Landlords: Foreclosure Will Not Affect Rental Prospects
Those who have had their homes foreclosed on and are worried about how that may affect their ability to rent in the future can rest a little easier.
In a recent survey by the National Association of Independent Landlords, 82 percent of independent landlords said that they would rent to someone with a previous foreclosure, as long as the applicant has traditionally had good credit. The survey polled 563 members of the association at the end of March.
Tracey Benson, president of The National Association of Independent Landlords, said that landlords normally won’t rent to applicants with poor credit, and that foreclosures “absolutely slam someone’s scores.” However, she noted that “the exception is when they see people who have paid their bills their whole life, but lost their job, can’t meet their mortgage and must hand their keys back to the bank.”
See other articles related to: national association of independent landlords, renting, renting in dc
This article originally published at https://dc.urbanturf.com/articles/blog/landlords_foreclosure_will_not_affect_rental_prospects/3356.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro