There are numerous aspects to the rental process to consider as you begin your search. Typically property management companies will at least require applicants to have an income at least three times the amount of each month's rent, a clear rental history, and a good credit score. Don't be fooled, the company will discover any court actions against you and credit issues..
Individuals choose to rent for a variety of reasons including relocation, low maintenance, no annual property taxes and/or homeowner's insurance required (although, renters' insurance is highly suggested), poor credit score, or simply lack knowledge or are scared to begin the homebuying adventure. If your current situation falls into the last two categories, call me asap! Too embarrassed to talk about your current situation? Don't Be! Are you considered credit challenged? Having a less-than-perfect credit score will not necessarily prevent you from buying a home. There are several factors that determine home loan eligibility. As your REALTOR®, I am here to teach you how to transform your current financial situation into one where home ownership becomes a reality.
The benefits of home ownership are many and varied. Homes are considered one of the best intentional investments that consumers can secure. Why do you think your land lord wants you to continue renting! There is the potential for the value of your investment to increase as well as possible tax benefits. Call me so we can begin exploring your options.
We offer prospective home buyers a free (that's right, free) seminar on how to begin the homebuying adventure.. Visit our Appointments & More page for details on our next seminar. The team members of Elizabeth Taylor Properties are looking forward to helping you.