- Credit History – The applicant's credit history informs us about the potential renter’s current and past performance with regards to debts and other financial obligations. The prospective renter’s credit report also tells us their monthly debt and shows their previous addresses (which we compare to addresses listed on the application). An applicant must have acceptable credit to qualify.
- Income Verification – Nesbitt checks out job status, prospects for continued employment, salary and job title. Depending upon the potential tenant's debt load, a tenant needs to earn not less than 3 to 4 times the monthly rent in gross income to qualify for rental.
- Application – After the possible renter learn more abouts an investment home, the agent takes an application. The application is accompanied by supporting documentation so that our real estate company can verify and examine all information included on the application. The applicant pays for the cost of the background check at the time of application.
The first step for Nesbitt Realty to choose a dependable tenant is to market your rental home to the widest-possible audience. But the second step is to identigy the a good lessee. Vetting applicants is one of the most crucial responsibilities of every rental property manager in 22314. Nesbitt Realty & Management look ats the potential renter’s past behavior. With that in mind, Nesbitt Realty assumes the potential tenant’s future behavior will be similar. The prospective renter should demonstrate a history of being a honest, solid renter and also possessing the financial capacity to handle the rent. Our background checking process is founded on several elements including: