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 Was is the risk of buying a property at above the surveyor's valuation?
apart from the ...


 What does a real estate agent/realtor do?
I want to get a realtor license when I turn 18 the summer. I just want a basic explanation of what the job is and how money is made....


 Lawyers! I'm trying to move out of my appartment but they said there is a "no winter move out clause" ??
My lease began 03/01/05 but under the "Lease Period Ends" it says "N/A". I plan to buy a house and was told that I have to give a 60-day notice but the 60-day notice cannot expire ...


 Real Estate Problem/ Dispute?
If you have a written contract for a property/ real estate and the buyer(supposed buyer) breaks it by not paying, can I enforce that contract? And get the property back since he didnt pay for it? The ...


 In which cities is a square meter of land most expensive?
...


 I heard its a way to get a morgage with less than subprime credit, anybody heard of it?

Additional Details
i heard with these mortagages u have to refinance in 2yrs or lose your house. the loan is based on the property value and if the bank is likely to make a profit in 2 ...


 Are home inspectors often wrong?
We're selling our house & have an offer & today we had a home inspection. We bought our house from the builder & it's only 3 1/2 years old & we keep it in top shape! A...


 Can my landlord increase my rent before my lease is up for renewal?

Additional Details
There was a "lower rent" discount that I was receiving and the landlord got rid of it because supposely he got audited and this discount is not suppose to ...


 What does not in a...?
Subdivision mean when looking at house for sale?
Additional Details
is it a good are a bad thing?...


 My yard guy hurt while working on my lawn. he my or may not have insur. i have FL homeowners. can he sue me?
...


 Im 3 months behind on my morgage. i tried to refinance and sell but no.cant afford house, just want out, how?
i have an 80/20 loan on my house. i am 3 months behind on 1 and 2 on the other. i have tried to sell and i cant get what i need to pay off the house and i dont have any extra money to pay off the ...


 Any ideas - Problem Neighbour?
Myself and my fiance have been living in our current house since july last year. We rent it from Leaders.

During our first viewing of the property, the neighbour took the leaders ...


 Apartment maintenance problems...what can I do???
Ok, so for the last 4 to 5 months our air conditioner has not been cooling properly. The maintenance guy came and attempted to fix it but couldn't figure it out. He then promised to order a new ...


 Please help me, im so mad and scared about this pls help?
k my mom and dad got divorced and now because my dad refinanced on the house 2 times the house payment is 1500 a month!! so now the bank will take our house away in august if we cant pay the bills or ...


 Should a new agent go "door-to-door" to get customers?
What if you live in a dangerous city?...


 Mortgage - If Bank Goes Under What Happens To Borrower?
If your Mortgage Lender Defaults what will happen to the borrower?

Ok, They will try to sell your loan. Can they demand payment in full (call the loan?) Are there any legal protections ...


 How do you buy a piece of land when it is for sale by owner?
How do you go about buying property when it is being sold without a realtor. What do you do and how do things get organized (ex. the closing etc...) Also do you have to pay tax on the property when ...


 Please solve?
A real estate agent received a 6% commission on the sale of a home. If the home sold for $596,000, how much was his commission?...


 Who is responsible for a loss rent money order the renter are landlord?
the renter are late more then once now they say that the money order was lost and can't pay their rent until Jan 2 ,the law says that you have to wait 3 months to put them out ,rent was due on D...


 Should a real estate broker charge for a home price appraisal?
They are not wanting to sell their home, but they are interested to see what there home is worth. Do I charge? Normally, if someone comes and wants to sell there home, I go in and tell them what a ...



mad604
When did it become legal to ask for a credit check when you want to rent an apartment?
I mean, half these places aren't the effing Waldorf!!!!
                     
 




patrickmcc55
Credit checks have been used commonly for over 30 years.
They are asking you for "permission" to run a credit check. They cant without your permission. They can however, decline to rent to you without one.


KL
Apartments want to make sure they rent to someone who actually pays their bills. Wouldn't you? You do not have to give them permission, but why shouldn't you?


HomesByDamon.com
Been that way for years! If you were the owner, regardless of it being the Waldorf or not, I'm sure you would want some general indication of the renters desire to pay his rent.


garylian
Rating
This is standard practice. They are entering a legal contract with you, and they would prefer not having to go through the hassle of using a lawyer to throw a person out who can't afford the rent, so a simple credit check can save them a lot of money.

Get used to it.


A_Kansan
You know, when you rent a car, you are required to have a credit card, and they do an instant credit check.

When you rent a house, you are renting something several times more valuable than a car. Shouldn't the owners be allowed to do the same thing a car rental company does?

In addition, should any past landlord have a judgment against you for damages, it will show up on your credit record.

Landlord can, and often do, charge you for your application. These credit checks can run $30 per person.

I don't run that many credit checks. I use the willingness of the applicant as evidence they are honest. If they don't have anything to hide, then they probably don't need to hide anything.

Good Luck.


melouofs
Rating
They have the right to ensure you are a person who will not stiff them. By renting you an apartment, they are, in effect, extending you credit. I'd never rent to someone without one-getting rid of a non paying tenant is too much hassle.


mortgage help
Rating
who wouldn't want to see your credit first... Get your report pulled once, and make copies to try and save yourself paying for them to pull it.


ogrendle
Rating
Some time in the 1970s.


r_castro2002
It doesn't matter what shape they are in. The owners have the right to refuse you an apartment, if you refuse to submit to a credit check. It is their right to protect their property.


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