Yes, if you have a good credit score than you should not have any issues. In today's market, many home owners have either short sold their homes or lost them in a foreclosure suit. They now only have options to rent. I have represented thousands of landlords who have rented to people in this exact situation and I will tell you that it works out since it's a common situation, not everyone is aware of the housing bust.
Now, what is very important is that every other bill is paid. Understand, if someone can't afford their housing payment but also is not paying other bills than the situation changes. Now it seems that the prospect tenant is simply not paying their bills and will unlikely secure a property to rent without going through extreme circumstances.
Sohail A. Salahuddin | Founder
Innovative Property Consultants Group | Sales and Leasing
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