HomeReport
Real Estate & Finance News That Affects Your Home                                                         Page: 1 2 3 4

CAUTION

Foreclosures Can Be Real Nightmare For Renters

The National Association of Home Builders says nearly 40% of today's foreclosures involve residential properties that are being rented out by their owners. That means many renters are now at risk of losing their leases and being forced to move with little warning.

Learning the status of a property you are about to rent is important before you sign a rental agreement. One approach is to ask the landlord to show you a recent statement verifying up-to-date payments.

Another approach: While the landlord may ask for permission to run a credit check on you, you can also ask for permission to check his or her credit report showing payment history.

Still another way to ensure you won't be forced out of your home: Buy your own! Give us a call to find out how far your rent check would go toward purchasing a home. It's just a call -- no obligation!

RECOMMENDATIONS

Referrals Are Our Business

So much of our business comes through recommendations from satisfied home buyers and sellers we've worked with over the years. We would be happy to have your referrals too! One great way to send neighbors and friends in our direction is by passing our newsletter on to them (after you've finished reading it) so they have our current contact information handy when they need it. Thanks in advance!

                                                                                                                                                             Page: 1 2 3 4

Back to Scottsdale Real Estate Web Site