Property Q&A in Penns Grove>Question Details

chell616, Renter in Penns Grove, NJ

would renter consider lease in full for 12 months? i was in car accident. due to disability and facing forclosure on present home.

Asked by chell616, Penns Grove, NJ Sat Nov 5, 2011

my credit has suffered because of the accident. i am attending school in jan for cert. in medical assisting and need to find a renter suitable for my situation..

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Not sure: are a tenant looking to prepay a lease because you have bad credit? If so, most landlords would love for you to rent from them! Just ask around.
If you are a landlord and need money to keep your home, you will have a hard time finding a tenant to prepay a lease for a full year. However, there are a lot of people with poor credit due to the current financial/housing market and some of them do have cash. So, you might find someone who really needs a rental, but has bad credit and would be willing to give you a large chunk of cash to put down towards rent.
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0 votes Thank Flag Link Sun Nov 6, 2011

Do you mean would a renter pay upfront for the full 12 months to rent your home? If so, not likely....That's a lot of money to lay out all at once. At $1200/month thats $14,400 to lay out. If I had that kind of money laying around I probably wouldn't be renting I would be buying.
0 votes Thank Flag Link Sun Nov 6, 2011
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