn't 720 you pay a higher rent or deposit? We've rented before, should I get a letter from our old landlord stating how wonderful and neat and clean we were?

A. It's not so much the credit score but rather the credit history...of course, your score will be affedted if you show late payments, collection accounts, judgement liens, bankruptcies and/ or foreclosure.......if you have such items noted I would put together a letter of explanation to mitigate.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.

A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.

Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

What rights does one have if they are renting a home, and just found out it is being forclwed?

Q. My sister rents a home and pays her rent every month on time. She signed a one year lease in August. A mortgage company came to the house,, took pictures and served her with papers for the owner stating the house has been forclosed. What rights does she have to stay there? Her family has nowhere to go right now.

A. Your sister needs to start looking for a new place, pronto.<BR><BR>A foreclosure is not a sale or transfer of ownership, it's a repossession, the laws that apply when an owner sells a home that leased do not apply in this situation. The lease is completely void.<BR><BR>Bank's are not in the landlord business, and are quick to try to mitigate their damages by putting the home on the market as quickly as possible.

Original Question

Landlords rules for renting a "How to list"?

Q. I have two rents homes and do have good luck with renting to good people. What are the rules you use to pick renters.

A. Savvy landlords should ask all prospective tenants to fill out a written rental application that includes the following information:
Employment, income, and credit history
Social Security and driver's license numbers
past evictions or bankruptcies, and
references.
Before choosing tenants, landlords should check with previous landlords and other references; verify income, employment, and bank account information; and obtain a credit report. The credit report is especially important because it will indicate whether a particular person has a history of paying rent or bills late, has gone through bankruptcy, has been convicted of a crime, or has ever been evicted.

Original Question

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