What is the screening process for new tenants?
We conduct a thorough process when screening each applicant. This is one of the most important parts in the management process; Ensuring you will have a good tenant who takes care of your home and pays rent on time. Every individual over the age of 18 will be required to fill out an application (found under the Tenant tab of this website), and must become party to the Lease (Each tenant is “Equally and Severably responsible under the terms of the Lease”). The screening process includes: • Pull Credit Report: Check tenant credit reports, analyze the report, and classify it as excellent, good, fair or poor. We look for evictions, collections, public records, bankruptcy or any late payments, accounts closed by grantor, accounts written off as P&L, etc. We also compare high balances with credit limits. How much of their available credit are they using? If it is 90%, they may have a weak credit score despite no negative accounts. If it is 10% they may have good credit score even with small
