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Renter News

Renter tips: When breaking a lease is unavoidable

When thinking about breaking a lease, tenants should consider whether alternatives are available. Either way, MSN Real Estate recommends discussing the situation with the landlord as early as possible. This allows more time to reach a friendly agreement and avoids the perception that the renter wants to dump a problem on the owner at the… Read more >>

Renter tips: Avoid breaking the lease

While it is something better avoided and tenants should consider their long-term circumstances and needs before applying for a lease, sometimes it becomes necessary for someone to leave an apartment before the lease is up. Health problems, a job transfer or other changing circumstances can force such a move. If there is a reason to… Read more >>

The importance of renters’ insurance

Tenants may want to consider investing in renters' insurance, something many do without but which can be important. Weather and environmental effects in 2011 brought down trees that did significant damage in New York City, according to the New York Times. While damage from an earthquake like the one experienced last August may not be… Read more >>

Renter tips: Hunting for apartments

When looking for a new place to live, prospective renters may may have a hard time comparing apartments and getting a complete impression of a given unit. It may help to figure out some things to focus on in advance. Exactly what is most important varies from person to person, but all renters can use… Read more >>

Renter tips: Apartment hunting checklist

When looking for an apartment, there may be a lot of criteria for a prospective renter to track. Location is a major factor in several ways. How close the property is to work or school is often a deciding factor, as is access to public transportation. What floor the apartment is on may be important,… Read more >>

Credit information: New identification

Some consumers may receive suggestions or offers indicating they can improve their credit score by having a new credit record established, one that will not be linked to any past mistakes. According to the Federal Trade Commission, this offer is often made to those who have gone through bankruptcy, as it can appeal to them… Read more >>

Credit information: Reading a credit report

Tenant credit screening is standard procedure for landlords and rental managers, so it is often a good idea for applicants looking to sign a lease to check their own credit report first. There may be some differences depending on which credit reporting agency is the source of the report, but these are mainly formatting. They… Read more >>

Rent fraud occurrences rising in Bay Area

A number of rental property listings in the Bay Area in California are fraudulent, according to a report by the San Jose Mercury News, which exemplifies one way in which prospective renters have been cheated in the last year. The paper states many schemes involving advertising foreclosed or vacant properties for rent have taken place… Read more >>

Credit information: Credit building misconceptions

Renters may not realize that paying promptly may not be enough to help them build strong credit, according to The Washington Times. While it is true that paying on time is an important part of improving a credit rating, the source notes, experts state that many tenants may not be aware the type of account… Read more >>

Credit information: Major credit reporting agencies

Landlords will generally conduct credit screening as part of the process of evaluating potential renters. While everyone should know, in general terms, what their credit report will look like, it remains wise to check before the landlord does. Under the Fair Credit Reporting Act, consumers can check their own credit report for free once every… Read more >>