Financing in Bristol>Question Details

Christine El…, Other/Just Looking in Bristol, CT

Still Can't Get A Rent Due To No Positive Credit

Asked by Christine Elizabeth Altieri, Bristol, CT Wed Apr 2, 2008

I am a 41 year old single mom, I recently left my ex fiance for a abusive relationship.Unfortanatly 23 years of working and trying to keep life in order. I was unaware of some issues on my credit report. I have not rented in over 12 years, when I left the relationship I left behind my home. I turned over the house to him. I was never allowed to have any positive credit in my name ie: car loans, credit cards. But I did make payments, we had a joint checking and savings.I am working on my credit history, which left me in less then $800.00 in debt. He also took all the money out of the bank, before I was able to stop my dierect depsits.I am know facing being homeless, due to the last two years I tried getting a place to live with my childern but with no history,it is impossible.I've tried not teling to much to the owners,and agaents I've been working with,then I give out why and what I'm doing to resolve these issues.I don't know what to do.I offered co-signers,extra money,short/long term

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A couple of suggestions:

In addition to contacting your local city and finding out what services they can offer, contact the Salvation Army. I'm not affiliated with them in any way, but they'll help you and provide advice.

Second, you need some guidance/help so you can make better decisions regarding your life going forward. Looking back, you'll probably see some places where your decision weren't the best. (We all make occasional bad decisions.) But a number of things even in your recounting (your ex taking money out of the bank before you could stop the direct deposit, turning the house over to him, "not telling much" to owners and agents) all suggest a pattern.

To digress a moment: I deal with lease options, helping people buy who have credit problems (among other problems). And there are two types of tenant-buyers with credit problems: Those with a good pattern and history, but then ran into some problem--divorce, medical problem, death in the family, loss of job, etc. That one problem was the primary reason for their difficulty. They've addressed the problem and are trying to rebuild. The other type of tenant-buyer with credit problems is one who's had credit problems for decades. They may be "bad" people--always skipping out on landlords, going in and out of jail, etc. Or they may be "good" people who keep making bad decisions or always seemed to be in the wrong place at the wrong time. Lease-option investors like the first type of tenant-buyer. They don't like the second type. Just off the bat, you sound like a good person who keeps making bad decisions. For instance, trying to hide your past from an agent or landlord is a bad decision. People who make bad decisions have to break that pattern.

The other advise below is very good. Individual landlords will, in general, be far more willing to consider you as a tenant that will someone using a management company or a Realtor. Frankly, I've used a Realtor to find tenants for me, and an applicant with your history wouldn't get past the Realtor's screen. However, your chances are much better dealing with the individual owner. But you've got to be honest with them. As you suggested in your question, you can make your offer far more attractive with co-signers, an additional deposit (though that often is capped by local laws or regulations), and a longer-term lease. Also, you have to show the owner that the problems you've faced in the past will remain in the past. Focus on your good work history and your ability to be a good tenant.

And, again, call the Salvation Army.

Hope that helps.
1 vote Thank Flag Link Sun Apr 13, 2008
Don Tepper, Real Estate Pro in Burke, VA
MVP'08
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I would recommend craigslist or a local classifieds. Rents on the MLS tend to cost more, ask for longer terms and stricter credit checks.
0 votes Thank Flag Link Sun Apr 13, 2008
If you try to look on internet sites such as Craigslist.com & classifieds in the paper you might have better luck. Many people trying to rent their homes that are not working with a realtor will not check your credit. Good luck!
0 votes Thank Flag Link Wed Apr 2, 2008
Interested in moving to sunny Clearwater, Florida? We would be happy to discuss your situation with you and offer some alternatives to being homeless. We have rentals available now. Good luck to you!
0 votes Thank Flag Link Wed Apr 2, 2008
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