Monday, March 12, 2007

How to Qualify to Rent a House

To rent a house you will need to meet certain requirements. The landlord will review your personal information and verify your information to determine the likelihood that you will be a good tenant. Each landlord will have their own standards and criteria that you will have to meet. When you apply to rent a home, you may want to apply for several, if you think there is a chance that you could be denied.

Instructions

    1

    Visit a landlord and submit an application. When you find a house you would like to rent, make an appointment to see the landlord. Submit an application with your name, address, phone number, social security number, date of birth and your place of employment. The landlord will also need your previous landlord's name as well as copies of recent paystubs. The application will also ask for personal references. When you have signed the application the landlord will get a copy of your credit report and verify the information on your application. These factors will determine if the landlord will rent to you.

    2

    Wait for approval or denial. The landlord wants to make sure your income is enough to make the rent payments. Once the landlord calls your previous landlord he will be able to see if your rent payments were timely. If you were always late paying your rent or nearly evicted, your application may not be approved. Your credit report will be instrumental when it comes to making a decision about your rental application. If you have a number of judgments, liens, collection accounts and other derogatory credit, the landlord may reject your application. Another factor to consider is how long you have been on your job. If you have had several jobs, for two or three months, within the last year, the landlord may decide to pass on your application.

    3

    Sign the lease agreement, if approved. You will receive keys after you sign the lease agreement. The lease agreement will outline the terms and will include the amount of your rent and when it's due.

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