Ch7thehopefu…, Renter in Santa Clara, CA

are there apartments in Santa Clara, CA. that accept applicants with a history of chapter 7 bankruptcy? thanks!!

Asked by Ch7thehopefully, Santa Clara, CA Wed Aug 17, 2011

i've been in bankruptcy for a little over a year now with a credit score of 625...i have no longer any loans, credit cards, car payments, etc....help please...

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3
John Souerbry, Agent, Fairfield, CA
Thu Aug 18, 2011
I have a 2 bedroom available in Sunnyvale, near corner of Hollenbeck and Homestead. We consider the circumstances of the BK and current income and debt. If interested, send me an email ASAP.
In this market, we often rent to those with post-BK, short sale and foreclosure situations. It just takes a little more paperwork to help someone re-start their lives. Current employment is the key.
0 votes
Grace Morioka, Agent, San Jose, CA
Wed Aug 17, 2011
Hi Ch7 and thanks for your post.

I certainly understand your frustration because, around here, rental units are going so fast that someone with a bankruptcy filing in their past will definitely find it more challenging to get a place to live. Even qualified renters without any problems with credit are finding home rentals a huge challenge.

Your best bet will be to work directly with a homeowner who is renting his/her private home and not with a management company or apartment complex. If an apartment complex does agree to rent to you, you will most assuredly need a co-signer to guarantee your payment. Check Craigslist and try to work directly with a home owner. Be upfront and honest and let the owner know how you came into trouble, what you did to get out of debt, and how you plan to faithfully pay your rent every month from now on. Most of time, if you're honest, you'll find a property owner who is willing to work with you.

Good luck!!

Sincerely,
Grace Morioka
Area Pro Realty
0 votes
Joe Cusumano, Agent, Riverside, CA
Wed Aug 17, 2011
Renter,
Most will. Since you wipe out all your debt you are prime candidate for land owners. They will base their decision off your income and not your Fico.
0 votes
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