Relocating from NY, we want to Rent a Home not apartment or condo, how hard is it really to get into a house rental??

Asked by Dminerva4201, Rockland County, NY Fri May 11, 2012

we would be on a $1100 a month rental budget to provide room for the costs of utilities. how hard is it to get into a house with no so great credit? no new debts just old credit issues from younger years. EXCELLENT renters history with wonderful references. any help would be great thanks

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6
Jana Hristova, Agent, Tampa, FL
Fri May 11, 2012
There is not much difference between renting a condo and a single family home, landlords want reliable tenants who can pay the rent. If your credit problems are old and your recent credit history shows that you are paying on time you should not have problems.
Sometimes paying a higher deposit may overcome some credit issues. It all depends on the criteria of the property manager.
1 vote
Lisa Reeves, Agent, Tampa, FL
Fri May 11, 2012
Right now there are quite a few homes for rent in the New Tampa area and are very reasonable in rent. Make sure you either use a real estate agent or ask for proof of ownership if you rent from a homeowner.
1 vote
Alma Kee, Agent, Tampa, FL
Fri May 11, 2012
Just be VERY careful who you give money to. Some owners are in default and you may get served foreclosure papers and also have to allow realtors inside to show buyers with minimal notice. Also if the air conditoner stops working, an insolvent landlord may not have money to repair or replace it! Not a fun way to live..better to suffer temporarily in an apartment complex while you improve your credit.
1 vote
Dan Turner, Agent, Lutz, FL
Fri May 11, 2012
I made the move down from NY some years ago and I am certain you will enjoy the Florida lifestyle. With credit that is not the best, you should plan on paying first, last and security. There is also an application fee averaging $50 per person, and a pet fee (when applicable) of about $300 per pet. Please feel free to search for rental properties at http://www.DanTurnerRentals.com and let me know if you find properties you would like to view.
1 vote
Thanks for the encouraging words Dan. That is my name also. We would absolutely be able to cover the initial cost of the move in, and with 2 kids and lots of outside play toys we feel a house would better suit our needs then in a complex. I will surely check your site for rentals. Is proof of employment necessary to rent? Since we will be relocating from another state we will have to find jobs. We have money saved to allow us a few months of breathing room in the worst of scenarios but i see a lot of people saying they have trouble renting without employment. thanks again for your help....hopefully we will be talking more in the near future.
Flag Fri May 11, 2012
Carsmiley, Both Buyer And Seller, Tampa, FL
Thu May 31, 2012
No hard at all if you know were to look :)
Please contact me at carmen@kirstenrealty.com
0 votes
Alma Kee, Agent, Tampa, FL
Sat May 12, 2012
Also with these low Real Estate prices and low interest rates, you may be able to find a credit union to take a risk with lending you their own money for a mortgage. Try http://www.GTEFcu.org most credit unions will allow anyone to join.

Also there is the NACA Purchase program:

https://www.nacalynx.com/nacaWeb/purchase/purchaseProgram.as…

Also in Florida we have a First Time Homebuyer (can't have owned a home in past 3 years) that may be able to give you up to $7,500 towards your downpayment and closing costs. You must have a minimum credit score and also qualify for an FHA, VA, USDA or conventional mortgage.

All the best,
Alma Kee
http://www.SoldOnTampa.com
0 votes
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