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We Check The Applicant’s Credit History

Vetting Tenants — How we protect the landlord’s interests. We Check The Applicant’s Credit History

Credit History

Good great is a good indicator, but is no guarantee of a good tenant. Good credit history indicates that someone pays bills on time and knows how to manage their finances. Renters usually have worse credit than homeowners / landlords.  Bad credit is not an absolute disqualifier. There are perfectly valid reasons why some people have bad credit and some of those people with bad credit can be outstanding tenants.

A credit history check is not the beginning or end but it is a good place to start to get a picture of whom you're dealing with.

 

Property Management Basics

Nesbitt Realty is trusted by local homeowners as well as overseas and out-of-state homeowners alike. We work for real estate investors and trusts, but most of our clients are just everyday people who need us to help them manage their property. Although some of our clients are genuinely wealthy and have us manage multiple properties that have no mortgages, the majority our clients are "mortgage landlords". A mortgage landlord needs the rental income to pay the mortgage for the property. For many of these homeowners the property that we manage may be the single largest investment interest in their life. Learn more about us now!

Northern Virginia Rental Management Resources