Tips for Catching Problems Not on a Renter Credit Report

There are some landlords who don’t get a renter credit report before they rent to someone and this is a big mistake. Additionally, giving the keys to a rental to someone new before letting their deposit check clear or verifying funds has caused a lot of people to lose money.  There are legitimate reasons for the tenant to move into the place immediately, but letting them to take possession without the funds is a bad idea. Here are some tips that you can use for catching the problems before they happen.

 

• Ensure the address and name on that check’s consistent with their application. If there’s no imprinted information on the check, you may have an issue.

 

• Look at the picture identification and ensure it’s consistent with the person’s application. Also check to make sure that the person is the person standing in front of you.

 

• Don’t accept postdated checks.

 

• If the check’s four sides are all smooth (there should be some perforation somewhere), it’s suspicious.

 

• Out-of-state checks, temporary checks, and the checks with two parties might mean there’s going to be a problem.

 

Performing a renter criminal check is also a good idea. The last thing that you want to do is to unknowingly let someone with a criminal past into your apartment or your house if you are renting a room.  They may have paid their debt to society but that doesn’t mean that they won’t do that again.  Criminal checks are important so that you know what you are getting into. Tenant Screening Services, LLC can help you with what you need.