Rentals in Highlands Ranch>Question Details

Chazbb, Renter in Highlands Ranch, CO

Just had my house foreclosed on. Is it still possible to rent? Where can i rent with a low credit score. My business is just starting to improve.

Asked by Chazbb, Highlands Ranch, CO Wed Mar 23, 2011

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8
Spirit Messingham’s answer
Rent your old house? No. Rent in general? Probably. You can try property management but most places will pull your credit and obviously, that is not looking so great right this moment. I would suggest finding a place to rent on Craiglist, many landlords rent their houses themselves, times and money are tight, and not ALL will run a credit check.
This should allow you to rent, and work on repairing your credit, establish a trend of pays. Don't feel bad, we are all about second chances here in America, and even with the foreclosure, your credit is down but not out.

Keep your head up & best of luck.
Spirit
1 vote Thank Flag Link Wed Mar 23, 2011
It is true property management firms want to see paycheck stubs and they will look at credit history. Individuals, however generally are more receptive. You are, after all, speaking directly to the president of the company when you talk to the owner. Approaching someone who advertises renting their property in Rent.com or Trulia appears to be the best course.

Best regards,
Suz
0 votes Thank Flag Link Mon May 27, 2013
There are lots of rental opps around. Some investors buy foreclosed or short sale properties to rent them to people with low credit scores. The best thing to do is go around the neighborhood you want to rent and look for signs FOR RENT or FOR LEASE. That is the truth, back to basics!
0 votes Thank Flag Link Wed Feb 15, 2012
Dear Chazbb,

Indeed you can rent something and in fact I have seen a couple rental properties in Highlands Ranch, you just have to jump on them QUICKLY!!!! Here are some good sites to look for rentals:

http://www.craigslist.org
http://www.hotpads.com
http://www.move.com
http://www.rentals.com
http://www.rent.com

Just be prepared to fill out a lease application ASAP and be prepared to provide possibly a larger security deposit.

I think if you are proactive about the process and provide good references you should be able to find a suitable rental property to live in.

Let me know if you need anything and feel free to search for homes at http://www.brookehengst.com.

Brooke Hengst
REALTOR, CDPE, The Elite Team
Your Castle Real Estate
bhengst1@gmail.com
(720) 988-5952
http://www.brookehengst.com
Web Reference: http://www.brookehengst.com
0 votes Thank Flag Link Wed Aug 17, 2011
Yes you can rent! You may be required to bring a larger deposit but you should be able to rent. Everyone has been in your situation at one time or another! Good Luck!
0 votes Thank Flag Link Tue Aug 16, 2011
I'm a broker that owns some rental houses in Hghlands Ranch. All of my tenants have credit issues.
I just have a discussion with them when they sign the contract. They are expected to pay the rent on time. If they are late I promise to immediately start an eviction process. They are grateful that I will rent to them and (so far) all rents are recieved on time.
I'm happy to rent to them if they are good, reasonable people.
My houses have rented quickly.
0 votes Thank Flag Link Tue Aug 16, 2011
1st + last + security deposit will do it.
0 votes Thank Flag Link Wed Mar 23, 2011
In our Property Management Division; when we come across someone in your situtation, we typically require an additional security deposit. That absorbs some of the risk factor for the Owner. As you are looking for another home, you may want to plan for that possibility or even suggest your willingness to pay an additional amount upfront when you first meet with the showing agent.
0 votes Thank Flag Link Wed Mar 23, 2011
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