This applies to renting, getting a mortgage, etc.
Mark Burns, RealtorÂ®
Coldwell Banker Elite - Top 2% Worldwide
DRE #00896552 Licensed since 1985
Over 600 Homes Sold in Silicon Valley
Typically, whenever you're applying to rent a property--whether an apartment in a larger complex or a single famiy home owned by a private individual, the landlord or management company will usually run a credit check on you to determine if you can and are able to pay for the rent on a monthly basis.
Now, if your credit is poor or, like many people out there today, you've had a reversal of income and/or a short sale or foreclosure on your home, you will be able to find housing, but it will be a bit more difficult. The best defense in situations like these are good offenses, and start by explaining your situation to the landlord. Some--not all--will be willing to help you rent a home despite your credit. Others will need to know more and some may refuse, but you'll never know unless you try. It will help immensely if you can demonstrate to your potential landlord, your ability to pay by either having someone be a co-signer on your lease or proving that you have employment that can cover the rental fees.
So, short answer--yes, most of the landlords and management companies will run your credit score to see if you can pay the rent. Hope this helps!
Area Pro Realty-People's Choice