Screening Rental Applicants with Our Tenant Background Check Significantly Reduces Risk
Successful landlords and property managers know that conducting effective tenant screening proceedures doesn’t cost money, it saves a lot of money! Not only does our thorough tenant credit check save money, but it also conserves a lot time and frustation in dealing with deadbeat renters that can be a literal nightmare. These kinds of situations can be easily avoided by simply having a good knowledge of the level of risk you are assuming by selecting tenants based upon their previous track records.
Anyone who has a history of judgments, evictions, and criminal history should be considered as a potential high risk candidate. Historically, these kind of applicants can not only be very destructive to your property, but also they pose an elevated risk when it comes to paying the rent in a timely manner or at all. This is why it is extremely important to obain a curent and comprehensive tenant history report that also includes a tenant credit check with a FICO score. Typecially, applicants with a score of less than 650 are considered higher than normal risk. But, don’t just rely upon a FICO score because there are many more compenants to consider that don’t appear on a credit report. This is why our Online Background Check report is vital. It also includes key information such as address history, criminal records, etc. This report comes with the credit report when you order a Tenant Screening Report.
Identify Fraudulent and High Risk Rental Applicants by Arming Yourself with the Propert Data Derrived from Nationwide Sources
It is simply impossible to judge a rental applicant by their personal appearance or blindly accept their convincing promises that can be delivered by some very skilled sales person who may be very experienced in duping landlords into believing that they are a benign risk. There are many tricks renter frauds utilize which allow them to gain access to your property. All of this can be avoided by taking control of the situation and inisting that your prospective tenant complete our tenant background screening process form A-Z, without skipping any of the steps.
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