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Just curious, because other comments also mention staying as long as you can and then getting a rental : wouldn't the first part mess up your credit record so b
by 13hours 13y ago
Just curious, because other comments also mention staying as long as you can and then getting a rental : wouldn't the first part mess up your credit record so badly that you couldn't get a rental? Here in South Africa I'm pretty sure almost no landlord will rent you something with a bad credit record like that (having gone through the process of renting a place and seeing all the proof they require that you'll be able to pay). Probably because it's very hard to get rid of tenants once they're in though, so you have to make sure they're ok before they move in. Is it different in the States?
Same thing with employing someone here, you have to be very sure they'll fit, because it's VERY hard to fire someone.
- gxespino 13y agoForeclosure is so common that a decent landlord will understand the situation. I'm a landlord myself and income trumps credit in most situations. Bad credit can be overcome with a bigger deposit, higher rate, and proof of income. In the end those things still mean more money in his pocket as opposed to spending a few extra months futily trying to save a home in foreclosure.