Moving in 92596>Question Details

Sharon, Renter in Murrieta, CA

I HAVE A BANKRUPTCY AND NOT SO GREAT CREDIT WILL I BE ABLE TO FIND A HOUSE TO RENT. RENTAL HISTORY IS GREAT.

Asked by Sharon, Murrieta, CA Sat Sep 29, 2012

0 votes Share Flag Moving in 92596

Help the community by answering this question:

Answers

5
Hi Sharon,

Wanted to second the information you have been provided thus far, you should be ok and able to find a house to rent. The key is for you to be aware you might need to do a little more research and might be required a little more from the landlord. Be assertive and help your landlord understand your a great and responsible tenant. Good luck!!!

Mario Pineda
Trillion Real Estate
direct: 951.296.7985
e-mail: homes@mariopineda.com
0 votes Thank Flag Link Thu Feb 21, 2013
There are some lenders who will do mortgage at about 1.5 higher than market.
Thought I would mention this if you have an idea that you are totally blocked
from purchase now.
0 votes Thank Flag Link Wed Feb 6, 2013
Hi Sharon

You should be fine, as long as you are not late on other bills, and your rental history is stellar.

Of course you have to pay a premium due to the fact that your credit is bad and the fact that you
have a bankruptcy on your record, it means the Landlord or Property Manager will ask for
more "security deposit" than usual.

Good luck.
Ruth

http://ruthandperry.com/
0 votes Thank Flag Link Sat Sep 29, 2012
Sharon,

With so many people losing their homes they are all competing for rentals. This means you will pay more in rent, but it also means you are in the same credit boat as most. What I'm trying to say is you'll be ok but you may need to shop for the right landlord.
0 votes Thank Flag Link Sat Sep 29, 2012
Hi Sharon, most landlords are understanding of the credit hits given the times.
If you have good rental history, be sure and get a letter from your landlord and provide that with any rental application.
The fact that you have a recent BK is actually not a deal killer.

Best wishes,
Jory Blake
Web Reference: Http://www.joryblake.com
0 votes Thank Flag Link Sat Sep 29, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer